$475,000
UNDER CONTRACT

120 Maple St Rutland, VT 05701

Estimated payment $2,623/month

Total Views 15,328
-- Bed
-- Bath
3,600 Sq Ft
$132 Price per Sq Ft

Highlights

  • Vinyl Plank Flooring
  • Walk-Up Access
  • 3-minute walk to Baxter Street Park

About This Home

Discover a true unicorn investment property in the heart of Rutland! 120 Maple Street has been completely reimagined and rebuilt from the studs up—delivering a turn-key, worry-free opportunity for investors or owner-occupants alike. This fully renovated five-unit property features four spacious 2-bedroom apartments and one 1-bedroom apartment, each designed with modern finishes, abundant natural light, and thoughtfully upgraded layouts. Every aspect of the building is brand new—including all mechanicals, electrical, plumbing, heating systems, and interiors—ensuring long-term durability and low operating costs for years to come. Three of the five units have rent restrictions tied to HUD Fair Market Rent Rates for 5 years, due to grant funds received to renovate the property. Located in a strong rental market with high demand for quality housing, this property offers a rare blend of stability and upside. Tenants will enjoy updated kitchens and baths, energy-efficient systems, and the convenience of a central Rutland location close to shops, schools, and employers.

Listing Agent

Andy Paluch

Longview Commercial Real Estate License #081.0134370 Listed on: 09/23/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,646

Year Built

  • Built in 1860

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Slate Roof
  • Clapboard

Interior Spaces

  • Property has 2.5 Levels
  • Vinyl Plank Flooring
  • Basement
  • Walk-Up Access

Parking

  • Gravel Driveway
  • Off-Street Parking

Additional Features

  • 9,583 Sq Ft Lot
  • City Lot
  • Cable TV Available

Community Details

  • 5 Units
  • 5 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,646

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1860
  • Display On Internet: Cable Internet
  • Architectural Style: Multi-Family
  • ResoLotFeatures: City Lot
  • Road Frontage Type: Paved
  • MLS Status: (31) Under Contract - Active Under Contract
  • Above Grade Finished Sq Ft: 3600.0
  • Unit Levels: 2.5
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Basement_Access_Type: Walk-up
  • Separate_Utilities: Varies
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl Plank
  • Basement: Bulkhead, Gravel, Insulated
  • Basement YN: Yes

Exterior Features

  • Driveway: Gravel
  • Roof: Asphalt Shingle, Slate
  • Construction Type: Wood Frame, Clapboard Exterior
  • Foundation Details: Poured Concrete, Stone

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street

Utilities

  • Electric: Other
  • Sewer: Public Sewer
  • Heating: Propane
  • Cooling: None
  • Utilities: Cable
  • Water Source: Public

Lot Info

  • Surveyed: Unknown
  • Zoning: MR-1
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1646.0

Multi Family

  • Number Of Units Total: 5
  • Number Of Units Leased: 5
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 1

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $42,500 $32,700 $9,800
2023 -- $42,500 $32,700 $9,800
2022 $1,468 $42,500 $32,700 $9,800
2021 $4,881 $139,600 $40,900 $98,700
2020 $4,838 $139,600 $40,900 $98,700
2019 $4,718 $139,600 $40,900 $98,700
2018 $4,725 $139,600 $40,900 $98,700
2017 $4,399 $139,600 $40,900 $98,700
2016 $4,385 $139,600 $40,900 $98,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2025 09/23/25 For Sale $475,000 -- $132 / Sq Ft
Source: PrimeMLS

Source: PrimeMLS

MLS Number: 5062592

PrimeMLS

APN: 540-170-11900