49 South Main Street

Closed 4/27/22
Closed 4/27/22
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Sold
Last Sold Price
$249,000
7 beds3,908 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
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    Location

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    $1,907 per month

    30 year fixed, 6.71% Interest

    Principal and Interest

    $1,287

    Property Taxes

    $620

    HOA Dues

    $0

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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

    DateEvent & SourcePriceAppreciation
    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—
    DateEvent & SourcePrice
    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

    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
    Rutland Intermediate School
    		Public - 3 to 6
    Rutland Middle School
    		Public - 7 to 8
    Rutland Senior High School
    		Public - 9 to 12
    Rutland Northeast Primary School
    		Public - PK to 2
    Rating
    School
    Distance
    Rutland Intermediate School
    Public3 to 6

    Rutland Middle School
    Public7 to 8

    Rutland Senior High School
    Public9 to 12

    Rutland Northeast Primary School
    PublicPK to 2

    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 09/10/2026 07:35 PM