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  • Listed by: 

    Betsy Adamovich,

    Real Broker LLC 855-450-0442

    $659,000

    46 Terrill Street, Rutland City, VT 05701

    12beds
    6baths
    4,772sqft
    : 
    Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $138/sqft
    $-- HOA

    What's special

    Recently renovated
    Exceptional 13.8% cap rate! Fantastic Multi-Family Investment Opportunity in Rutland City. Well-located and recently renovated 6-unit multifamily property in Rutland City, now fully occupied. The building includes six 2-bedroom, 1-bath units and is positioned to generate $110,100 in annual gross income with a net operating income of $90,991 at current rents and expenses. At the current asking price, this equates to an approximate 13.8% cap rate, making this a standout opportunity for cash-flow-focused investors. Located within walking distance to downtown Rutland, the property benefits from strong rental demand thanks to easy access to public transportation, restaurants, retail, and essential services. With stabilized occupancy in place, this property offers immediate income along with future upside through rent growth or operational efficiencies. A compelling option for investors seeking a high-yield, income-producing asset in a dependable Vermont rental market.
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    Zillow last checked: 8 hours ago

    Listing updated: February 03, 2026 at 10:44am

    Listed by:

    Betsy Adamovich,

    Real Broker LLC 855-450-0442

    Source: PrimeMLS,MLS#: 5075586MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 6
    Heating
    • Propane, Baseboard, Forced Air, Hot Water
    Cooling
    • None
    Features
    • Basement: Unfinished,Interior Entry
    Interior area
    • Total structure area: 5,588
    • Total interior livable area: 4,772 sqft
    • Finished area above ground: 4,772
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Gravel, Off Street
    Features
    • Levels: Two
    Lot
    • Size: 7,405.2 Square Feet
    • Features: City Lot
    Details
    • Parcel number: 54017012691
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Vinyl Siding
    • Foundation: Concrete, Marble
    • Roof: Asphalt Shingle
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Phone Available

    Community & HOA

    Location
    • Region: Rutland

    Financial & listing details

    • Price per square foot: $138/sqft
    • Tax assessed value: $234,000
    • Annual tax amount: $9,549
    • Date on market: 2/3/2026
    • Road surface type: Paved
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    2/3/2026Listed for sale$659,000+6.3%$138/sqft
    Source: PrimeMLS #5075586 Report a problem
    5/6/2024Listing removed--
    Source: PrimeMLS #4987686 Report a problem
    3/12/2024Listed for sale$620,000$130/sqft
    Source: PrimeMLS #4987686 Report a problem
    12/30/2023Listing removed--
    Source: PrimeMLS #4971740 Report a problem
    9/27/2023Listing removed$620,000$130/sqft
    Source: PrimeMLS #4971740 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024-- $234,000
    2023-- $234,000
    2022-- $234,000

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $3,807/mo
    Principal & interest
    $2555
    Property taxes
    $1021
    Home insurance
    $231

      Climate risks

      Neighborhood: Rutland City

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Rutland Town School
      • Middle: Rutland Middle School
      • High: Rutland Senior High School
      • District: Rutland City School District

      Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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