$475,000

121 State St Rutland City, VT 05701

3,405 sqft
0.2 acres
$140 / sqft
Land

Property details

About 121 State St

Investors take notice, this newly renovated multi family located in walking distance to downtown and shopping, generates over $82K a year in gross income with expenses just under $30K a year which includes, Heat, water & sewer, management , Taxes and insurance. Cap rate is just over 10% at the asking price.

Highlights

Home typeOther
HeatingOil, Baseboard
StatusActive
Size3,405 sqft
BasementYes
Lot size0.21 Acres
Year built1900
MLS #5027558

Summary

  • MLS Number: 5027558
  • Office Name: Watson Realty & Associates
  • Office Phone: (802) 773-3500
  • Office Email: nancyg.vthomes@gmail.com
  • Listing Agent: Miffy Liao

IDX© Copyright 2025 PrimeMLS, Inc. All rights reserved. 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 PrimeMLS. 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.

Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 12:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

caption unavailable

$475,000

121 State St

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

2

Rutland Intermediate School

Public District 3-6

0.4 mi

63-65 Library Avenue

3

Clarendon Elementary School

Public District PK-6

3.3 mi

84 Grange Hall Rd

7

Lothrop Elementary School

Public District PK-6

6.9 mi

3447 US Route 7

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $31,711. The majority of Rutland City, VT residents have income less than $<35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

56%
<35k
42%
35k-100k
1%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

50%
Single, No Kids
27%
Single, with Kids
14%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
7%
12-17 yrs old
27%
18-34 yrs old
40%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Pro BoxingPro Boxing
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Burger KingBurger King
  • PopeyesPopeyes
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • BuickBuick
  • DodgeDodge
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 121 State St

This home is located at 121 State St in Rutland City, VT and zip code 05701. This 3,405 square foot home, which was built in 1900, sits on a 0.21 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 24, 2025 and is currently priced at $475,000.

In February 2025 in Rutland City, VT there were 41.9% more homes for sale than in January. Listings spent 86 days on the market in February 2025, and had a median list price of $367,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More resources