49 Terrill Street Rutland City, VT 05701
12 bed / 6 bath / 6,390 Sq. Ft. / 27,878 Sq. Ft., 0.64 acres lot size / Multi-Family
Listing Courtesy of: Hughes Group Team - Casella Real Estate +1 802 772 7487
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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!
property details
Type
Multi-Family
Status
Active
County
VT-Rutland
Year Built
1910
Beds
12
Sq. Ft.
7,254
Lot Size
27,878 Sq. Ft., 0.6 acres
Listing Id
5036788
Courtesy Of
Hughes Group Team - Casella Real Estate +1 802 772 7487
List Office Phone
+1 802 772 7487
Interior Features
Flooring
Tile
Laminate
Carpet
Laminate
Carpet
Living Area Units
Sq. Ft.
Bathrooms Total
6
Exterior Features
Roof
Metal
Lot/Land Description
Level
Parking
Gravel
Off Street
Assigned
Other
Off Street
Assigned
Other
Stories
2
Utility & Building Info
Sewer
Public Sewer
Parcel Number
540-170-15902
Water Source
Public Water
Heating
Baseboard
Hot Water
Hot Water
Tax Amount
6125
Building Area Total
7,254 Sq. Ft.
Above Grade Finished Area
6390 Sq. Ft.
Price Per Sq Ft
$69
Architectural Style
2 Story
Copyright © 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 10/19/2025 2:00 AM.
Price History
| date | event | price | source |
|---|---|---|---|
|
09/05/2025
09/05/2025
|
Active |
$499,000
|
PrimeMLS |
|
08/19/2025
08/19/2025
|
Pending |
$499,000
|
PrimeMLS |
|
04/17/2025
04/17/2025
|
Active |
$499,000
|
PrimeMLS |
View More
Market Trends
Source: Constellation1
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