Last Sold Price
12 beds5,653 sqft$88/sqft
469 Main St, West Rutland, VT 05777

Description

Spacious units. nice location minutes to shopping and Rutland city , this property has been renovated and updated, including vinyl siding, windows and much more , pretty much no deferred maintains, the best part about this property is the income, Cap Rate at asking price is more than 15.7%, Rents include: Heat, Water & Sewer ,Rubbish, Lawn/plowing, property taxes ,insurance, although each unit has it own electric meter the current owner has included electric in the rent and maintenance , Steady income,...Spacious units. nice location minutes to shopping and Rutland city , this property has been renovated and updated, including vinyl siding, windows and much more , pretty much no deferred maintains, the best part about this property is the income, Cap Rate at asking price is more than 15.7%, Rents include: Heat, Water & Sewer ,Rubbish, Lawn/plowing, property taxes ,insurance, although each unit has it own electric meter the current owner has included electric in the rent and maintenance , Steady income, gross yearly income is $122,400 with expenses at $33,789 , NOI is $78,508
LISTING CLOSED: 02/09/2026 12:00 AM

  1. Listed by Mike Kalil • Watson Realty & Associates

Sold By Watson Realty & Associates

Property Details for 469 Main Street

Status
MLS #
5070530
Days on Market
14
Taxes
$7,210 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi Family
Year Built
1915
Lot Size
0.23 AC / 10,018 SF
Zoning
Residential

Location

Add your commute

Building Information for 469 Main Street

Stories2Residences7Year Built1915Building Size-Lot Size0.23 AC / 10,018 SF

Payment Calculator

$3,142 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,541

Property Taxes

$601

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 469 Main Street

Summary
Location and General Information
  • City: West Rutland
  • County: VT-Rutland
  • Latitude: 43.593730540663486
  • Longitude: -73.047033457672114
  • Road Frontage: Yes
  • Seasonal: No
  • State: VT
  • Street Designation: Street
  • Zip Code: 05777
Taxes and HOA Information
  • SPAN Number: 735-234-10885
  • Tax Year: 2026
  • Taxes TBD: No
Parking
  • Garage: No
  • Driveway: Crushed Stone
Property
Lot Information
  • Lot Features: City Lot
  • Lot Size Acres: 0.23
  • Road Frontage Length: 68.0
  • Total Finished Area: 5653.0
  • Above Grade Finished Area: 5653.0
  • Above Grade Finished Area Source: Public Records
  • Above Grade Unfinished Area: 0.0
  • Below Grade Finished Area: 0.0
  • Below Grade Unfinished Area: 1248.0
  • BelowGradeUnfinishedAreaSource: Public Records
  • Lot Size Square Feet: 10019.0
  • Total Area: 6901.0
Property and Assessments
  • Property Class: Multi-Family
  • Flood Zone: No
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1915
  • School District: West Rutland School District
  • High School: Choice
  • Middle/Jr School: West Rutland School
  • Elementary School: West Rutland School
Utilities
  • Electric Company: green mountain power
  • Cable Company: comcast
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Public
  • Utilities: Cable, Telephone Available
  • Internet: High Speed Intrnt Avail
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame
  • Roof: Metal, Slate
Interior Features
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Full, Unfinished
  • Total Full Baths: 7
  • Heating: Oil, Baseboard
  • Cooling: None
  • Total Stories: 2
Multi Family
Income & Expenses Information
  • Gross Income: $122,400.00
  • Net Income: $78,508.00
  • Operating Expense Incl: Heat, Insurance, Maintenance, Other, Snow Removal, Trash, Utilities, Water/Sewer
  • Operating Expense: $33,789
Multi-Family Information
  • Total Units: 7
  • Total 1 BR Units: 3
  • Total 2 BR Units: 3
  • Total 3+ BR Units: 1
Unit Information
Unit 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Lease Term: Month to Month
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Status: Leased
  • Unit 1 Rental Amount: $1,500.00
Unit 2
  • Unit 2 Lease Term: Month to Month
  • Unit 2 Status: Leased
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Bedrooms: 2
  • Unit 2 Rental Amount: $1,500.00
Unit 3
  • Unit 3 Lease Term: Month to Month
  • Unit 3 Rental Amt Freq: Monthly
  • Unit 3 Status: Leased
  • Unit 3 Bedrooms: 1
  • Unit 3 Rental Amount: $1,500.00
Unit 4
  • Unit 4 Lease Term: Month to Month
  • Unit 4 Rental Amt Freq: Monthly
  • Unit 4 Bedrooms: 1
  • Unit 4 Status: Leased
  • Unit 4 Rental Amount: $1,500.00
Unit 5
  • Unit 5 Rental Amt Freq: Monthly
  • Unit 5 Status: Leased
  • Unit 5 Bedrooms: 2
  • Unit 5 Lease Term: Month to Month
  • Unit 5 Rental Amount: $1,250.00
Unit 6
  • Unit 6 Lease Term: Month to Month
  • Unit 6 Bedrooms: 3
  • Unit 6 Rental Amt Freq: Monthly
  • Unit 6 Status: Leased
  • Unit 6 Rental Amount: $1,750.00
Unit 7
  • Unit 7 Bedrooms: 2
  • Unit 7 Lease Term: Month to Month
  • Unit 7 Rental Amt Freq: Monthly
  • Unit 7 Status: Leased
  • Unit 7 Rental Amount: $1,200.00

Property History for 469 Main Street

DateEvent & SourcePriceAppreciation
Feb 9, 2026

Sold

New England Real Estate Network #5070530

$500,000
Feb 6, 2026

Sold (Public Record)

Public Record #1930408615

$500,000

+5.0% / yr

Dec 8, 2025

Pending

New England Real Estate Network #5070530

DateEvent & SourcePrice
02/09/2026

Sold

New England Real Estate Network #5070530

$500,000
02/06/2026

Sold (Public Record)

Public Record #1930408615

$500,000

+5.0% / yr

12/08/2025

Pending

New England Real Estate Network #5070530

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 469 Main Street

Taxable ValueLand$41,300Additions$224,800Total$266,100
Tax Record2024$7,201 ($600 / month)
Home Facts
Baths7Total Finished SqFt5,653 SqFtAbove Grade Finished SqFt5,653 SqFtStories2Lot Size10,019 SqFtStyleMiscellaneous CommercialYear Built1900ZoningVC1CountyRUTLANDAPN(234) 260010469

Schools near 469 Main Street

This home is within Quarry Hill Unified Union School District.
Rating
School
Type
Grades
Distance
Public - PK to 12
Rating
School
Distance
West Rutland School
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Watson Realty & Associates

Copyright 2026 PrimeMLS, 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 PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 08/19/2026 05:32 PM