NOT LISTED FOR SALE

49 S Main St Rutland, VT 05701

7 Beds
5 Baths
3,908 Sq Ft
6,534 Sq Ft Lot

Last Sold April 27, 2022

Last sale price $249,000 $64 Per Sq Ft

3 Days on Market

Highlights

  • 4 Car Detached Garage
  • High Speed Internet
  • Walk-Up Access
  • Hot Water Heating System
  • Wood Siding
  • 3-minute walk to Main Street Park

About This Home

As of April 2022

5 rental unites in one building with a garage on a city lot , great location walking distance to shopping , downtown and to city parks , 4 unites have been renovated completely, gross annual income over $57,000 and over 14% Cap Rate , nice rental history .

Last Agent to Sell the Property

Mike Kalil

Watson Realty & Associates License #081.0095645 Listed on: 02/08/2022

Last Buyer's Agent

Mike Kalil

Watson Realty & Associates License #081.0095645 Listed on: 02/08/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1884

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Sloped Up

Parking

  • 4 Car Detached Garage
  • Gravel Driveway

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 5 Full Bathrooms
  • 2-Story Property
  • Unfinished Basement
  • Walk-Up Access

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Water Heater
  • High Speed Internet
  • Phone Available

Community Details

Overview

  • 5 Units

Building Details

  • Operating Expense $18,708
  • Gross Income $57,000
  • Net Operating Income $38,292

Property Details

Home Type

Multi-Family

Year Built

Built in 1884

Lot Details

0

Parking

4

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 63.72
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 135308
  • Sq Ft - Apx Total Finished: 3908
  • Year Built: 1884
  • Remarks Public: 5 rental unites in one building with a garage on a city lot , great location walking distance to shopping , downtown and to city parks , 4 unites have been renovated completely, gross annual income over $57,000 and over 14% Cap Rate , nice rental history .
  • List Agent: 21713
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 3908
  • Sq Ft - Apx Unfinished BG: 131400

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Wood
  • Foundation: Fieldstone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Fiberglass

Garage/Parking

  • Garage Capacity: 4
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Domestic
  • Heating Fuel: Oil
  • Heating: Hot Water
  • Total Electric Meters: 6
  • Total Heat Units: 1
  • Total Ranges: 5
  • Total Refrigerators: 5
  • Utilities: Internet - Cable, Phone

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 6534
  • Lot Acres: 0.15
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 685
  • Deed Page: 512-514
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 57000
  • Net Income: 38292
  • Total Full Baths: 5
  • Total Units: 5
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 3

Tax Info

  • Tax Gross Amount: 7444.24
  • Tax Year: 2021

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2022 04/27/22 Sold $249,000 -0.4% $64 / Sq Ft
02/11/2022 02/11/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $249,900 +163.1% $64 / Sq Ft
06/10/2019 06/10/19 Sold $95,000 -15.6% $24 / Sq Ft
03/08/2019 03/08/19 Pending -- -- --
12/29/2018 12/29/18 For Sale $112,500 0.0% $29 / Sq Ft
11/05/2018 11/05/18 Pending -- -- --
11/02/2018 11/02/18 For Sale $112,500 -- $29 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mike Kalil

    Seller's Agent in 2022

    Mike Kalil

    Watson Realty & Associates

    (802) 342-8899

    70 in this area

    117 Total Sales

    Mike Kalil
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Map

Source: PrimeMLS

MLS Number: 4897433

PrimeMLS

Vermont Rutland County Rutland 05701

49 S Main St, Rutland, VT

This home is located at 49 S Main St, Rutland, VT 05701 since 08 February 2022. This property was built in 1884. 49 S Main St is a home located in Rutland County with nearby schools including Rutland Intermediate School, Rutland Middle School, and Rutland Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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