OFF MARKET

Listed by Michael Gilman • Sugarhouse Real Estate. Bought with Non-NEREN Agency.

Off Market Dec 2024 for $305K

$357,206

•

4 ba

•

3,294

sq ft

50-52 Gorham Bridge Rd, Proctor, VT 05765

About this home

Rarely available, high cash flow 4plex, in the charming artisan town of Proctor, listed at close to a 10% cap, with significant upside from below market rents. This combination of value-add and high cash flow in a stunning highly sought after location is rare to find. The building has been professionally managed and renovated. The investment is projected to yield over a 11% year 1 cash on cash return based on current numbers, and cash returns can go to 21%+ per year if rents are brought to market. This allows the new owner to realize significant returns from cash flow vs speculation. This property is located within proximity to such iconic sites such as the Vermont Marble Museum, Wilson Castle, Beaver Pond, Proctor Free Library, outdoor ice-skating and roller rink, Carriage Trails, as well as the Proctor Pool. One unit has been left vacant for showings or immediate owner occupancy. Property is available as a package with another Proctor 4plex - 66-68 South St MLS#5013869. Listing Broker is a member of the LLC selling the property.

Multi-familyProperty Type

1920Year Built

0.68 acresLot Size

$108Est. Price/Sq.Ft.

Listed by Michael Gilman • Sugarhouse Real Estate

Bought with A non PrimeMLS customer • Non-NEREN Agency

Redfin checked: a few seconds ago

•Source:PrimeMLS #5013870

Redfin Estimate

$357,206

$52K since sold in December 2024$42K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 1.9% higher than the average sale price ($350K) of 6 comparable homes.

SOLD MAR 24, 2026
$735,000
A
4 beds2.5 baths3,148 sq ft
180 Grove St, Rutland, VT 05701
SOLD MAR 3, 2026
$225,100
B
5 beds2 baths2,688 sq ft
15 Shedd Pl, Rutland, VT 05701
SOLD MAR 13, 2026
$182,500
C
6 beds4 baths2,860 sq ft
75 Harrison Ave, Rutland, VT 05701
SOLD JUL 17, 2026
$349,000
D
4 beds2 baths1,828 sq ft
76 South St, Proctor, VT 05765
SOLD MAY 28, 2026
$339,000
E
3 beds2.5 baths1,898 sq ft
85 Baxter St, West Rutland, VT 05777
SOLD SEP 12, 2025
$272,000
F
5 beds2 baths2,304 sq ft
21-23 Garden St, Proctor, VT 05765

Claim this home to receive a free report every month with insights on the changing estimate.

Market trends in 05765, VT

Last updated July 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

96.6%

0.6% MoM

Median sale price

$227K

$32K MoM

Avg. days on market

81d

12 days MoM

Recently sold homes

1 MoM

New listings for sale

$375,000
3 beds2 baths1,648 sq ft
25 Center St, Proctor, VT 05765
$215,000
5 beds2.5 baths1,809 sq ft
31-33 Gorham Bridge Rd, Proctor, VT 05765
$105,000
4 beds2.5 baths1,632 sq ft
27 Meadow St, Proctor, VT 05765
$480,000
5 beds2.5 baths3,183 sq ft
61 Ormsbee Ave, Proctor, VT 05765
$329,000
4 beds2 baths1,105 sq ft
38 Olympus Rd, Proctor, VT 05765
See all

Provided by Redfin

Sale history for 50-52 Gorham Bridge Rd

Date

Event

Price

PrimeMLS #5013870

Dec 31, 2024

Sold

$305,000

$93/sq ft

Oct 1, 2024

Pending

—

Sep 11, 2024

Listed

$325,000

$99/sq ft

PrimeMLS #4726478

Jun 10, 2019

Sold

$100,000

$30/sq ft

Nov 5, 2018

Pending

—

Nov 2, 2018

Listed

$119,000

$36/sq ft

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (2-4 Unit)

County

Rutland County

APN

498-157-10493

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 11, 2024.

RES

Residential District

The residential district in Proctor includes the village and a series of streets lined with mostly historic homes form a radial pattern in each direction off the village center, mostly served by the municipal water and sewer system. The residential district’s compact development pattern and municipal infrastructure make it the most suitable area for future development where space is available.

