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49 Terrill Street, 
Rutland City, VT 05701

$499,000


Bed


Bath


6,390

Sq Ft


Multi-Family

Active

Listed by

Hughes Group Team

Casella Real Estate

802-772-7487

Last updated:

July 18, 2025, 10:18 AM

MLS#

5036788

Source:

PrimeMLS

About This Home

49 Terrill Street

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!

Home Facts

Multi-Family

Built in 1910

Price Summary

499,000

$78 per Sq. Ft.

MLS #:

5036788

Last Updated:

July 18, 2025, 10:18 AM

Added:

3 month(s) ago


Rooms & Interior

Interior

Living Area:

6,390 Sq. Ft.


Structure

Structure

Building Area:

7,254 Sq. Ft.

Year Built:

1910


Lot

Lot Size (Sq. Ft):

27,878


Finances & Disclosures

Finances

Price:

$499,000

Price per Sq. Ft:

$78 per Sq. Ft.

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Copyright 2025 Prime MLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Prime MLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated July 22, 2025

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