40 South Main Street, Rutland, VT 05701

Local realty services provided by:ERA Key Realty Services
40 South Main Street,Rutland City, VT 05701
$499,000
  • 5 Beds
  • 4 Baths
  • 3,800 sq. ft.
  • Multi-family
  • Active
Listed by: nancy greenwood, max walker
Office: watson realty & associates802-773-3500
MLS#:5097369
Source:PrimeMLS

Price summary

  • Price:$499,000
  • Price per sq. ft.:$93.45

About this home

Investors, take note: here's a four unit multi-family property that pairs steady rental income with a prime uptown Rutland location—a combination savvy buyers rarely stumble upon. Built for performance, this well-maintained solid building features separate utilities across its units, meaning tenants cover their own usage and you sidestep the headache of dividing bills every month. The first floor spacious apartment also has use of the two car attached garage, three bedrooms and one level living. The second floor consist of (2) one bedroom units and a studio apartment with a private balcony. The fourth unit offers an abundance of natural light with built-in bookcases, a skylight and it's own access to a private garden at the back of the building. This layout accommodates multiple households comfortably, keeping occupancy strong and vacancies short. Whether you're an experienced landlord expanding your portfolio or a first-time investor dipping a toe into rental ownership, this...

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Home facts

  • Year built:1900
  • Listing ID #:5097369
  • Added:5 day(s) ago
  • Updated:July 06, 2026 at 10:45 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:4
  • Full bathrooms:4
  • Basement Description:Concrete, Interior Access, Unfinished, Walk-up
  • Living area:3,800 sq. ft.

Heating and cooling

  • Cooling:Mini Split
  • Heating:Baseboard, Electric, Heat Pump, Oil

Structure and exterior

  • Roof:Slate
  • Year built:1900
  • Building area:3,800 sq. ft.
  • Lot area:0.19 Acres
  • Levels:2 Story

Schools

  • High school:Rutland Senior High School
  • Middle school:Rutland Middle School
  • Elementary school:Rutland Northeast Primary Sch

Utilities

  • Sewer:Public Available

Finances and disclosures

  • Price:$499,000
  • Price per sq. ft.:$93.45
  • Tax amount:$6,876 (2026)

Features and amenities

  • Amenities:Circuit Breaker(s)

Parking

  • Parking description:Paved Driveway
  • Garage spaces:2
MLS LogoCopyright 2026 Prime MLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Prime MLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated July 6, 2026