List Price: $225,000 | $109 per sq.ft. Multi Family A 2 Unit Multi Family Home
With 0 One Bedroom Units , 0 - Two Bedroom Units ,2 - Three Bedroom Units
Date Listed Wednesday Aug 19, 2026 | MLS# 5105676
With 0 One Bedroom Units , 0 - Two Bedroom Units ,2 - Three Bedroom Units
Date Listed Wednesday Aug 19, 2026 | MLS# 5105676
work shop in the shed
To see this Listing
Address: 84 Granger Street Rutland City VT
Listed by Mike Kalil Watson Realty & Associates
Description:
Spacious Two Family Home with Large Barn, Updated Systems & Excellent Investment Potential Welcome to this spacious and well-maintained two family home situated on a level, fully fenced lot in a desirable section of town. The property offers an excellent combination of comfortable living space, rental income potential, and valuable additional space for a garage, workshop, office, or business use. Each unit features three bedrooms, and both units are currently occupied by long-term tenants. The rents are well below current market rates, providing a significant opportunity for a new owner to increase rental income over time. The home has separate heating systems, pex & copper 100% redone, along with two fairly new oil tanks. The owner currently pays for heat, and the heating expense is included in the property's operating expenses. The plumbing has been substantially updated, with PVC plumbing throughout all of the property, including the main water line to the house. Each apartment has its own 100 amp electrical service, while the large barn/workshop is equipped with an impressive 200 amp electrical service. the electrical system has also been updated, including hardwired smoke detectors The property also offers flexibility for an owner occupant or investor. With the existing layout and utilities, there may be an opportunity to reconfigure the property so that one unit is used primarily by the owner. One of the property's standout features is the huge barn, currently used by the owner as a garage, office, and workshop. It provides an exceptional amount of additional space for vehicles, equipment, storage, hobbies, or a potential home-based business. The location is another major advantage conveniently close to shopping, restaurants, services, and other everyday amenities, while being situated in a very nice section of town. Whether you're looking to live in one unit and have the other help pay your mortgage, or you're seeking an investment property Operating Expenses : Heat,Insurance,Maintenance,Other,Snow Removal,Trash,Water/Sewer
Annual Expenses
Taxes: $4,223
Taxes: $4,223
Income
Gross Income | $28,800
NetIncome | $17,227
Gross Income | $28,800
NetIncome | $17,227
UNIT 1 INFORMATION
Beds: 3
Baths: 1
Rooms: 0
Sq.Ft.: 1000
Level: 1
Rent : 1225.00 Monthly
Signed Lease : Yes
Status : Month to Month
UNIT 2 INFORMATION
Beds: 3
Baths: 1
Rooms: 0
Sq.Ft.: 1000
Level: 2
Rent : 1175.00 Monthly
Signed Lease : Yes
Construction: Wood Frame
Year Built: 1900
Style: Duplex | Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 3060
Above Grade Sq.Ft.: 2060
Basement: Unfinished
Year Built: 1900
Style: Duplex | Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 3060
Above Grade Sq.Ft.: 2060
Basement: Unfinished
Roof: Asphalt Shingle
Seasonal: No
Seasonal: No
Heating: Baseboard
Cooling: None
Electric: 100 Amp Service | 200+ Amp Service
Utilities: Cable Available | Phone
Electric Meters:
Water: Public
Sewer: Public
Cooling: None
Electric: 100 Amp Service | 200+ Amp Service
Utilities: Cable Available | Phone
Electric Meters:
Water: Public
Sewer: Public
Land Information
City Lot | Field/Pasture | Level
Lot size: 0.34 acres
Zoned: Residential)
Surveyed: Unk
Flood Zone: No
Road Frontage: 70
Driveway: Gravel
City Lot | Field/Pasture | Level
Lot size: 0.34 acres
Zoned: Residential)
Surveyed: Unk
Flood Zone: No
Road Frontage: 70
Driveway: Gravel
Additional Information
Taxes $4,223
Assesed Value Not Reported
Taxes $4,223
Assesed Value Not Reported
Schools
School District: Rutland City School District
High School: Rutland Senior High School
School District: Rutland City School District
High School: Rutland Senior High School
