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Listed by: | Watson Realty & Associates (802) 773-3500
$500,000
-- Bed
-- Bath
5,653sqft
469 Main St, West Rutland, VT 05777
$500,000
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Multi Family
Built in 1915
$-- HOA
10,019 sqft lot
$88/sq.ft
Description
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
- Houzeo last checked: 41 Minutes ago
- Listing updated: December 3, 2025 at 5:08 pm
- Source: NEREN/Prime MLS-NH | MLS#: 5070530
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1915
HOA Fees
-
Finished Area
5,653 sqft
Lot Size
10,019 sqft lot
Basement Area
- sqft
MLS Name
NEREN/Prime MLS
MLS Number
5070530
MLS Status
(10) Active - Active
Days on Market
10
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
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