75 Harrison Ave Rutland, VT 05701
Estimated payment $1,638/month
Highlights
- Wood Flooring
- Baseboard Heating
- 2-minute walk to Baxter Street Park
About This Home
A Four Unit Investment Property.
This reasonably well-maintained four-unit property offers two 2 bedroom and two 1 bedroom units, making it appealing to both renters and owner-occupants. This is a “turnkey” rental property, ready to generate income immediately.
Located within Rutland City, near downtown shops, schools, parks, and public transportation, this property benefits from strong rental demand. Being only 20 minutes from Killington/Pico Ski Resort, makes this property attractive for both long-term tenants and seasonal workers.
Recent renovations include: new roof (2024 ) vinyl windows, fresh paint, flooring, wiring, lighting, and washer and dryer hookups. This property’s attractive updates should improve tenant retention.
As an owner-occupied property, live in one unit and let the other units pay your mortgage, which is great for owners looking to offset living expenses while gaining equity.
With a dry basement, deck space, and room for a pool or garden, you can enhance the property to potentially boost rent or appeal. Add value through additional improvements or upgraded amenities.
Benefit from: immediate income from updated units, a low-maintenance setup with modern finishes, a strong location appeal for renters and owner-occupiers and value-add potential through further improvements.
With the current housing needs in Rutland, and historically stable rental market, this is a smart, practical investment. Schedule a showing appointment today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,265
Year Built
- Built in 1920
Parking
- Gravel Driveway
Home Design
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
Interior Spaces
- Property has 2 Levels
- Basement
- Interior Basement Entry
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Schools
- Northwest Primary Elementary School
- Rutland Intermediate School
- Rutland Senior High School
Additional Features
- 0.26 Acre Lot
- City Lot
- Baseboard Heating
Community Details
- 4 Units
- 4 Leased 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 | -- | $135,900 | $35,900 | $100,000 |
| 2023 | -- | $135,900 | $35,900 | $100,000 |
| 2022 | $4,693 | $135,900 | $35,900 | $100,000 |
| 2021 | $4,752 | $135,900 | $35,900 | $100,000 |
| 2020 | $4,709 | $135,900 | $35,900 | $100,000 |
| 2019 | $4,593 | $135,900 | $35,900 | $100,000 |
| 2018 | $4,600 | $135,900 | $35,900 | $100,000 |
| 2017 | $4,282 | $135,900 | $35,900 | $100,000 |
| 2016 | $4,269 | $135,900 | $35,900 | $100,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/09/2025 08/09/25 | Price Changed | $225,000 | -9.6% | $79 / Sq Ft |
| 07/24/2025 07/24/25 | For Sale | $249,000 | -- | $87 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $150,000 | -- | |
| Deed | $150,000 | -- | |
| Corporate Deed | -- | -- | |
| Corporate Deed | -- | -- |
Source: PrimeMLS
MLS Number: 5053172
APN: 540-170-15054
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