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!
Active
Listed by:
Hughes Group Team,
Casella Real Estate 802-772-7487
$499,000
49 Terrill Street, Rutland City, VT 05701
12beds
6,390sqft
Est.:
Multi Family
Built in 1910
-- sqft lot
$-- Zestimate®
$78/sqft
$-- HOA
What's special
- 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#: 5036788

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
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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