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  • Listed by: 

    Hughes Group Team,

    Casella Real Estate 802-772-7487

    Bought with: Casella Real Estate
    $461,500

    49 Terrill Street, Rutland City, VT 05701

    12beds
    6,390sqft
    Multi Family
    Built in 1910
    -- sqft lot
    $461,700 Zestimate®
    $72/sqft
    $1,804 Estimated rent

    Home value

    $461,700

    $406,000 - $526,000

    $1,804/mo

    Zestimate® history
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    $1,804/mo

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    Rent Zestimate®

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    $2,666/mo

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    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!

    Zillow last checked: 8 hours ago

    Listing updated: January 27, 2026 at 08:22am

    Listed by:

    Hughes Group Team,

    Casella Real Estate 802-772-7487

    Bought with:

    Hughes Group Team

    Casella Real Estate

    Source: PrimeMLS,MLS#: 5036788MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 6
    • Full bathrooms: 5
    Heating
    • Propane, Baseboard, Hot Water
    Cooling
    • None
    Appliances
    • Included: Electric Water Heater, Propane Water Heater
    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
    • Finished area below ground: 0

    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

    Community & neighborhood

    Location
    • Region: Rutland

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    1/27/2026Sold$461,500-7.5%$72/sqft
    Source: PrimeMLS #5036788 Report a problem
    7/31/2025Listing removed$1,150
    Source: PrimeMLS #5049889 Report a problem
    7/3/2025Listed for rent$1,150
    Source: PrimeMLS #5049889 Report a problem
    4/17/2025Listed for sale$499,000+40.6%$78/sqft
    Source: PrimeMLS #5036788 Report a problem
    4/14/2023Sold$355,000-5.3%$56/sqft
    Source: PrimeMLS #4942230 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $158,100
    2023-- $158,100
    2022-- $158,100

    Find assessor info on the county website

    Neighborhood: Rutland City

    Nearby schools

    GreatSchools rating
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