168 N.Main Street, Rutland City, VT 05701
VT-Rutland County
Key Facts
Description
Investment opportunity with outstanding Route 7 North visibility and commercial zoning that opens the door to a wide variety of uses. This turnkey, income-producing property offers over 3,000 square feet of beautifully renovated space and includes a one-bedroom apartment that is currently leased to a long-term tenant for $1,060 per month, providing reliable year-round income. The spacious main residence features four bedrooms and four and a half baths and has operated as a highly successful Airbnb for the owners over the past several years. The property is also currently booked with seasonal renters from December 1 through March 31, offering immediate income to the next owner. Renovated from top to bottom in 2006, this impressive building was updated with quality furnishings, modern utilities, plumbing, insulation, wiring, oil furnace, central air, appliances, and an attractive interior highlighted by a cozy fireplace. Formerly a successful salon, the property offers exceptional flexibility for continued short-term rental use, an owner-occupied business, or a variety of commercial ventures. A large rear storage shed, abundant paved parking, and the fact that the property is being offered fully furnished make this a truly turnkey investment. Fantastic location just minutes to Killington Resort, pristine lakes, and an active downtown featuring Paramount Theatre, outstanding restaurants, farmers markets, and year-round events. Experience the very best of Vermont and Live Vermont!
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Style
New Englander
Year Built
1886
Stories
1
Living Area
4,408 sq ft
Lot Size
0.32 acres
Zoning
commercial
Days on Market
7
MLS® Listing#
5088308
Property Features
Cooling
Heating
Flooring
Basement
Parking
Construction
Roof
Utilities
Sewer
Water Source
Schools
- Elementary:
- Rutland Northeast Primary Sch
- Middle:
- Rutland Middle School
- High:
- Rutland Senior High School
- District:
- Rutland City School District
Financial Details
Annual Taxes
$10,659
Tax year 2026
Affordability Calculator
$110,000
Estimated monthly payment
$2,927/mo
Principal $440,000 · Est. interest $613,839 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Rutland City, VT
- $307,831
- Median Listing Price
- 75
- Median Days on Market
- 1,906
- Median Sq Ft
- $161
- Median Price / Sq Ft
- 281
- Active Listings
- This home’s price is 79% above the area median.
- Its price per sq ft is 22% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Rutland City, VT.
Location
Points of Interest in Rutland City, VT
Showing the Rutland City area map.
Nearby Schools
Rutland Area Christian School
School · 0.3 mi away
Rutland Intermediate School
Elementary · 0.6 mi away
Rutland Middle School
Secondary · 0.6 mi away
Northeast Primary School
Elementary · 0.6 mi away
Care-A-Lot Preschool
School · 0.8 mi away
Stafford Technical Center
Secondary · 0.9 mi away
Rutland High School
Secondary · 1.0 mi away
Northwest Primary School
Elementary · 1.0 mi away
Christ the King School
School · 1.1 mi away
Rutland Town School
Elementary · 1.4 mi away
Success School
School · 1.6 mi away
West Rutland School District
School · 2.1 mi away
Sugarwood School
School · 3.3 mi away
Proctor Junior/Senior High School
Secondary · 3.6 mi away
Clarendon Elementary School
Elementary · 4.0 mi away
West Rutland School
School · 4.2 mi away
Proctor Elementary School
Elementary · 4.3 mi away
Mill River Union High School
Secondary · 4.9 mi away
Barstow Memorial School
Elementary · 5.7 mi away
Lothrop School
Elementary · 6.3 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 13 Kendall Avenue, Rutland City, VT | $385,000 | 4 | 2 | 2,316 |
| 18 Diamond Street, St. Albans City, VT | $385,000 | 5 | 2 | 2,225 |
| 222 South Main Street, Barre City, VT | $388,500 | 5 | 3 | 2,991 |
| 41 Jacques Street, Barre City, VT | $391,500 | 4 | 2 | 3,343 |
| 25 Laverne Drive, Rutland City, VT | $399,000 | 4 | 3 | 2,514 |
| 41 Jacques Street, Barre City, VT | $399,000 | 4 | 2 | 3,343 |
