45 Park Street, Rutland City, VT 05701
Rutland County
Key Facts
Presented by: Karen Heath
Description
NEW PRICE $300K A rare opportunity to own a historic 157-year-old property situated on 4.48 acres in Rutland City. Rich in character and history, this spacious residence offers the charm and architectural appeal of a bygone era while benefiting from valuable Industrial zoning, creating unique possibilities for investment, redevelopment, or business use (subject to City approvals and permitted uses). The home, constructed in 1869, features a total of fourteen rooms. The first level includes two bedrooms, one bath, a kitchen, living room, and dining room. The second level offers four bedrooms, one bath, a kitchenette, dining room, and two other rooms. Enclosed porches on both levels. A detached classic carriage barn with workshop space and a second floor adds versatility for storage, or future use. The expansive 4.48-acre parcel provides open space, and room for future planning, all while enjoying a convenient city location with easy access to downtown, major roadways, and employment centers. The property retains much of its original character but will require a complete remodel and updating. Interior components are dated, and buyers should be aware of known conditions affecting the property, including knob-and-tube wiring, insulated piping in the basement, and evidence of prior ceiling leaks. Buyers are encouraged to conduct their own inspections and due diligence regarding the property's condition. Located within an Industrial zoning district, the property offers substantial potential beyond its current residential use. Buyers are strongly encouraged to consult with the City of Rutland Planning & Zoning Department regarding permitted and conditional uses.This property is being conveyed in as-is condition, including all remaining contents. Whether you're seeking a distinctive historic home, a live/work opportunity, or a property with outstanding long-term redevelopment potential, this offering presents a rare combination of history, acreage and future possibilities.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
New Englander
Year Built
1869
Stories
2
Living Area
4,070 sq ft
Lot Size
4.48 acres
Zoning
Industrial
Days on Market
20
MLS® Listing#
5097658
Property Features
Appliances
Cooling
Heating
Flooring
Basement
Parking
Patio
Lot Features
Construction
Foundation
Roof
Other Structures
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$5,203
Tax year 2025
Affordability Calculator
$60,000
Estimated monthly payment
$1,597/mo
Principal $240,000 · Est. interest $334,821 over 30 yrs
Location
Points of Interest in Rutland City, VT
Showing the Rutland City area map.
Nearby Schools
West Rutland School District
School · 0.5 mi away
Christ the King School
School · 0.6 mi away
Success School
School · 0.8 mi away
Care-A-Lot Preschool
School · 0.9 mi away
Rutland Intermediate School
Elementary · 1.2 mi away
Rutland Middle School
Secondary · 1.2 mi away
Northwest Primary School
Elementary · 1.4 mi away
Rutland Area Christian School
School · 1.4 mi away
Northeast Primary School
Elementary · 1.6 mi away
Stafford Technical Center
Secondary · 1.7 mi away
Rutland High School
Secondary · 1.8 mi away
Clarendon Elementary School
Elementary · 2.3 mi away
Rutland Town School
Elementary · 3.0 mi away
Mill River Union High School
Secondary · 3.3 mi away
West Rutland School
School · 3.9 mi away
Proctor Junior/Senior High School
Secondary · 4.9 mi away
Sugarwood School
School · 4.9 mi away
Proctor Elementary School
Elementary · 5.6 mi away
Barstow Memorial School
Elementary · 7.3 mi away
Lothrop School
Elementary · 7.9 mi away
Commute Calculator
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|---|---|---|---|---|
| 99-101 Maple Avenue, Barre City, VT | $219,000 | 5 | 2 | 1,251 |
| 99-101 Maple Avenue, Barre City, VT | $219,000 | 5 | 2 | 1,251 |
| 99-101 Maple Avenue, Barre City, VT | $225,000 | 5 | 2 | 1,251 |
| 31 Granite Street, Barre City, VT | $225,000 | 5 | 2 | 2,548 |
| 99-101 Maple Avenue, Barre City, VT | $225,000 | 5 | 2 | 1,251 |
| 32 Jefferson Street, Barre City, VT | $234,000 | 9 | 4 | 4,026 |
Moving Cost Estimate
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