List Price: $280,000 | $118 per sq.ft. Multi Family A 2 Unit Multi Family Home
With 0 One Bedroom Units , 2 - Two Bedroom Units ,0 - Three Bedroom Units
Under Contract Date Listed Monday Aug 10, 2026 | MLS# 5104266



Address: 129 Lincoln Avenue Rutland City VT
Listed by Karen Heath Four Seasons Sotheby's Int'l Realty
Description:
An opportunity to own a well-maintained two-family home with the flexibility to accommodate multi-generational living. With proper City of Rutland approval, the property may also lend itself to conversion to a single-family residence. For nearly 50 years, this home has been cherished as a primary residence by its two most recent owners. The first-floor unit feels comfortably like a traditional home, featuring two bedrooms, a welcoming living room, separate dining room, kitchen with oak cabinetry, and a spacious entry. The second unit also offers two bedrooms, bringing the total to four bedrooms across the property. Much of the interior has been thoughtfully refurbished in recent years, including updated bathroom vanity, plaster repair and preservation, fresh paint, removal of wall-to-wall carpeting, plumbing updates, new porch supports, and numerous additional improvements. Newer mechanicals include the boiler, expansion tank, piping, and hot water heater. See the attached list of improvements for a complete overview of the work completed. What truly sets this home apart is the wealth of original early-1900s character that remains intact, including built-ins, a pocket door, detailed woodwork, crown molding, and solid wood doors. Conveniently located just around the corner from Rotary Park, offering a playground, tennis courts, and open fields for recreation. With its desirable location, flexible floor plan, historic character, and updates, this property offers a wonderful opportunity to make a well-loved home your own.
Annual Expenses

Taxes: $5,225
Income
Appliances : Owned Water Heater

UNIT 1 INFORMATION

Beds: 2
Baths: 1
Rooms: 6
Sq.Ft.: 1275
Info : Ceiling Fan,Dishwasher,Dryer,Oil Heat,Laundry Hookup,Porch,Electric Range,Refrigerator,Smoke Detector,Washer
Lease Term : Owner Occupied
Signed Lease : No
Status : Vacant

UNIT 2 INFORMATION

Beds: 2
Baths: 1
Rooms: 5
Sq.Ft.: 1090
Info : Oil Heat,Electric Range,Refrigerator
Lease Term : Owner Occupied
Signed Lease : No

Construction: Wood Frame | Vinyl Siding
Year Built: 1910
Style: Gambrel
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 3641
Above Grade Sq.Ft.: 2366
Basement: Concrete Floor | Dirt Floor | Full | Unfinished
Exterior Color: Tan
Roof: Shingle
Seasonal: No
Heating: Oil | Multi Zone | Boiler
Cooling: None
Electric: 100 Amp Service | Circuit Breaker(s)
Utilities: Cable Available
Electric Meters:
Gas_Meters: 0
Water: Metered | Public
Sewer: Metered | Public
Land Information
City Lot | Level
Lot size: 0.19 acres
Zoned: Unknown)
Surveyed: Unk
Flood Zone: No
Road Frontage: 64
Driveway: Gravel
Additional Information
Docs Available : Deed | Property Disclosure
Easement - Unknown
Row For Other Parcel: N
Taxes $5,225
Assesed Value Not Reported
Schools
Elementary School: Northwest Primary School
Middle School: Rutland Middle School
High School: Rutland Senior High School

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