182 State St Rutland, VT 05701

Calling all investors! This versatile three-unit property in Rutland presents a rare opportunity to own an income-generating asset with multiple revenue streams. The main home is a classic two-family residence featuring two spacious apartments—one on the first floor and one on the second. Each unit offers a functional layout. The upstairs apartment has been recently refreshed with brand-new flooring, fresh paint throughout, and the addition of a large closet to enhance the generously sized primary bedroom. A charming sun porch at the rear of the second-floor unit adds to its appeal. Behind the main building sits a detached, stand-alone dwelling —a valuable bonus unit where the tenant pays all their own utilities. This open-concept living space features wood floors, two bedrooms, and a sunny south-facing private deck. Below the living space is a two-bay garage, currently used for storage but offering potential for additional rental income or tenant amenities. A shared driveway leads to an ample off-street parking area, ensuring convenience for all residents. Located adjacent to the paved Rutland Creek Path—a multi-use trail that links Pine Hill Park to downtown. This property offers consistent tenant appeal and excellent proximity to local employers, schools, shopping, and outdoor recreation. With strong rental demand in the area, this is a smart addition to any investment portfolio.