261 Main St, Rutland MA 01543 - Preview 1 261 Main St, Rutland MA 01543 - Preview 2 261 Main St, Rutland MA 01543 - Preview 3 261 Main St, Rutland MA 01543 - Preview 4
261 Main St, Rutland MA 01543 - Preview 1 261 Main St, Rutland MA 01543 - Preview 2 261 Main St, Rutland MA 01543 - Preview 3 261 Main St, Rutland MA 01543 - Preview 4

261 Main St, Rutland MA 01543

Rutland, MA 01543
$587,000
Est. $3,683/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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9
Beds
5.5
Baths
3,445
Sq Ft
$170
Price/Sq Ft
0.28
Acres
1812
Year Built
10
Parking
4 Family
Type
New today
Time on Market
For Sale Listed Nov 9, 2026 • MLS# 73600207 Copied! • Updated Nov 9, 2026

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About this home

INVESTORS/CONTRACTORS TAKE NOTICE! Rutland 4-Family Investment Opportunity! Rarely available multifamily property located directly across from Town Hall & Public Library. Features three 2-bedroom units and one 3-bedroom unit with 5 full baths and 1 half bath. Situated on a 12,197SF lot with ample off-street parking. Oil heat; separately metered electric. Value-add opportunity with 2 vacant units and 2 TAW units rented below market, offering significant rental income upside. **Sold AS-IS. Cash buyers preferred.**

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Recently Sold Nearby

Price & Status History

Property Timeline

🏠
Listed for Sale
Nov 9, 2026
$587,000
Original listing
Agent: Scott Dennett Office: Keller Williams Pinnacle Central

Tax History

Year Taxes Assessment
2026 $6,180 $497,400

Financial Details

Annual Property Tax
$6,180
Tax Year 2026
Assessed Value
$497,400

Facts & Features

Home Facts

Type Residential Income
Style 4 Family
Year Built 1812
Living Area 3,445 sq ft
Lot Size 0.28 acres
Stories 5
Bedrooms 9
Full Baths 5
Half Baths 1
Total Rooms 20

Investment Metrics

Units 4
Unit 1 Rent $1,500/mo · N
Unit 2 Rent $1,500/mo · N
Unit 3 Rent $1,400/mo · N
Unit 4 Rent $1,700/mo · N
Total Monthly Rent $6,100/mo
Gross Income $73,200
Net Operating Income $73,200
Cap Rate 12.47%
Heating Oil
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Shared Driveway, Off Street
Total Spaces 10
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $6,180
Assessed Value $497,400
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures Main Building Rear Roof Covered With A Tarp.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Worcester

Property Overview

Property Type
4 Family
Listing Type
For Sale
Year Built
1812
Bedrooms
9
Full Bathrooms
5
Half Bathrooms
1
Living Area
3,445 sq ft
Total Rooms
20
Stories
5
Levels
5

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1812
Structure Type:
Exterior Materials:
Roof:
Foundation: Stone
Stories: 5

Utilities & Systems

Heating: Oil
Cooling:
Hot Water: Oil
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 10
Parking Features: Shared Driveway, Off Street
School District
Wachusett School District local
✓ School Safety 2024-25
1.0% Low
0.8% Suspensions 0.4% In-School 0.2% Emergency
↓ 4.5% below state avg
E

Elementary Schools

3 schools
Naquag Elementary School
0.1 mi
356 students Moderate
Strong Attendance
Grades K-02
Devereux Advanced Behavioral Health School
0.9 mi
Grades PK-12
B+
Glenwood Elementary School
1.1 mi | #311 of 825 | Score: 50.4
Improved 23 spots from last year
-7.8 below state avg
382 students Moderate
Rising School Strong Attendance
Grades 03-05
H

High Schools

1 school
A
Wachusett Regional High School
4.5 mi | #47 of 346 | Score: 68.2
Improved 55 spots from last year
+10 above state avg
1,739 students Moderate
20 sports • 2,104 athletes
Strong AP Program High Graduation Rate Rising School College Ready Curriculum
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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Including down payment
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Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $515
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
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Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

261 Main St, Rutland MA 01543

Rutland, MA 01543

Listing Information

Listing Agent Scott Dennett
Listing Office Keller Williams Pinnacle Central
Office Phone 508-754-3020
Agent MLS ID CN213867
Office MLS ID AN8160
Listing Data Updated Nov 9, 2026 9:57 AM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

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(617) 955-2224 contact@bmnboston.com
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