Three great Buildings with huge net income potential! This smart investment includes five total units, four of them being two-bedroom units and the fifth being a single bedroom upstairs unit above the converted barn. The first floor of the barn could be used for storage or a workshop. Yearly gross income potential is $93,600 with slight rent increases. Recent upgrades include a new boiler system in the barn apartment, exterior painting and contractor capital improvements totaling more than $73,000. Showings to begin on (4/19).

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Tax Information

Tax Year2025

Building

Year Built1884
ConstructionWood Frame, Wood Exterior
FoundationFieldstone
Square Feet4,774
BasementConcrete Floor

Exterior

RoofSlate

Utilities

Heating CoolingBaseboard, Oil

Legal

Taxes$9,809.72
OtherStructuresBarn
Zoningresidential

Basic Information

StatusACT
Modification Date05/06/2025
TypeMulti-Family
List Price$595,000
Broker NameWatson Realty & Associates
Listing Agent NameMax Walker
Lister Office NameWatson Realty & Associates
MLS Number5036400
MLS StatusActive

Amenities

PricePerSqFt124.63

Other

Date Listed04/15/2025
View Count1

Location

Building Number100-102
StreetGibson Avenue
TownRutland City
StateVT
Zip05701
CountyRutland
Address100-102 Gibson Avenue

Property

Acreage0.9
Parking Spaces
Property TypeCommercial Sale
AreaVT-Rutland
Lot Sqft39,204

Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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. Data last updated May 13, 2025 8:24 AM EDT

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100-102 Gibson AvenueRutland City, VT 05701MLS Number 5036400

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