121 River Street (Off Market)

For Rent, USD 225,000


121 River Street,

Property Type : Multi-Family Home

Property Style : N/A

Build Size : 2,622 ft² / 244 m²

Land Size : N/A

Bedroom : 0

Bathroom : 0

Half Bathroom : 0

MLS#: 5062823


Property Description

Check out this solid income-generating opportunity featuring three distinct rental units that offer both stability and excellent long-term investment potential. The front of the property is configured as a classic two-family, with the first-floor apartment and a second-floor unit accessed via a shared stairwelleach offering functional layouts that cater to tenant comfort and convenience. Tucked away at the back of the property is a unique studio apartment with a lofted bedroom, adding variety to the unit mix and broadening the appeal for a range of renters. Fully occupied and generating steady rental income, this multifamily asset is ready to deliver returns from day one. Recent improvements enhance both value and peace of mind, including: numerous vinyl replacement windows, refurbished front deck, two brand-new oil tanks, new (partial) poured concrete foundation wall. Additional thoughtful updates to boost safety, curb appeal, and long-term durability. Located just a short distance from Meadow Street Park, downtown Rutland, shopping, and community amenities, the property benefits from a prime, tenant-friendly location in a market known for its consistent rental demand. Combining reliable occupancy, recent upgrades, and a flexible layout with multiple income streams, this property is a smart, well-rounded addition to any investors portfolio.
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121 River Street, United States,Vermont,Rutland is a 2,622ft² Rutland luxury Multi-Family Home listed for rent USD 225,000. This high end Rutland Multi-Family Home is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Rutland or search for luxury properties for rent in Rutland.