49 Terrill StreetRutland City, VT 05701MLS Number 5036788

Price: $499,000
Est. Mortgage of $/month
26 Days on Market

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!

More Info

Tax Information

Tax Year2025

Building

Year Built1910
Building ConstructionWood Frame, Cedar Exterior, Vinyl Exterior
StyleMulti-Family
Units5
Unit 1 Bath1
Unit 1 Bedrooms2
Unit 1 Floor Location1
Unit 1 Total Rooms4
Unit 2 Bath1
Unit 2 Bedrooms3
Unit 2 Floor Location2
Unit 2 Total Rooms5
Unit 3 Bath1
Unit 3 Bedrooms2
Unit 3 Floor Location2
Unit 3 Total Rooms4
Unit 4 Bath2
Unit 4 Floor Location1 and 2
Unit 4 Total Rooms4
Unit 5 Baths1
Unit 5 Bedrooms3
# of 2 Bedrooms3
# of 3+ Bedrooms2
Bathroom5
Total Baths5
BasementConcrete, Partial, Unfinished
FoundationConcrete, Slab w/ Frost Wall

Basic Information

Virtual TourView Tour
StatusACT
List Price$499,000
Date Price Change04/17/2025
MLS Number5036788
MLS StatusActive

Interior

FloorsCarpet, Laminate, Tile

Exterior

RoofMetal

Utilities

Heat SystemPropane, Baseboard, Hot Water
WaterPublic
Water HeaterWater Heater – Electric, Water Heater–Gas–LP/Bttle
ElectricCircuit Breaker(s)
SewerPublic
UtilitiesTelephone Available

Location

TownRutland City
StateVT
Zip05701
CountyRutland
Zoningunknown
Address49 Terrill Street
Flood Zone Y/NUnknown

Property

Acreage0.64
GarageNo
Parking Spaces
Lot DescriptionCity Lot, Level
Square Feet6,390
APX Fin AG Sqft6,390
Road Frontage100
RoadsPaved, Public
AreaVT-Rutland

Amenities

PricePerSqFt78.09

Other

Taxes$6,125.24
Seasonal Y/NNo
Date Listed04/17/2025
Unit 1 Deposit$1,125
Unit 2 Rent Amount$1,350
Unit 3 Rent Amount$1,150
Unit 4 Rent amount$1,700
Unit 5 Rent amount$975

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 May 13, 2025 8:55 AM EDT

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49 Terrill StreetRutland City, VT 05701MLS Number 5036788

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