$315,000
SOLD JUL 31, 2025

63 Lafayette St Rutland, VT 05701

5 Beds
4 Baths
2,499 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$126 Per Sq Ft

7% Below List Price

49 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Garden
  • Deck
  • Corner Lot
  • Baseboard Heating

About This Home

As of July 2025

This is the investment property you've been waiting for! Located in a nice neighborhood, on a corner lot in Rutland city, this property features 3 units - Two 2 bedroom units and a single one bedroom unit. Both 2 bedrooms are spacious, featuring eat in kitchens, light filled living rooms, queen size bedrooms, and laundry in unit! They both have their own access to a large deck on the back of the house. One of the 2 bedroom apartments even has a second lower level floor with a large bonus room and a full bath with direct access to the garage! The one bedroom is located on the first floor has an open living room/kitchen layout with huge king size bedroom! The house sits on a beautiful corner lot with mature trees, nice landscaping and a large backyard. With 2 paved driveways and a one car garage, this property offers plenty of off street parking for all of the apartments. This is a fantastic income producing property!

Last Agent to Sell the Property

Claire Thompson

Real Broker LLC License #082.0134643 Listed on: 06/11/2025

Last Buyer's Agent

Patrick Sady

Four Corner Properties LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,540

Year Built

  • Built in 1970

Lot Details

  • 9,583 Sq Ft Lot
  • Corner Lot
  • Garden

Parking

  • 1 Car Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Concrete Foundation
  • Metal Roof
  • Clapboard

Interior Spaces

  • Property has 2 Levels
  • Mountain Views
  • Finished Basement
  • Walk-Out Basement

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Utilities

  • Baseboard Heating
  • Separate Meters
  • Cable TV Available

Additional Features

  • Deck
  • City Lot

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • Gross Income $40,200
  • Net Operating Income $35,261

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,540

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1970
  • Display On Internet: Fiber Optic Internt Avail,DSL Available
  • Architectural Style: Apartment Building
  • ResoLotFeatures: City Lot, Corner Lot, Curbing, Landscaped, Mountain View, Sidewalks, Street Lights, Near Shopping, Neighborhood, Near Hospital
  • Road Frontage Type: Paved, Public, Public Maintained Road
  • MLS Status: (20) Closed - Closed
  • Above Grade Finished Sq Ft: 1659.0
  • Unit Levels: Two
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Basement_Access_Type: Walkout
  • Separate_Utilities: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Owned Water Heater
  • Total Bedrooms: 5
  • Flooring: Carpet, Hardwood, Laminate
  • Basement: Apartment, Concrete Floor, Finished, Interior Stairs, Walkout
  • Basement YN: Yes
  • Below Grade Sq Ft: 840.0

Exterior Features

  • Driveway: Paved
  • Exterior Features: Deck, Garden, Natural Shade
  • Roof: Metal
  • Construction Type: Clapboard Exterior
  • Foundation Details: Concrete

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Driveway, Garage, Off Street, Parking Spaces 3

Utilities

  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Heating: Oil, Baseboard, Electric
  • Cooling: None
  • Utilities: Cable Connected, Phone Connected
  • Water Source: Public

Lot Info

  • Surveyed: Unknown
  • Zoning: Residential
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583.0

Multi Family

  • Gross Income: 40200.0
  • Number Of Units Total: 3
  • Net Operating Income: 35261.0
  • Number Of Units Leased: 3
  • Number Of Separate Electric Meters: 3

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 6539.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2025
Closed on
Jul 31, 2025
Sold by
Ziegler Robert
Bought by
Stepanenko Natalya and Taras Mancinas-Stepanenko
Seller's Agent
Claire Thompson
Real Broker LLC
Buyer's Agent
Patrick Sady
Four Corner Properties LLC
List Price
$340,000
Sold Price
$315,000
Premium/Discount to List
-$25,000
-7.35%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.59%

Purchase Details

Closed on
May 16, 2019
Sold by
Estate Of Richard B Ziegler
Bought by
Ziegler Robert R
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $315,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 Sold $315,000 -7.4% $190 / Sq Ft
06/11/2025 06/11/25 For Sale $340,000 -- $205 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

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 -- $168,800 $56,200 $112,600
2023 -- $168,800 $56,200 $112,600
2022 $5,829 $168,800 $56,200 $112,600
2021 $5,902 $168,800 $56,200 $112,600
2020 $5,849 $168,800 $56,200 $112,600
2019 $5,705 $168,800 $56,200 $112,600
2018 $5,713 $168,800 $56,200 $112,600
2017 $5,319 $168,800 $56,200 $112,600
2016 $5,302 $168,800 $56,200 $112,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 5045862

PrimeMLS

APN: 540-170-16056