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  • Listed by: Real Broker LLC
    $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.
    46 days
    |
    310
    |
    9
    |

    Zillow last checked: 7 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
        9/27/2023Listed for sale$620,000+187%$130/sqft
        Source: PrimeMLS #4971740 Report a problem
        2/14/2022Sold$216,000-16.9%$45/sqft
        Source: Public Record Report a problem
        1/5/2006Sold$260,000+131.1%$54/sqft
        Source: Public Record Report a problem
        3/18/2002Sold$112,500+230.9%$24/sqft
        Source: Public Record Report a problem
        9/17/1987Sold$34,000$7/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024-- $234,000
        2023-- $234,000
        2022-- $234,000
        2021-- $234,000
        2020-- $234,000
        2019-- $234,000
        2018-- $234,000
        2017-- $234,000
        2016-- $234,000 +9900%
        2015-- $2,340
        2014-- $2,340
        2013-- $2,340
        2012-- $2,340
        2011-- $2,340
        2010-- $2,340
        2009-- $2,340
        2008-- $2,340
        2007-- $2,340

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $4,419/mo
        Principal & interest
        $3398
        Property taxes
        $1021
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          Climate risks

          Neighborhood: Rutland City

          Getting around

          80 / 100
          Very Walkable
          46 / 100
          Somewhat Bikeable

          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.

          Local experts in 05701