49 South Main Street

Closed 4/27/22

Sold

Last Sold Price

$249,000

7 beds5 baths3,908 sqft$64/sqft

49 S Main St, Rutland, VT 05701

Multi FamilyProperty Type

6,534 sq ftLot Size

1884Year Built

$64/sq ftPrice per sq ft

4 carsParking Spaces

Description

5 rental unites in one building with a garage on a city lot , great location walking distance to shopping , downtown and to city parks , 4 unites have been renovated completely, gross annual income over $57,000 and over 14% Cap Rate , nice rental history .5 rental unites in one building with a garage on a city lot , great location walking distance to shopping , downtown and to city parks , 4 unites have been renovated completely, gross annual income over $57,000 and over 14% Cap Rate , nice rental history .

Sold By Watson Realty & Associates

Listed by: Mike Kalil • Watson Realty & Associates

Listing closed: 04/27/2022 12:00 AM • Source: New England Real Estate Network, MLS#: 4897433

Recent comparable sales

Median sold price

$330,000

Avg days on market

Sale-to-list ratio

95.0%

1/23

$330,000

Sold 12/05/24

7
Bedrooms: 4
Bathrooms: 3,220
Square Feet: 0.17
Acres

60 Elm Street, Rutland, VT 05701

1/18

$440,000

Sold 03/21/25

7
Bedrooms: 6
Bathrooms: 3,869
Square Feet: 0.18
Acres

15 Woodstock Avenue, Rutland, VT 05701

1/31

$449,000

Sold 05/29/26

8
Bedrooms: 5
Bathrooms: 4,460
Square Feet: 0.24
Acres

2 Jackson Avenue, Rutland, VT 05701

1/19

$300,000

Sold 12/17/25

5
Bedrooms: 5
Bathrooms: 3,306
Square Feet: 0.4
Acres

71 Grove Street, Rutland, VT 05701

1/18

$321,000

Sold 02/14/25

7
Bedrooms: 4
Bathrooms: 2,968
Square Feet: 0.22
Acres

16 East Washington Street, Rutland, VT 05701

1/24

$350,000

Sold 09/30/25

7
Bedrooms: 4
Bathrooms: 3,139
Square Feet: 0.17
Acres

162 State Street, Rutland, VT 05701

1/19

$322,000

Sold 12/31/25

8
Bedrooms: 4
Bathrooms: 4,032
Square Feet: 0.07
Acres

48 Forest Street, Rutland, VT 05701

1/23

$304,000

Sold 10/21/24

8
Bedrooms: 4
Bathrooms: 3,054
Square Feet: 0.29
Acres

190 Crescent Street, Rutland, VT 05701

1/25

$464,000

Sold 12/05/25

7
Bedrooms: 7
Bathrooms: 3,590
Square Feet: 0.15
Acres

38 Cottage Street, Rutland, VT 05701

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$1,886 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,266

Property Taxes

$620

HOA Dues

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Property Information for 49 South Main Street

Property Details

Taxes: $7,444 / year
MLS Type: Multi Family
County: Rutland County
Zoning: Residential

Building Information

Stories: 2
Residences: 5
Year Built: 1884
Lot Size: 0.15 AC / 6,534 SF

Summary

Location and General Information

City: Rutland City
County: VT-Rutland

Latitude: 43.593210459206254
Longitude: -72.969624000000010
Road Frontage: Yes
Seasonal: No
State: VT
Street Designation: Street
Zip: 05701

Taxes and HOA Information

SPAN Number: 540-170-18230
Tax - Gross Amount: $7,444.24

Tax Year: 2021
Taxes TBD: No

Parking

Garage: Yes
Garage Capacity: 4.00

Driveway: Gravel

Property

Lot Information

Lot - Sqft: 6534.0
Lot Size Acres: 0.15

Road Frontage Length: 53.0
Square Feet Apx Finished Above Grade: 3908.0
Square Feet Apx Finished AG Source: Public Records
Square Feet Apx Finished Below Grade: 0.0
Square Feet Apx Total: 135308.0
Square Feet Apx Total Finished: 3908.0
Square Feet Apx Unfinished Above Grade: 0.0
Square Feet Apx Unfinished Below Grade: 131400.0
Square Feet Apx Unfinished BG Source: Public Records

