107 Franklin Street, Rutland, VT, 05701
About This Home
One of Rutland's most unique properties, in a very convenient location within an easy walking distance to downtown. Creatively designed and meticulously cared for, there is more to see than meets the eye. Close to skiing, golf, lakes and other recreation such as the renowned Pine Hill Bike Trail system. Owned and occupied for decades by a local professional who not only lived in the gorgeous owner's unit, but ran her business from there as well. Current Pro-Forma reflects over $52K in annual net income. Projections including owner's unit rent supports a very strong return. Must be seen to be truly appreciated.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 2014
Materials
- Foundation: Concrete,Stone
- Roof: Metal
- Construction materials: Wood Frame,Clapboard Exterior,Wood Exterior
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Gas Water Heater,Propane Water Heater,Owned Water Heater
Basement
- Has basement: Yes
- Basement: Full,Interior Stairs,Storage Space,Exterior Entry,Interior Entry
Bedrooms & Bathrooms
- Full bathrooms: 5
Features
- Flooring: Carpet,Ceramic Tile,Hardwood
- Finished area below ground: 0
- Finished area above ground: 4,329
Heating & Cooling
- Heating features: Propane,Electric
- Cooling features: Wall Unit(s)
Interior Area
- Total structure area: 6,873
- Total interior livable area: 4,329 sqft
Property
Details
- Parcel number: 54017012271
- Zoning description: Resd. 1
Features
- Levels: Two
- Has view: Yes
- View description: Mountain(s)
- Frontage length: Road frontage: 50
Lot
- Lot size: 6,534 sqft
- Features: City Lot,Curbing,Level,Rental Complex,Sidewalks,Street Lights,In Town,Near Country Club,Near Shopping,Near Skiing,Near Snowmobile Trails,Neighborhood,Near Public Transit,Near Hospital,Near School(s)
Parking
- Parking features: Paved,Direct Entry,Off Street,On Site,Parking Spaces 1 - 10
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Lightning
- Strong Wind
- Winter Weather
- Cold Wave
- Heat Wave
- Ice Storm
How This Home’s Risks Compare
FEMA Declared Disasters Across Vermont Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,879 | $34,548 |
| Home Insurance | $280 | $3,360 |
| Property Taxes | $783 | $9,396 |
| Electricity | $550 | $6,608 |
| Total | $4,492 | $53,904 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-17 | Price change | $569,500 |
| 2025-10-15 | Listed for sale | $589,500 |
| 2025-09-30 | Contingent | $589,500 |
| 2025-09-05 | Listed for sale | $589,500 |
| 1994-07-19 | Sold | $89,500 |
View on Zillow