Sold
Last Sold Price
6 beds3,848 sqft$120/sqft
763 Main St, West Rutland, VT 05777
Multi FamilyProperty Type
0.31 acresLot Size
1977Year Built
$120/sq ftPrice per sq ft

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.

    Sold By Real Broker LLC

    • Listed by: Mike Kalil • Watson Realty & Associates
    Listing closed: 09/03/2024 12:00 AM • Source: New England Real Estate Network, MLS#: 4993552

    Location

    Add your commute

    Payment Calculator

    $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

    Property Details
    • Taxes: $6,194 / year
    • MLS Type: Multi Family
    • Parking: Off Street
    • Zoning: Residential
    Building Information
    • Stories: 2
    • Residences: 7
    • Year Built: 1977
    • Lot Size: 0.31 AC / 13,503 SF
    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
    • 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 Record2025$4,317 ($360 / month)
    Home Facts
    Baths7Total Finished SqFt3,848 SqFtAbove Grade Finished SqFt3,848 SqFtUnfinished Basement SqFt1,642 SqFtStories2Lot Size13,504 SqFtStyleMiscellaneous CommercialYear Built1900Year Renovated1900ZoningVRCountyRUTLANDAPN(234) 250010763

    Schools near 763 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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    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 08:36 AM