Pending

Listed by:

Mike Kalil,

Watson Realty & Associates 802-773-3500

$500,000

469 Main Street, West Rutland, VT 05777

12beds

--baths

5,653sqft

Est.:

Multi Family

Built in 1915

-- sqft lot

$489,400 Zestimate^®

$88/sqft

$-- HOA

What's special

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 15.7%, 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 $33,789 , NOI is $78,508

34 days

90

5

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 12
Full bathrooms: 7

Heating

Oil, Baseboard

Cooling

None

Features

Basement: Full,Unfinished,Walk-Up Access

Interior area

Total structure area: 6,901
Total interior livable area: 5,653 sqft
Finished area above ground: 5,653
Finished area below ground: 0

Property

Parking

Parking features: Crushed Stone

Features

Levels: Two
Frontage length: Road frontage: 68

Lot

Size: 10,019 Square Feet
Features: City Lot

Details

Zoning description: Residential

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Frame
Foundation: Stone
Roof: Metal,Slate

Condition

New construction: No
Year built: 1915

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: Cable, Phone Available

Community & HOA

Location

Region: West Rutland

Financial & listing details

Price per square foot: $88/sqft
Annual tax amount: $7,210
Date on market: 11/24/2025
Road surface type: Paved

Estimated market value

$489,400

$465,000 - $514,000

$1,575/mo

Price history

Date	Event	Price
12/8/2025	Contingent	$500,000$88/sqft
Source: PrimeMLS #5070530 Report a problem
11/24/2025	Listed for sale	$500,000+104.1%$88/sqft
Source: PrimeMLS #5070530 Report a problem
10/22/2021	Sold	$245,000-1.6%$43/sqft
Source: PrimeMLS #4857340 Report a problem
4/26/2021	Contingent	$249,000$44/sqft
Source: PrimeMLS #4857340 Report a problem
4/24/2021	Listed for sale	$249,000$44/sqft
Source: PrimeMLS #4857340 Report a problem