Discover a true unicorn investment property in the heart of Rutland! 120 Maple Street has been completely re-imagined and rebuilt from the studs up, delivering a turn-key, worry-free opportunity for investors and owner-occupants alike. This fully renovated five-unit property features four spacious 2-bedroom apartments and one 1-bedroom apartment, each designed with modern finishes, abundant natural light, and thoughtfully upgraded layouts. Every aspect of the building is brand new, including all mechanicals, electrical, plumbing, heating systems, and interiors, ensuring long-term durability and low operating costs for years to come. Three of the five units have rent restrictions tied to HUD Fair Market Rent Rates for 5 years, due to grant funds received to renovate the property. Located in a strong rental market with high demand for quality housing, this property offers a rare blend of stability and upside.
Construction: Wood Frame | Clapboard Exterior
Year Built: 1860
Style: Multi-Family
Floors | Stories: 2.5
No. Elevators:
Total Sq.Ft. Finished: 8720
Above Grade Sq.Ft.: 3600
Basement: Bulkhead | Gravel | Insulated
Roof: Asphalt Shingle | Slate
Seasonal: No
Heating: Propane
Cooling: None
Electric: Other
Utilities: Cable
Electric Meters: 6
Gas_Meters: 1
Water: Public
Sewer: Public
Land Information
City Lot
Lot size: 0.22 acres
Zoned: MR-1)
Surveyed: Unk
Flood Zone: No
Road Frontage: 75
Driveway: Gravel