Bought with Betsy Adamovich • Real Broker LLC
$200,000
$300,000
33.3%For more information regarding the value of a property, please contact us for a free consultation.
0.31 Acres Lot
SOLD DATE : 02/27/2026
Key Details
Sold Price $200,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 5038723
Sold Date 02/27/26
Construction Status Existing
Year Built 1900
Lot Size 0.310 Acres
Acres 0.31
Property Description
Bring your vision and tools—this massive property is ready for transformation. Once a 23-room boarding house, this impressive structure has been partially converted into a 4-5 unit multifamily building, with each unit designed to have 4+ bedrooms when complete. One of the units has been thoughtfully designed to meet ADA requirements. The groundwork has been laid, but there's still a long way to go—this is a true project for investors, developers, or ambitious owner-occupants. Previously permitted for 4 units, the city has indicated a 5th unit may be possible, and the sheer size of the building leaves room for even more (with proper permitting). Situated on a large lot with ample parking, this property offers endless potential for someone ready to roll up their sleeves and finish what's been started. This property is best suited as a cash sale or possibly a rehab/construction loan.
Location
State VT
County Vt-rutland
Area Vt-Rutland
Zoning MR-1
Rooms
Basement Entrance Interior
Basement Unfinished
Interior
Cooling None
Exterior
Utilities Available None
Roof Type Shingle,Slate
Building
Story 2
Sewer Public
Architectural Style Multi-Family
Construction Status Existing
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