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72 Plain Street, Rutland City, VT, 05701 | $495,000
Solid investment opportunity meets modern living in this completely updated 4 UNIT MULTIFAMLIY property that's ready to generate income from day one. This impressive 4 unit offers- (two) 2 bedrooms and (two) 1 bedrooms apartments each with their own washer/dryer in units. Every major system has been upgraded for worry-free ownership—think brand new wiring, fresh plumbing throughout, and crisp new vinyl siding that provides both amazing curb appeal and low maintenance for years to come. Each unit has been beautifully renovated and comes equipped with its own washer and dryer, a feature tenants absolutely love and will pay premium rents to enjoy. With heat included in the rental packages, you'll attract long-term residents who appreciate the value and convenience this property delivers. The generous lot size provides ample outdoor space, including a charming picnic area perfect for tenants to enjoy Vermont's gorgeous seasons. An abundance of parking ensures residents never have to hunt for a spot after a long day. The location adds significant value. Residents enjoy walkable access to Market 32 for grocery runs, while Marble Valley Regional Transit make commuting a breeze. Rutland Regional Medical Center sits nearby for peace of mind, and adventure seekers will love the proximity to Killington Ski Area—a major draw for winter enthusiasts. *Also being sold as a package deal with SF MLS# 5074135 for $1, 100, 000.
Features
- Bedrooms: 6
- Baths: 4 full
- Units: 4
- Style: Colonial
- Year Built: 1880
- Heating: Oil,Baseboard,Hot Water
- Cooling: None
- Basement: Bulkhead,Dirt Floor,Full,Gravel,Insulated,Interior Stairs,Unfinished,Exterior Access
- Approx Sq. Feet: 2,504
- Acreage: 0.34
- Est. Taxes: $6,329
- Lot Desc: City Lot,Mountain View,Near Shopping,Near Skiing,Near Public Transportatn,Near Hospital
- Elem. School: Rutland Northeast Primary Sch
- Middle School: Rutland Middle School
- High School: Rutland Senior High School
- MLS#: 5074253
- Website: https://www.raveis.com
/prop/5074253/72plainstreet_rutlandcity_vt?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 3/15/2026Listing courtesy of Watson Realty & Associates Phone: 802-773-3500
Listing Agent: Nancy Greenwood
William Raveis Family of Services
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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
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- Provides a guaranteed closing date that meets your needs
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Joel FanjoyRegional SVP Insurance Sales, William Raveis Insurance
617.320.5687
Joel.Fanjoy@raveis.com
Our Insurance Division:
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
72 Plain Street, Rutland City, VT, 05701
$495,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $396,000 | $396,000 | $396,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.419% | 5.668% |
| Monthly Tax Payment | $527 | $527 | $527 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,342 | $2,438 | $3,209 |
| Total Monthly Payment | $2,944 | $3,040 | $3,811 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484