140 North Main StreetRutland City, VT 05701MLS Number 4880640

  • Sale Price: $469,000
  • 261 Days Since Sale
$/month over payments
Federal 30-year interest rate: 5.22% last updated on Aug 11, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
140 North Main Street Rutland City VT 05701
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  • 0.7Acreage
  • 1920Year Built
  • 9,000Square Feet

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Listed by Mike Kalil of Watson Realty & Associates

Listing Sold by Watson Realty & Associates
Great location on corner of N Main St and North St Ext. Many upgrades and renovations, wonderful investment property grossing over $97,000 13%Cap rate at asking price. Property consists of ten rental units including the former MR C'S Market (now Cycle shop)--five apartments--three cold storage units--and a detached shop--all are fully rented--the total property has been extensively upgraded including new state-of-the art Buderas heating system, most units are updated and up to code--new roof--unlimited paved parking for many uses-well kept and no deferred maintenance, good rental history ..property consist of 2 buildings, Building one: 3(2 Bedroom) Apartments 1 (4 Bedroom) Apartment 1 (1 Bedroom) Apartment 1 Retail Space - approximately 2600 sq. ft 3 Large Storage units Building two: Garage -rented to a car detailing tenant for over 7 years 6 Storage units, Storage Shed, Outdoor Parking

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Basic Information

  • StatusSLD
  • List Price$489,000
  • MLS Number4880640
  • MLS StatusClosed
  • Sale Date11/30/2021


  • Acreage0.7
  • Parking Spaces2
  • Lot DescriptionCorner
  • Square Feet9,000
  • APX Fin AG Sqft9,000
  • Road Frontage400
  • RoadsPublic


  • Taxes$8,580
  • Seasonal Y/NNo
  • Unit 1 Deposit$995
  • Unit 2 Rent Amount$1,500
  • Unit 3 Rent Amount$995
  • Unit 4 Rent amount$950
  • Unit 5 Rent amount$950
  • Unit 7 Rent amount$1,500
  • Unit 8 Rent amount$300
  • View Count8


  • TownRutland City
  • StateVT
  • Zip05701
  • CountyRutland
  • ZoningMixed
  • Flood Zone Y/NNo


  • ExteriorWood
  • RoofShingle - Architectural


  • Heat FuelOil
  • Heat SystemForced Air
  • UtilitiesCable - Available, DSL - Available
  • WaterPublic
  • Water HeaterDomestic, Electric
  • Electric200 Amp, Circuit Breaker(s)
  • SewerPublic


  • Year Built1920
  • Building ConstructionWood Frame
  • StyleMulti-Family
  • Units10
  • Unit 1 Bedrooms2
  • Unit 2 Bedrooms4
  • Unit 3 Bedrooms2
  • Unit 5 Bedrooms1
  • # of 1 Bedrooms1
  • # of 2 Bedrooms3
  • # of 3+ Bedrooms1
  • BasementConcrete, Unfinished
  • FoundationConcrete
TPW Real Estate - Ludlow
TPW Real Estate - Ludlow
Office: 802-228-9400
207 Main Street
Ludlow, VT 05149
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Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. 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 August 17, 2022 11:54 PM EDT.


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