Sold
Last Sold Price
6 beds2,598 sqft
51 S Main St, Rutland, VT 05701
Multi FamilyProperty Type
0.15 acresLot Size
1870Year Built
$115/sq ftPrice per sq ft
2 carsParking Spaces

Description

Great income-producing opportunity right in the heart of downtown Rutland City. This nicely maintained two-unit, two-story property offers comfort, flexibility, and strong rental appeal. Each unit is equipped with its own laundry hookup, adding everyday convenience for tenants or owner-occupants alike. Enjoy outdoor living with a windowed porch for the lower unit and a private back terrace for the upper unit. The property also features a two-car garage, ample driveway parking, and two separate fenced...Great income-producing opportunity right in the heart of downtown Rutland City. This nicely maintained two-unit, two-story property offers comfort, flexibility, and strong rental appeal. Each unit is equipped with its own laundry hookup, adding everyday convenience for tenants or owner-occupants alike. Enjoy outdoor living with a windowed porch for the lower unit and a private back terrace for the upper unit. The property also features a two-car garage, ample driveway parking, and two separate fenced yard/garden spaces perfect for pets, gardening, entertaining, BBQs, or simply relaxing outdoors. Ideally situated directly across from the Green between Route 4/7 and Main Street, this location offers easy walkability to shopping, restaurants, parks, and everything downtown Rutland has to offer. The first-floor unit is owner-occupied full-time, while the upstairs unit offers 3 bedrooms and 1 bathroom with interior stairwell access. A lease is currently in place with long-term tenants paying $2,000 per month, providing immediate income potential. A versatile investment property in a prime downtown location with excellent owner-occupant or income-producing possibilities. Last day of showings friday june 5 offers due saturday june 6

    Sold By Four Corner Properties LLC

    • Listed by: Tucker Adirondack Lange • Lange & Lange
    Listing closed: 08/31/2026 12:00 AM • Source: New England Real Estate Network, MLS#: 5090743

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    Payment Calculator

    $2,055 per month

    30 year fixed, 7.03% Interest

    Principal and Interest

    $1,596

    Property Taxes

    $459

    HOA Dues

    $0

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    Property Information for 51 South Main Street

    Property Details
    • Taxes: $5,509 / year
    • MLS Type: Multi Family
    • Zoning: MSP Main Street Park
    Building Information
    • Stories: 3
    • Residences: 2
    • Year Built: 1870
    • Lot Size: 0.15 AC / 6,534 SF
    Summary
    Location and General Information
    • City: Rutland City
    • County: VT-Rutland
    • Directions: Right off VT Route 4 and 7 on the west side of the street. Barrier in between the main rd and S Main St, small park and additional side streets/ parking.
    • Latitude: 43.604823000001005
    • Longitude: -72.972245999999998
    • Road Frontage: Yes
    • Seasonal: No
    • State: VT
    • Street Designation: Street
    • Zip Code: 05701-5041
    Taxes and HOA Information
    • SPAN Number: 540-170-14638
    • Tax Year: 2025
    • Taxes TBD: No
    Parking
    • Garage: Yes
    • Garage Capacity: 2.00
    • Driveway: Paved
    Property
    Lot Information
    • Lot Features: City Lot, Curbing, Landscaped, Major Road Frontage, Sidewalks
    • Lot Size Acres: 0.15
    • Road Frontage Length: 49.0
    • Total Finished Area: 2598.0
    • Above Grade Finished Area: 2598.0
    • Above Grade Finished Area Source: Public Records
    • Above Grade Unfinished Area: 1299.0
    • AboveGradeUnfinishedAreaSource: Other
    • Below Grade Finished Area: 0.0
    • Below Grade Finished Area Source: Public Records
    • Below Grade Unfinished Area: 1299.0
    • BelowGradeUnfinishedAreaSource: Public Records
    • Lot Size Square Feet: 6534.0
    • Total Area: 5196.0
    Property and Assessments
    • Property Class: Multi-Family
    • Property Condition: Existing
    • Easements: Unknown
    • Flood Zone: Land Only
    • PreConstruction: No
    • Surveyed: Unknown
    • Year Built: 1870
    • School District: Rutland City School District
    Utilities
    • Electric: Circuit Breaker(s)
    • Sewer: Public
    • Water Source: Public Water On-Site
    • Utilities: Cable Available, Multi Phone Lines, T1 Available
    • Total Gas Meters: 2
    • Total Electric Meters: 2
    • Separate Utilities: Yes
    • Internet: High Speed Intrnt Avail
    Interior and Exterior Features
    Exterior Features
    • Color: Gray
    • Construction Materials: Wood Frame, Vinyl Exterior
    • Roof: Shingle, Slate
    • Total Ranges: 2
    Interior Features
    • Basement: Yes
    • Basement Access Type: Interior
    • Basement Description: Dirt Floor
    • Total Full Baths: 2
    • Flooring: Carpet, Laminate, Tile, Wood
    • Heating: Oil
    • Cooling: None
    • Total Refrigerators: 2
    • Total Rooms Above Ground: 12
    • Total Stories: 3
    • Total Water Heaters: 1
    Multi Family
    Multi-Family Information
    • Total Units: 2
    • Total 1 BR Units: 0
    • Total 2 BR Units: 0
    • Total 3+ BR Units: 2
    • Total Heat Units: 2
    Unit Information
    Unit 1
    • Unit 1 Baths: 1
    • Unit 1 Bedrooms: 3
    • Unit 1 Lease Term: Owner Occupied
    • Unit 1 Status: Owner Occupied
    • Unit 1 Rooms: 6
    • Unit 1 Info: Appliances Included, Dryer, Heat, Oil Heat, Hot Water, Electric Range, Refrigerator, Storage, Washer
    Unit 2
    • Unit 2 Lease Term: Annual
    • Unit 2 Baths: 1
    • Unit 2 Rooms: 6
    • Unit 2 Status: Leased
    • Unit 2 Level Number: 2
    • Unit 2 Rental Amt Freq: Monthly
    • Unit 2 Bedrooms: 3
    • Unit 2 Rental Amount: $2,000.00
    • Unit 2 Info: Appliances Included, Den, Dryer, Heat, Oil Heat, Hot Water, Porch, Electric Range, Refrigerator, Smoke Detector, Washer
    • Unit 2 Tenant Pays: All Utilities
    Rental
    Rent Information
    • Total Leases: 1

    Property History for 51 South Main Street

    DateEvent & SourcePriceAppreciation
    Aug 31, 2026

    Sold

    New England Real Estate Network #5090743

    $299,000—
    Aug 31, 2026

    Pending

    New England Real Estate Network #5090743

    —
    Jun 7, 2026

    Active Under Contract

    New England Real Estate Network #5090743

    —
    DateEvent & SourcePrice
    08/31/2026

    Sold

    New England Real Estate Network #5090743

    $299,000
    08/31/2026

    Pending

    New England Real Estate Network #5090743

    —
    06/07/2026

    Active Under Contract

    New England Real Estate Network #5090743

    —

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

    Public Records for 51 South Main Street

    Taxable ValueLand$28,400Additions$113,800Total$142,200
    Tax Record2025$2,741 ($228 / month)
    Home Facts
    Beds0Lot Size6,534 SqFtStyleSingle Family ResidenceCountyRUTLANDAPN(170) 14638

    Schools near 51 South Main Street

    This home is within Rutland City School District.
    Rating
    School
    Type
    Grades
    Distance
    Public - 3 to 6
    Public - 7 to 8
    Public - 9 to 12
    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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    Listing Courtesy of Lange & Lange

    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 10/01/2026 06:33 AM