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Josh Gray

hello@joshgray.realtor +1(979) 450-9442

Listed by Mark E Triller • Real Broker LLC

$449,000

Est. payment - /mo

8 Beds

5 Baths

4,460 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 4,460 sqft

Price per Sqft $100

MLS Listing ID 5080310

Bedrooms 8

Full Baths 5

Construction Status Existing

Year Built 1880

Annual Tax Amount $6,757

Tax Year 2025

Lot Size 10,454 Sqft

Acres 0.24

Property Description

A RARE TWO-BUILDING INVESTMENT & LIFESTYLE OPPORTUNITY IN THE HEART OF RUTLAND! Situated on a single .24-acre city lot, 2 Jackson Avenue and 94 South Main Street, being sold together, offer a unique blend of strong income potential and flexible living options. Whether you're an investor seeking solid cash flow, an owner-occupant looking to offset your mortgage, or someone dreaming of a seasonal Vermont retreat with income in place—this property delivers. The fully renovated single-family home at 94 South Main Street features 4 bedrooms and 2 baths with extensive updates including windows, doors, kitchen, bath, flooring, and appliances. The adjacent multi-family at 2 Jackson Avenue offers three recently renovated apartments with updated finishes throughout. With tenants in the single family property paying all utilities—including heat, electric, water/sewer, and internet—overall expenses stay low and returns stay strong, currently generating $47,599 in net income. Major capital improvements for added peace of mind include newer: roofs (2018), boilers (2019), oil tanks (2019), updated windows (2018–2020), plus added gutters and a replaced deck. Live in one unit and let the others pay your way, or enjoy a seasonal getaway while your investment works year-round. Conveniently located just minutes to Rutland Regional Medical Center, downtown dining, shopping, and only blocks to White's Pool and Recreation Park. Also only minutes from world class skiing at Killington/Pico Resorts. Burlington and Albany Airports are less than 2hours away. Turnkey, well-maintained, and income-producing—this is Vermont living with built-in financial upside.

Location

State VT

County Vt-rutland

Area Vt-Rutland

Zoning RESD 1

Rooms

Basement Entrance Walk-up

Basement Concrete Floor, Gravel, Interior Stairs, Storage Space, Unfinished

Interior

Cooling None

Flooring Carpet, Combination, Hardwood, Laminate, Vinyl Plank

Exterior

Utilities Available Cable Available, Telephone Available

Roof Type Shingle

Building

Story 2

Sewer Public

Architectural Style Farmhouse, Multi-Family

Construction Status Existing

Schools

Elementary Schools Rutland Northeast Primary Sch

Middle Schools Rutland Intermediate School

High Schools Rutland Senior High School

School District Rutland City School District

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Josh Gray

+1(979) 450-9442

Agent | License ID: 067254, 080080, 082.0135079

Agent License ID: 067254, 080080, 082.0135079

2 Jackson Ave & 94 South Main ST Rutland City, VT 05701

Josh Gray

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Nearby Locations

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