2 days on Rocket
#5037586, Michael Gilman, Listing Office: 3GEN Real Estate Inc
#5036788·
Listing office: Casella Real Estate·
Listing agent: Hughes Group Team·
Listing office phone: 802-772-7487
$499,000 List price
49 Terrill St Rutland City, VT 05701
6,390 sqft
0.6 acres
$78 / sqft
Land
Property details
About 49 Terrill St
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!
Highlights
Home typeOther
HeatingPropane, Baseboard, Hot Water
StatusActive
Size6,390 sqft
BasementYes
Lot size0.64 Acres
Year built1910
ParkingAssigned, Off Street, Other, Parking Spaces 6+
MLS #5036788
Summary
- MLS Number: 5036788
- Office Name: Casella Real Estate
- Office Phone: (802) 772-7487
- Office Email: info@casellarealestate.com
- Listing Agent: Hughes Group Team
© Copyright 2025 PrimeMLS, 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 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.
Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/26/2025, 12:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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49 Terrill St
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Price information
Property sales
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Tax history
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Nearby schools
2
Rutland Intermediate School
Public District 3-6
0.6 mi
•63-65 Library Avenue
3
Clarendon Elementary School
Public District PK-6
3.2 mi
•84 Grange Hall Rd
7
Lothrop Elementary School
Public District PK-6
7.1 mi
•3447 US Route 7
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,200. Typical income of Rutland City, VT residents is less than $<35k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
53%
<35k
45%
35k-100k
1%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
61%
Single, No Kids
10%
Single, with Kids
15%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
7%
12-17 yrs old
21%
18-34 yrs old
42%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Pro Boxing
NHRA Drag Racing
Where do the neighbors shop?
Chico's
Burlington
Big Lots
Where do the neighbors go to eat?
Bob Evans
Popeyes
Golden Corral
What do the neighbors drive?
Oldsmobile
Dodge
Kia
What do the neighbors listen to?
News
Urban Contemporary
Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 49 Terrill St
This home is located at 49 Terrill St in Rutland City, VT and zip code 05701. This 6,390 square foot home, which was built in 1910, sits on a 0.64 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 17, 2025 and is currently priced at $499,000.
In March 2025 more than 1 listings in Rutland City, VT were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 9 were sold below. The number of listings in Rutland City, VT decreased by 4.3% between February and March 2025.
From Rocket Homes Real Estate and based on county public records data.