Multi-Family for Sale: 42 S Main Street, Rutland City, VT 05701

6 beds
4 full baths
3,850 sqft
$290,000
$290,000
42 S Main Street, Rutland City, VT 05701
6 beds
4 full baths
3,850 sqft
$290,000
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Price:
$290,000
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Type Multi-Family
Style Apartment Building, Multi-Family
Beds 6
Total Baths 4 full baths
Square Feet 3,850 sqft
Lot Size 0.26 acres
Year Built 1880
Taxes Paid $4,722
City Rutland City
County Rutland
MLS 5017449
Status Pending
DOM 27 days
This prime investment opportunity is located at 42 S Main St in Rutland City, Vermont. Positioned directly across from Main Street Park, this well-maintained four-unit multi-family property offers a central location with easy access to local amenities, dining, shopping, and public transportation. Each unit is currently rented by long-term tenants, ensuring immediate rental income and stable cash flow for potential buyers. The building features historic architectural charm, adding to its curb appeal in this highly visible, desirable area. Whether you're a seasoned investor or a first-time buyer, this property offers excellent investment potential in a strong rental market. With a great location, steady tenants, and room for growth, 42 South Main Street is a fantastic opportunity to own a piece of Rutland City's vibrant real estate market. Showings delayed until 10/7/2024.

Lot & Building Features

Association Amenities Coin Laundry
Utilities Other
Construction Brick Exterior, Wood Frame, Other Exterior
Cooling None
Heat Source Oil
Heating Hot Air
Parking Description Off Street
Sewer Public
Tax Year 2023
Taxes Paid $4,722
Water Public
Basement Description Exterior Access, Unfinished, Stairs - Interior, Interior Access, Full
Foundation Concrete, Fieldstone
Lot Description City Lot, Sidewalks, Major Road Frontage
Roof Shingle
Features Exterior Outbuilding
Garage No

Unit Features

Unit 1 Baths 1
Unit 1 Bedrooms 2
Unit 1 Lease Term Month to Month
Unit 1 Rental Amount 825.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Tenant Pays Electric, TV Service, Internet Service
Unit 2 Baths 1
Unit 2 Bedrooms 1
Unit 2 Lease Term Annual
Unit 2 Rental Agreement Yes
Unit 2 Rental Amount 895.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Status Leased
Unit 3 Baths 1
Unit 3 Bedrooms 1
Unit 3 Lease Term Month to Month
Unit 3 Rental Amount 725.00
Unit 3 Rental Amt Freq Monthly
Unit 4 Baths 1
Unit 4 Bedrooms 2
Unit 4 Lease Term Month to Month
Unit 4 Level Number 1
Unit 4 Rental Agreement Yes
Unit 4 Rental Amount 825.00
Unit 4 Rental Amt Freq Monthly

Price History of 42 S Main Street

Date Name Price Difference
10/04/2024 Listing Price $290,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map of 42 S Main Street, Rutland City, VT

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Inquire about this property

Photo of Crissa Kounavis
Direct: 603-964-7000
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by KW Vermont, Renae Bouchard
$
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1.628275862069%
6.75%
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42 S Main Street (MLS #5017449) is a multi-family listing located in Rutland City, VT. This multi-family listing is 3,850 sqft and on a lot of 11,326 sqft (or 0.26 acres) with 6 bedrooms, 4 baths and is 144 years old. This property was listed on 10/04/2024 and has been priced for sale at $290,000.

Nearby zip codes are 05737, 05738, 05759, 05765 and 05777. This property neighbors other cities such as Clarendon, Mendon, Proctor, Rutland Town and West Rutland.

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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

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Listing information courtesy of: KW Vermont

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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 11/12/2024