Listed by Hughes Group Team • Casella Real Estate. Bought with EXP Realty.
Off market dec 2021 for $125K
$217,531
Est. refi paymentEst. refi$815/mo
6
bd
•
3 ba
•
1,904
sq ft
40 Smith St, West Rutland, VT 05777
About this home
Spacious Two unit that offers three bedrooms in each apartment with one apartment having two bathrooms. With over a 9 percent cap rate this may be the investment you have been looking for. The location is perfect for walking to school or downtown shopping. The back yard is spacious and has an oversized detached garage for cars or toys. Tenants pay electric and cable with everything else included in their rent.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
6
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
10,454 Sq. Ft.
Year renovated
—
Sq. Ft.
1,904
Year built
1900
Style
Multi-Family (2-4 Unit)
County
Rutland County
APN
73523410403
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 23, 2026.
VILLAGE RESIDENTIAL
Village Residential District
To maintain the economic vitality and compatible mix of residential and commercial uses at the center of the community as well as preserve the historic integrity of the village.
Property details
Parking
Parking & Garage
Garage Capacity: 2
Location: Detached
Interior
Virtual Tour
Basement Information
Basement: Yes
Basement Access: Walkout
Multi-Unit Information
Total Units: 2
# of 3+ Bedroom Units: 2
# of Baths (full): 3
Exterior Features: Porch
Water: Public
Sewer: Public
Electric: 100 Amp
Construction: Wood Frame
Foundation: Concrete, Marble
Exterior: Wood Siding
Roof: Shingle - Asphalt, Slate
Driveway: Gravel
Heating: Baseboard, Hot Water
Heat Fuel: Oil
Cooling: None
Flooring: Carpet, Vinyl
Water Heater: Electric
Basement Description: Full
Unit 1 Information
Unit 1 Baths: 2
Unit 1 Bedrooms: 3
Unit 1 Level Number: 2
Unit 1 Rooms: 5
Unit 1 Style: upper apartment
Unit 2 Information
Unit 2 Baths: 1
Unit 2 Bedrooms: 3
Unit 2 Level Number: 1
Unit 2 Rooms: 6
Unit 2 Style: downstairs apartment
Exterior
Building Information
Construction Status: Existing
Approximate Sq. Ft. Total Finished: 1904
Approximate Sq. Ft. Total: 2854
Color: White
Lot, Zoning, & Easement Information
Level
Income Information
Net Income: $14,338
Survey Information
Surveyed: Unknown
Other Property & Lot Information
Year Built: 1900
Financial
Tax Information
Tax Year: 2021
Gross Amount Tax: 2602.6
SPAN Number: 735-234-10403
Other Tax Information
Page Deed: 511-513
Utilities
Other Utilities Information
High Speed Intrnt -Avail, Telephone Available
Location
Road Information
Road Frontage: Yes
Road Frontage Length: 62
Paved, Public
Other Location Information
Directions: Route 4A to Barnes Street to Smith Street, #40 see sign on left
Public facts
Beds: 6
Baths: 3.0
Sq. Ft.: 1,904
Stories: 2.0
Lot Size: 10,454 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1900
Year Renovated: —
County: Rutland County
APN: 73523410403
Home facts updated by county records on Oct 23, 2026
Other
Expense Information
Net Income: 14338
Around this home
Schools
K - 12
Preschool & daycare
West Rutland School
Public PreK-12 • Assigned • 0.2mi
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 91° expected this year, 19 days in 30 years
2/10 Wind Factor
3% 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
West Rutland, VT • 05777
Average low and high temperatures (°F)
27
13
30
11
46
26
58
36
64
46
77
56
81
60
79
54
73
48
60
39
46
31
32
17
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.6 hours in
June and 3.2 hours in December, placing it below the
U.S. average for solar exposure.
8.6 hrs
3.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$207,000 – $251,000
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