Permitted uses

Include but are not limited to:

Religious facility
Housing-Group
Housing-Single unit
Housing-Multiple units

Property details

Interior

Basement Information
Basement: Yes
Basement Access: Walkout

Multi-Unit Information
Total Units: 4
# of 1 Bedroom Units: 3
# of 2 Bedroom Units: 1
Sewer: Public
Electric: Circuit Breaker(s)
Foundation: Stone
Roof: Shingle - Asphalt
Driveway: Gravel
Heating: Baseboard
Cooling: None
Basement Description: Unfinished

Unit 1 Information
Unit 1 Baths: 1
Unit 1 Bedrooms: 1

Unit 2 Information
Unit 2 Baths: 1
Unit 2 Bedrooms: 1

Unit 3 Information
Unit 3 Baths: 1
Unit 3 Bedrooms: 2

Unit 4 Information
Unit 4 Baths: 1
Unit 4 Bedrooms: 1

Exterior

Building Information
Architectural Style: Multi-Family
Construction Status: Existing
Construction Materials: Wood Frame
Approximate Sq. Ft. Total Finished: 3294
Approximate Sq. Ft. Total: 4878

Lot, Zoning, & Easement Information
Lot Features: View

Survey Information
Surveyed: Unknown

Other Property & Lot Information
Year Built: 1920

Financial

Tax Information
Tax Year: 2023
Gross Amount Tax: 3669.74
SPAN Number: 49815710493

Other Tax Information
Page Deed: 45

Utilities

Water Information
Water Source: Public

Other Utilities Information
Internet: Internet - Cable
Cable

Location

Road Information
Road Frontage: TBD

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Rutland County
APN: 498-157-10493

Home facts updated by county records on Sep 11, 2024

Other

Misc. Information
Seasonal: Unknown

Around this home

Schools

Proctor Elementary School

Public PreK-6 • Assigned • 0.7mi

4/10

Proctor Junior/Senior High School

Public 7-12 • Assigned • 1.3mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

8 days above 93° expected this year, 18 days in 30 years

2/10 Wind Factor

4% chance of strong winds in next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Proctor, VT • 05765

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.7 hours in June and 3.2 hours in December, placing it below the U.S. average for solar exposure.

8.7 hrs

3.2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$340,000 – $411,000

Sell confidently with a local market expert in Proctor. 3 minutes to get started.

Nearby similar homes

$299,000

4 beds4 baths2,570 sq ft

3880 US Rte 7, Pittsford, VT 05733

$299,000

5 beds4 baths3,558 sq ft

33 Summer St, Rutland, VT 05701

$949,000

4 beds3.5 baths3,380 sq ft

243 Cricket Hill Rd, Killington, VT 05751

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1963 Forest Dale Rd, Brandon, VT 05733

$225,000

4 beds2 baths2,474 sq ft

31 Baxter St, Rutland, VT 05701

$450,000

— beds3 baths2,769 sq ft

350 Main St, Castleton, VT 05735

New listings for sale in 05765

$375,000

3 beds2 baths1,648 sq ft

25 Center St, Proctor, VT 05765

$215,000

5 beds2.5 baths1,809 sq ft

31-33 Gorham Bridge Rd, Proctor, VT 05765

$105,000

4 beds2.5 baths1,632 sq ft

27 Meadow St, Proctor, VT 05765

$480,000

5 beds2.5 baths3,183 sq ft

61 Ormsbee Ave, Proctor, VT 05765

$329,000

4 beds2 baths1,105 sq ft

38 Olympus Rd, Proctor, VT 05765

Home values near 50-52 Gorham Bridge Rd

Data from public records.

Address	Redfin Estimate
68 Gorham Bridge Road, Proctor, VT 3 Beds \| 2 Baths \| 2000 Sq. Ft.	$327,933
55 Gorham Bridge Road, Proctor, VT 3 Beds \| 1.5 Baths \| 1609 Sq. Ft.	$232,418

Address	Redfin Estimate
61 Gorham Bridge Road, Proctor, VT 4 Beds \| 2 Baths \| 1758 Sq. Ft.	$281,173
31 Gorham Bridge Road, Proctor, VT - Beds \| 3 Baths \| 2044 Sq. Ft.	$205,067

Address	Redfin Estimate
46 Gorham Bridge Road, Proctor, VT 3 Beds \| 2 Baths \| 1456 Sq. Ft.	$266,179
41 Gorham Bridge Road, Proctor, VT 4 Beds \| 1.5 Baths \| 1880 Sq. Ft.	$253,672

Property information provided by PrimeMLS when last listed in 2024. This data may not match . Learn more.

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