Property and Assessments

Property Class: Multi-Family
Flood Zone: No

Foundation: Fieldstone
PreConstruction: No
Surveyed: Unknown
Year Built: 1884

Utilities

Electric: Circuit Breaker(s)
Sewer: Public

Utilities: Internet - Cable, Phone
Total Electric Meters: 6

Interior and Exterior Features

Exterior Features

Roads: Public
Roof: Shingle - Fiberglass

Total Ranges: 5

Interior Features

Basement: Yes
Basement Access Type: Walk-up

Basement Description: Unfinished
Total Full Baths: 5
Heat Fuel: Oil
Heating: Hot Water
Cooling: None
Total Refrigerators: 5
Total Stories: 2

Multi Family

Income & Expenses Information

Gross Income: $57,000.00
Net Income: $38,292.00

Operating Expense Incl: Heat, Insurance, Maintenance, Other, Snow Removal, Trash, Water/Sewer
Operating Expense: $18,708

Multi-Family Information

Total Units: 5
Total 1 BR Units: 2

Total 2 BR Units: 3
Total 3+ BR Units: 0
Total Heat Units: 1

Unit Information

Unit 1

Unit 1 Baths: 1
Unit 1 Bedrooms: 2

Unit 1 Rental Agremnt: Yes
Unit 1 Rental Amt Freq: Monthly
Unit 1 Rental Amount: $950.00

Unit 2

Unit 2 Baths: 1
Unit 2 Rental Amt Freq: Monthly

Unit 2 Bedrooms: 1
Unit 2 Rental Amount: $850.00

Unit 3

Unit 3 Baths: 1
Unit 3 Rental Amt Freq: Monthly

Unit 3 Bedrooms: 1
Unit 3 Rental Amount: $875.00

Unit 4

Unit 4 Rental Amt Freq: Monthly
Unit 4 Baths: 1

Unit 4 Bedrooms: 1
Unit 4 Rental Amount: $875.00

Unit 5

Unit 5 Rental Amt Freq: Monthly
Unit 5 Baths: 1

Unit 5 Bedrooms: 2
Unit 5 Rental Amount: $1,200.00

Property History for 49 South Main Street

Date	Event & Source	Price	Appreciation
Apr 27, 2022	Sold New England Real Estate Network #4897433	$249,000	—
Feb 11, 2022	Pending New England Real Estate Network #4897433		—
Feb 8, 2022	Listed (Active) New England Real Estate Network #4897433	$249,900	—
Jun 10, 2019	Sold (Public Record) Public Record #646129656	$95,000	-4.8% / yr
Jun 10, 2019	Sold New England Real Estate Network #4726471	$95,000	—
Mar 8, 2019	Pending New England Real Estate Network #4726471		—
Nov 2, 2018	Listed (Active) New England Real Estate Network #4726471	$112,500	—
Apr 23, 2010	Sold New England Real Estate Network #3104842	$149,000	—
Apr 14, 2010	Sold (Public Record) Public Record #290352397	$149,000	—
Feb 23, 2010	Pending New England Real Estate Network #3104842		—
Feb 11, 2010	Listed (Active) New England Real Estate Network #3104842	$149,900	—
Mar 24, 2008	Listed (Active) New England Real Estate Network #3052612	$265,000	—
Oct 1, 2007	Listed (Active) New England Real Estate Network #3047075	$265,000	—

