118 Barnes Street, West Rutland, VT 05777

• 2 baths |
• 3,719 sqft

Property Description

Well-maintained 3-unit multifamily property offering immediate income with upside potential. The building includes a 2-bedroom, 1.5-bath unit, a 1-bedroom, 1-bath unit, and an efficiency studio apartment. Two units are currently leased, providing steady rental income, while the 2-bedroom unit is owner-occupied and will be delivered vacant at closing. This setup offers flexibility for investors seeking a mix of stability and opportunity. Current rental rates appear to be below market, offering potential for increased income. A new owner can choose to lease the vacant unit for full income production or occupy the space while benefiting from rental income from the other units. The property has been well cared for and is already operating as a functional multi-unit, allowing for a smooth transition. Conveniently located near local amenities, this is a strong opportunity for investors looking to add a performing asset with room for growth.

Listing Status:

Active

Date Added:

April 10, 2026

Data Last Updated:

May 25, 2026 at 7:58AM

Listing Office:

Wohler Realty Group : 802-297-3333

Listing Agent:

Trent K Stephens : : TrentStephens@WohlerRealtyGroup.com

MLS ID:

5083117

Interior

• Basement: Unfinished
• A/C: None
• Heating: OilBaseboard

Exterior

• Style: Multi-Family

Construction

• Roofing: Slate
• General: Wood FrameClapboard ExteriorConcrete

Location

• Road/Access: PavedPublic
• County: Rutland

Lot

• Driveway: Gravel
• Zoning: Residential

Utilities

• Utilities: Cable AvailableTelephone Available
• Water: Public
• Sewer: Public