1 Nickwackett Street, Rutland, VT 05701

Rutland
Local realty services provided by:ERA Key Realty Services
1 Nickwackett Street,Rutland City, VT 05701
$589,000
  • 11 Beds
  • - Baths
  • 4,959 sq. ft.
  • Multi-family
  • Active
Listed by: erin shimpPhone: 802-345-3913
Office: engel & volkers okemo
MLS#:5076867
Source:PrimeMLS

Price summary

  • Price:$589,000
  • Price per sq. ft.:$87.9

About this home

Located in the heart of Historic Rutland City, this fully renovated and income-producing triplex offers a rare turnkey investment opportunity. Featuring 11 bedrooms and 6 full bathrooms, the property is configured for high-efficiency, dormitory-style living and comfortably accommodates up to 20 occupants. The building has been thoughtfully updated and styled for function, durability, and long-term performance. Recent improvements include reconfigured layout including electrical, plumbing/ heating systems; with newly renovated bathrooms, new laminate flooring/ carpet throughout, new stainless steel appliances, and brand-new 2 coin-operated laundry facilities. All furnishings convey with the sale, allowing for a seamless transition and continued revenue from day one. Currently operating with rental contracts with steady year-over-year income in place, this property provides immediate cash flow and stability for investors. The layout and capacity make it ideal for workforce housing,...

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Home facts

  • Year built:1900
  • Listing ID #:5076867
  • Added:44 day(s) ago
  • Updated:April 03, 2026 at 10:33 AM

Rooms and interior

  • Bedrooms:11
  • Flooring:Carpet, Laminate, Tile
  • Basement Description:Partial, Walkout
  • Living area:4,959 sq. ft.

Heating and cooling

  • Cooling:Wall AC
  • Heating:Baseboard

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1900
  • Building area:4,959 sq. ft.
  • Lot area:0.14 Acres
  • Levels:2 Story

Utilities

  • Sewer:Public Available

Finances and disclosures

  • Price:$589,000
  • Price per sq. ft.:$87.9
  • Tax amount:$5,949 (2026)

Features and amenities

  • Amenities:Underground

Parking

  • Parking description:Dirt Driveway
MLS LogoCopyright 2026 Prime MLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Prime MLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated April 3, 2026

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