763 Main St

West Rutland, VT 05777

$460,000
Last Sold Price
6
Beds
3,848 Sq. Ft.
$120 / Sq. Ft.
3,848
Sq. Ft.
$120
per Sq. Ft.
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Closed 9/3/24
Closed 9/3/24

Description

Investors take notice, this well maintained 7 unit property is located close to Rutland city amenities, 25 minutes to killington / Pico ski mountains, Manchester, Lake Bomoseen and only minutes to Rutland Reginal Hospital Property's yearly Gross income is $90,000 with a Cap Rate just under 11% Good rental history.property is being sold in Turnkey condition and has been professionally managed with best in class resident screening, property management and maintenance practices.Investors take notice, this well maintained 7 unit property is located close to Rutland city amenities, 25 minutes to killington / Pico ski mountains, Manchester, Lake Bomoseen and only minutes to Rutland Reginal Hospital Property's yearly Gross income is $90,000 with a Cap Rate just under 11% Good rental history.property is being sold in Turnkey condition and has been professionally managed with best in class resident screening, property management and maintenance practices.
  1. Listed by Mike Kalil • Watson Realty & Associates

Sold By Real Broker LLC

Property Details for 763 Main Street

Parking
Off Street
Zoning
Residential
LISTING CLOSED: 09/03/2024 12:00 AM

Property Details for 763 Main Street

StatusClosed
MLS #4993552
Days on Market61
Taxes$6,194 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1977
Lot Size0.31 AC / 13,503 SF
CountyRutland County
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Location

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Building Information for 763 Main Street

Stories2Residences7Year Built1977Building Size-Lot Size0.31 AC / 13,503 SF

Payment Calculator

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$2,854 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,338

Property Taxes

$516

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 763 Main Street

Summary
Location and General Information
  • City: West Rutland
  • County: VT-Rutland
  • Latitude: 43.596132689942820
  • Longitude: -73.051699271163940
  • Road Frontage: Yes
  • Seasonal: No
  • State: VT
  • Street Designation: Street
  • Zip Code: 05777
Taxes and HOA Information
  • SPAN Number: 735-234-10886
  • Tax - Gross Amount: $6,194.37
  • Tax Year: 2024
  • Taxes TBD: No
School Information
  • School - High: West Rutland School
  • School - District: West Rutland School District
  • School - Elementary: West Rutland School
  • School - Middle/Jr: West Rutland School
Parking
  • Garage: No
  • Driveway: Gravel
Property
Lot Information
  • Lot - Sqft: 13504.0
  • Lot Features: City Lot
  • Lot Size Acres: 0.31
  • Road Frontage Length: 75.0
  • Square Feet Apx Finished Above Grade: 3848.0
  • Square Feet Apx Finished AG Source: Public Records
  • Square Feet Apx Finished Below Grade: 0.0
  • Square Feet Apx Total: 4748.0
  • Square Feet Apx Total Finished: 3848.0
  • Square Feet Apx Unfinished Above Grade: 0.0
  • Square Feet Apx Unfinished Below Grade: 900.0
  • Square Feet Apx Unfinished BG Source: Other
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: No
  • Foundation: Stone
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1977
Utilities
  • Electric Company: 2622
  • Fuel Company: 7876
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Public
  • Utilities: Cable, Other
  • Total Electric Meters: 7
  • Internet: High Speed Intrnt -Avail, DSL
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Total Ranges: 7
Interior Features
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Concrete, Dirt Floor
  • Total Full Baths: 7
  • Heat Fuel: Oil
  • Heating: Baseboard, Hot Water
  • Cooling: None
  • Total Refrigerators: 7
  • Total Stories: 2
Multi Family
Income & Expenses Information
  • Gross Income: $90,000.00
  • Net Income: $60,205.00
  • Operating Expense Incl: Heat, Insurance, Maintenance, Other, Snow Removal, Trash, Utilities, Water/Sewer
  • Operating Expense: $29,795
Multi-Family Information
  • Total Units: 7
  • Total 1 BR Units: 7
  • Total 2 BR Units: 0
  • Total 3+ BR Units: 0
  • Total Heat Units: 1
Unit Information
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Status: Month to Month
  • Unit 1 Rental Amount: $1,000.00
Unit 2
  • Unit 2 Baths: 1
  • Unit 2 Status: Month to Month
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Bedrooms: 1
  • Unit 2 Rental Amount: $1,100.00
Unit 3
  • Unit 3 Baths: 1
  • Unit 3 Rental Amt Freq: Monthly
  • Unit 3 Status: Leased
  • Unit 3 Bedrooms: 1
  • Unit 3 Rental Amount: $1,100.00
Unit 4
  • Unit 4 Rental Amt Freq: Monthly
  • Unit 4 Baths: 1
  • Unit 4 Bedrooms: 1
  • Unit 4 Status: Month to Month
  • Unit 4 Rental Amount: $1,000.00
Unit 5
  • Unit 5 Rental Amt Freq: Monthly
  • Unit 5 Status: Leased
  • Unit 5 Baths: 1
  • Unit 5 Bedrooms: 1
  • Unit 5 Rental Amount: $1,100.00
Unit 6
  • Unit 6 Baths: 1
  • Unit 6 Bedrooms: 1
  • Unit 6 Rental Amt Freq: Monthly
  • Unit 6 Status: Leased
  • Unit 6 Rental Amount: $1,200.00
Unit 7
  • Unit 7 Baths: 1
  • Unit 7 Rental Amt Freq: Monthly
  • Unit 7 Status: Leased
  • Unit 7 Rental Amount: $1,000.00

Property History for 763 Main Street

DateEvent & SourcePriceAppreciation
Sep 3, 2024

Sold (Public Record)

Public Record #1541583945

$460,000

+7.3% / yr

Sep 3, 2024

Sold

New England Real Estate Network #4993552

$460,000—
Sep 3, 2024

Pending

New England Real Estate Network #4993552

—
DateEvent & SourcePrice
09/03/2024

Sold (Public Record)

Public Record #1541583945

$460,000

+7.3% / yr

09/03/2024

Sold

New England Real Estate Network #4993552

$460,000
09/03/2024

Pending

New England Real Estate Network #4993552

—

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

Public Records for 763 Main Street

Taxable ValueLand$44,200Additions$204,900Total$249,100
Tax Record2024$6,741 ($562 / month)
Home Facts
Baths7Total Finished SqFt3,848 SqFtAbove Grade Finished SqFt3,848 SqFtStories2Lot Size13,504 SqFtStyleMiscellaneous CommercialYear Built1900ZoningVRCountyRUTLANDAPN(234) 250010763

Schools near 763 Main Street

This home is within Quarry Hill Unified Union School District.
Rating
School
Type
Grades
Distance
West Rutland School
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 07/24/2026 06:27 AM