469 Main Street, West Rutland, VT 05777
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
469 Main Street,West Rutland, VT 05777
$500,000
- 12 Beds
- 7 Baths
- 5,653 sq. ft.
- Multi-family
- Active
Listed by: mike kalil
Office: watson realty & associates
MLS#:5070530
Source:PrimeMLS
Price summary
- Price:$500,000
- Price per sq. ft.:$72.45
About this home
Spacious units. nice location minutes to shopping and Rutland city , this property has been renovated and updated, including vinyl siding, windows and much more , pretty much no deferred maintains, the best part about this property is the income, Cap Rate at asking price is more than 15.5%, Rents include: Heat, Water & Sewer ,Rubbish, Lawn/plowing, property taxes ,insurance, although each unit has it own electric meter the current owner has included electric in the rent and maintenance , Steady income, gross yearly income is $122,400 with expenses at $36,402 which includes 8% vacancy rate, the NOI $77,596 .
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Home facts
- Year built:1915
- Listing ID #:5070530
- Added:6 day(s) ago
- Updated:December 01, 2025 at 11:26 AM
Rooms and interior
- Bedrooms:12
- Total bathrooms:7
- Full bathrooms:7
- Living area:5,653 sq. ft.
Heating and cooling
- Heating:Baseboard, Oil
Structure and exterior
- Roof:Metal, Slate
- Year built:1915
- Building area:5,653 sq. ft.
- Lot area:0.23 Acres
Schools
- High school:Choice
- Middle school:West Rutland School
- Elementary school:West Rutland School
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$500,000
- Price per sq. ft.:$72.45
- Tax amount:$7,210 (2026)
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