209 State St Rutland, VT 05701
Estimated payment $3,118/month
Highlights
- New Englander Architecture
- Baseboard Heating
- Level Lot
About This Home
$10,000 buyer credit for condos only. 11am-1pm.This property can be converted into a condominium. Pricing shown is for individual units, subject to final recording of condominium documents with the Town of Rutland VT Units cannot be conveyed until the condominium conversion is legally completed. Anticipated pricing: Unit A – $299,000 | Unit B – $289,000.
Beautifully renovated and previously operated as a successful Airbnb and ski rental, this 3,200+ sq ft property includes a current occupancy permit, allowing for immediate short-term rental use. Ideal for investors or owner-occupants seeking income potential.
Each unit offers true utility separation (water, electric, oil, heat), updated plumbing and electrical, newer appliances (under 2 years), and freshly painted interiors/exteriors. The first-floor unit features a new primary bathroom, upgraded kitchen, original wood floors, and smart locks. The second-floor unit includes a bright sunroom with mountain views.
Enjoy peace of mind with a 10-camera Wi-Fi security system, monitored smoke/CO detectors, and motion/window sensors. The dry, insulated basement includes a vapor barrier and sump pump; the attic has 16" blown-in insulation. Exterior upgrades include 3 new Trex staircases, EV/RV 30-amp plugs, water filtration, and recent slate roof maintenance (June 2025). Ample parking and classic charm with modern efficiency—ready to generate income or move right in. Owner Occupied-No current leases.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,449
Year Built
- Built in 1905
Lot Details
- 6,534 Sq Ft Lot
- Level Lot
Parking
- Gravel Driveway
Home Design
- New Englander Architecture
- Stone Foundation
- Slate Roof
- Clapboard
Interior Spaces
- Property has 2 Levels
- Basement
- Interior Basement Entry
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Utilities
- Mini Split Heat Pump
- Baseboard Heating
Community Details
- 2 Units
Map
Home Values in the Area
Average Home Value in this Area
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 | -- | $152,900 | $40,600 | $112,300 |
| 2023 | -- | $152,900 | $40,600 | $112,300 |
| 2022 | $5,280 | $152,900 | $40,600 | $112,300 |
| 2021 | $0 | $152,900 | $40,600 | $112,300 |
| 2020 | $5,298 | $152,900 | $40,600 | $112,300 |
| 2019 | $5,167 | $152,900 | $40,600 | $112,300 |
| 2018 | $5,175 | $152,900 | $40,600 | $112,300 |
| 2017 | $4,699 | $175,400 | $40,600 | $134,800 |
| 2016 | $3,807 | $123,700 | $40,600 | $83,100 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/30/2025 07/30/25 | Price Changed | $499,995 | +0.2% | $155 / Sq Ft |
| 07/29/2025 07/29/25 | For Sale | $499,000 | +84.8% | $154 / Sq Ft |
| 10/13/2022 10/13/22 | Sold | $270,000 | +1.9% | $83 / Sq Ft |
| 07/21/2022 07/21/22 | Pending | -- | -- | -- |
| 07/18/2022 07/18/22 | For Sale | $265,000 | +140.9% | $82 / Sq Ft |
| 06/25/2015 06/25/15 | Sold | $110,000 | -33.3% | $34 / Sq Ft |
| 04/24/2015 04/24/15 | Pending | -- | -- | -- |
| 08/23/2012 08/23/12 | For Sale | $165,000 | -- | $51 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $270,000 | -- | |
| Deed | $110,000 | -- |
Source: PrimeMLS
MLS Number: 5053982
APN: 540-170-12058
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