Date	Event & Source	Price
04/27/2022	Sold New England Real Estate Network #4897433	$249,000
02/11/2022	Pending New England Real Estate Network #4897433	—
02/08/2022	Listed (Active) New England Real Estate Network #4897433	$249,900
06/10/2019	Sold (Public Record) Public Record #646129656	$95,000 -4.8% / yr
06/10/2019	Sold New England Real Estate Network #4726471	$95,000
03/08/2019	Pending New England Real Estate Network #4726471	—
11/02/2018	Listed (Active) New England Real Estate Network #4726471	$112,500
04/23/2010	Sold New England Real Estate Network #3104842	$149,000
04/14/2010	Sold (Public Record) Public Record #290352397	$149,000
02/23/2010	Pending New England Real Estate Network #3104842	—
02/11/2010	Listed (Active) New England Real Estate Network #3104842	$149,900
03/24/2008	Listed (Active) New England Real Estate Network #3052612	$265,000
10/01/2007	Listed (Active) New England Real Estate Network #3047075	$265,000

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

Public Records for 49 South Main Street

Taxable ValueLand$91,100Additions$121,800Total$212,900

Tax Record2025$4,103 ($342 / month)

Home Facts

Lot Size6,534 SqFtStyleMulti-Family Res (5+ Units)CountyRUTLANDAPN(170) 18230

Schools near 49 South Main Street

This home is within Rutland City School District.


Rating	School	Type	Grades	Distance
4/10	Rutland Intermediate School	Public - Serves this home	3 to 6	0.7 mi
3/10	Rutland Middle School	Public - Serves this home	7 to 8	0.7 mi
8/10	Rutland Senior High School	Public - Serves this home	9 to 12	1.2 mi
NR	Rutland Northeast Primary School	Public - Choice school	PK to 2	1.0 mi
NR	Rutland Northwest School	Public - Choice school	PK to 2	1.1 mi
NR	Stafford Technical Center	Public - Choice school	9 to 12	1.3 mi
NR	Christ The King School	Private - Nearby school	PK to 8	0.1 mi
NR	Rutland Academy	Private - Nearby school	8 to 12	0.5 mi
NR	Easter Seals Of Vermont	Private - Nearby school	10 to 11	0.6 mi


Rating	School	Distance
4/10	Rutland Intermediate School Public3 to 6 Serves this home	0.7 mi
3/10	Rutland Middle School Public7 to 8 Serves this home	0.7 mi
8/10	Rutland Senior High School Public9 to 12 Serves this home	1.2 mi
NR	Rutland Northeast Primary School PublicPK to 2 Choice school	1.0 mi
NR	Rutland Northwest School PublicPK to 2 Choice school	1.1 mi
NR	Stafford Technical Center Public9 to 12 Choice school	1.3 mi
NR	Christ The King School PrivatePK to 8 Nearby school	0.1 mi
NR	Rutland Academy Private8 to 12 Nearby school	0.5 mi
NR	Easter Seals Of Vermont Private10 to 11 Nearby school	0.6 mi

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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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 49 South Main Street, Rutland, VT 05701	$249,000	7	5	3,908	6,534
45 South Main Street, Rutland, VT 05701	$120,000	3	2	2,016	8,276
53 South Main Street, Rutland, VT 05701	$119,950	–	2	2,640	–
43 South Main Street, Rutland, VT 05701	–	–	–	–	5,663
50 Morse Place, Rutland, VT 05701	$262,400	4	2	2,256	5,662
48 Morse Place, Rutland, VT 05701	–	–	–	–	3,049
44 Morse Place, Rutland, VT 05701	$295,000	–	–	–	7,405
41 South Main Street, Rutland, VT 05701	$38,000	–	–	–	5,663
42 Morse Place, Rutland, VT 05701	$73,000	–	2	2,406	5,227
52 Morse Place, Rutland, VT 05701	$229,000	5	2	2,724	5,662
39 South Main Street, Rutland, VT 05701	–	–	–	–	4,356
54 Morse Place, Rutland, VT 05701	$102,000	4	3	2,000	–
50 South Main Street, Rutland, VT 05701	$109,000	–	2	2,300	3,484
40 Morse Place, Rutland, VT 05701	$120,000	3	2	1,440	5,227
47 Morse Place, Rutland, VT 05701	$249,000	3	2	1,709	4,356
49 Morse Place, Rutland, VT 05701	$235,000	3	1	2,220	4,356

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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 08/20/2026 10:17 PM

Rutland, VT

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