98 Park St Unit 5 Rutland, VT 05701
Estimated payment $937/month
Highlights
- Cape Cod Architecture
- Wood Flooring
- 2 Car Garage
About This Home
Bring your vision and tools to this rare investment opportunity — two homes situated on a spacious .60-acre city lot in Rutland City.
The front home is a Cape-style residence featuring 4 bedrooms and 1 bathroom. It offers a solid footprint and a functional layout ready to be reimagined. The rear home is a raised ranch with 2 bedrooms and 1 bathroom, highlighted by beautiful original hardwood floors that could be restored to their former charm. Once home to a U-shaped driveway wrapping around the property, the lot offers ample space for parking and outdoor living, with the potential to revive this convenient access feature.
Whether you plan to renovate both homes for rental income, create a multi-generational living setup, or redevelop the lot, the possibilities are wide open - both properties have experienced multiple flooding events and are in need of extensive renovation. Being sold AS-IS / WHERE-IS, this property is perfect for investors, contractors, or buyers looking for a project with strong potential.
Home Details
Home Type
- Single Family
Year Built
- Built in 1930
Lot Details
- 0.6 Acre Lot
Parking
- 2 Car Garage
- Dirt Driveway
Home Design
- Cape Cod Architecture
- Raised Ranch Architecture
- Repairs Needed
- Block Foundation
Interior Spaces
- Property has 1 Level
- Basement
- Interior Basement Entry
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- 1 Bathroom
Location
- Flood Zone Lot
- City Lot
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 | -- | $98,600 | $29,700 | $68,900 |
| 2023 | -- | $98,600 | $29,700 | $68,900 |
| 2022 | $3,405 | $98,600 | $29,700 | $68,900 |
| 2021 | $3,448 | $98,600 | $29,700 | $68,900 |
| 2020 | $3,417 | $98,600 | $29,700 | $68,900 |
| 2019 | $3,332 | $98,600 | $29,700 | $68,900 |
| 2018 | $3,337 | $98,600 | $29,700 | $68,900 |
| 2017 | $3,107 | $98,600 | $29,700 | $68,900 |
| 2016 | $3,064 | $98,600 | $29,700 | $68,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/15/2025 10/15/25 | Price Changed | $150,000 | -14.3% | $94 / Sq Ft |
| 08/12/2025 08/12/25 | For Sale | $175,000 | -- | $109 / Sq Ft |
About the Listing Agent
Hughes Group's Other Listings
Source: PrimeMLS
MLS Number: 5056139
APN: 540-170-17524
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