18 Madison ST Under Contract

Rutland City,VT 05702-0968

$ 495000

- Bed

- Bath

2544 SqFt


Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 2,544 sqft

Price per Sqft $194

MLS Listing ID 5044012

Construction Status Existing

Year Built 1890

Annual Tax Amount $5,482

Tax Year 2024

Lot Size 8,276 Sqft

Acres 0.19

Property Description

Investors and multi-generational buyers take notice: This fully renovated, income-producing duplex in a desirable Rutland neighborhood offers the perfect blend of comfort, versatility, and strong financial returns. Just a short distance from top ski resorts and year-round outdoor attractions. The home is configured as two separate units: Main Unit: 4 Bed | 2.5 Bath – Currently a high-performing Airbnb with consistent 5-star reviews and a solid booking history throughout the recent peak season. Ideal for continued short-term rental income. Secondary Unit: 1 Bed | 1 Bath – Formerly owner-occupied, this self-contained space offers strong rental potential or serves perfectly as a guest suite or in-law apartment.The entire property was taken down to the studs and rebuilt with all-new electrical, plumbing, and HVAC systems, along with modern finishes for long-term durability and ease of maintenance. Don't miss this rare investment opportunity in Rutland, Vermont. Open House June 7th 10-12 June 8th 10-12

Location

State VT

County Vt-rutland

Area Vt-Rutland

Zoning Residential

Rooms

Basement Entrance Walkout

Basement Concrete Floor,Other,Unfinished

Interior

Cooling None

Exterior

Garage Spaces 1.0

Utilities Available Cable

Roof Type Shingle - Asphalt

Building

Story 3

Foundation Fieldstone,Stone w/ Skim Coating

Sewer Public

Architectural Style Multi-Family,New Englander

Construction Status Existing

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