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  • Listed by: 

    Hughes Group Team,

    Casella Real Estate 802-772-7487

    $499,000

    49 Terrill Street, Rutland City, VT 05701

    12beds
    6,390sqft
    : 
    Multi Family
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $78/sqft
    $-- HOA

    What's special

    Don’t miss this prime investment opportunity! This well-maintained 5-unit multifamily property offers an impressive 9.8% cap rate and features a desirable unit mix of three 2-bedroom apartments and two spacious 3-bedroom apartments, ensuring strong rental demand. Situated in a convenient location within walking distance to downtown shops and restaurants, the property appeals to both long-term tenants and short-term renters alike. Tenants enjoy plenty of off-street parking, shared coin-operated laundry facilities, and indoor storage units—key amenities that enhance both functionality and value. Currently, utilities are included in the rent for all units except Unit 5, which pays for their own electricity. Units 5 and 6 are already configured to allow tenants to pay their own heat and electric, offering future potential to reduce operating costs and increase net income. Whether you're a seasoned investor or just entering the multifamily space, this is a rare chance to own a high-yielding property in a desirable area. Schedule your private showing today!
    13 days
    on Zillow
    |
    517
    |
    34
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 23, 2025 at 06:37am

    Listed by:

    Hughes Group Team,

    Casella Real Estate 802-772-7487

    Source: PrimeMLS,MLS#: 5036788MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 49 Terrill Street.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 6
    • Full bathrooms: 5
    Heating
    • Propane, Baseboard, Hot Water
    Cooling
    • None
    Features
    • Flooring: Carpet, Laminate, Tile
    • Basement: Concrete,Partial,Unfinished,Interior Entry
    Interior area
    • Total structure area: 7,254
    • Total interior livable area: 6,390 sqft
    • Finished area above ground: 6,390

    Property

    Parking
    • Total spaces: 6
    • Parking features: Gravel, Assigned, Off Street, Other, Parking Spaces 6+
    Features
    • Levels: Two
    • Frontage length: Road frontage: 100
    Lot
    • Size: 0.64 Acres
    • Features: City Lot, Level
    Details
    • Parcel number: 54017015902
    • Zoning description: unknown

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Cedar Exterior, Vinyl Exterior
    • Foundation: Concrete, Slab w/ Frost Wall
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1910

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Phone Available, High Speed Intrnt -Avail

    Community & HOA

    Location
    • Region: Rutland

    Financial & listing details

    • Price per square foot: $78/sqft
    • Tax assessed value: $158,100
    • Annual tax amount: $6,125
    • Date on market: 4/17/2025
    • Road surface type: Paved
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