$240,000
$10K PRICE DROP

23 Terrill St Rutland, VT 05701

Estimated payment $1,561/month

Total Views 22,497
-- Bed
-- Bath
2,208 Sq Ft
$109 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • 3-minute walk to Main Street Park
  • Wood Flooring

About This Home

Turnkey Hair Salon & Income-Generating Apartment Opportunity Located on a busy street, this established hair salon offers a fully equipped, ready-to-operate business with an additional income stream from a one-bedroom apartment. The business is move-in ready—just turn the key and start working. Features include: Comfortable waiting area
Fully furnished front desk
Reclining shampoo area
Hair drying station
Washer & dryer
Two cutting and styling stations (expandable)
Retail shelving for product sales
Manicure, pedicure, facial, and massage rooms for comprehensive services
This versatile setup provides a unique opportunity for an entrepreneur to own a thriving salon business with extra income from the apartment. Perfect for someone looking to step into a turn-key operation with potential for growth. This property is also listed as a Commercial property MLS#5055887

Listing Agent

Alison McCullough

Alison McCullough Real Estate License #081.0064536 Listed on: 08/12/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,622

Year Built

  • Built in 1888

Lot Details

  • 3,049 Sq Ft Lot

Parking

  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction

Interior Spaces

  • Property has 1 Level
  • Wood Flooring
  • Basement
  • Interior Basement Entry

Utilities

  • Forced Air Heating System
  • Cable TV Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,622

Year Built

Built in 1888

Lot Details

0

Listing Details

  • Directions: Route 7 - Main Street turn onto Terrill building on the left on corner.
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1888
  • Display On Internet: High Speed Intrnt Avail
  • Architectural Style: Colonial, Multi-Family
  • ResoLotFeatures: Neighbor Business, Sidewalks, Near Shopping, Near Public Transit, Near Hospital, Near School(s)
  • Road Frontage Type: Public
  • MLS Status: (10) Active - Active
  • Above Grade Finished Sq Ft: 2208.0
  • Unit Levels: One and One Half
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Basement_Access_Type: Interior
  • Below_Grade_Unfinished_Area_Source: Owner
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood
  • Basement: Concrete
  • Basement YN: Yes

Exterior Features

  • Driveway: Gravel
  • Roof: Asphalt Shingle
  • Construction Type: Wood Frame
  • Foundation Details: Concrete

Garage/Parking

  • Attached Garage: No

Utilities

  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling: Wall Unit(s)
  • Utilities: Cable
  • Water Source: Public

Lot Info

  • Surveyed: Unknown
  • Zoning: Mixed Use
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3049.0

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 3622.0

Multi Family

  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 1

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 -- $93,500 $44,300 $49,200
2023 -- $93,500 $44,300 $49,200
2022 $3,229 $93,500 $44,300 $49,200
2021 $3,269 $93,500 $44,300 $49,200
2020 $3,240 $93,500 $44,300 $49,200
2019 $3,160 $93,500 $44,300 $49,200
2018 $3,165 $93,500 $44,300 $49,200
2017 $2,946 $93,500 $44,300 $49,200
2016 $2,937 $93,500 $44,300 $49,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2025 10/18/25 Price Changed $240,000 -4.0% $109 / Sq Ft
08/12/2025 08/12/25 For Sale $250,000 -- $113 / Sq Ft
Source: PrimeMLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Source: PrimeMLS

MLS Number: 5056117

PrimeMLS

APN: 540-170-10538