#5017747, Betsy Adamovich, Listing office: Real Broker LLC

49 Terrill St Rutland City, VT 05701
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
Summary
- Basement: Yes
- Flooring Type: Carpet, Laminate, Tile
- Heating: Propane, Baseboard, Hot Water
- Cooling: None
- List Price: $499,000
- Price/SqFt: $78
- Directions: From the intersection of US 7 and Terrill Street, 2 1/2 blocks down, on North side of Terrill Street.
- Year Built: 1910
- Stories: 2
- Living Area: 6,390 SqFt
- Lot Size: 0.64 Acres
- MLS Number: 5036788
- Office Name: Casella Real Estate
- Office Phone: (802) 772-7487
- Office Email: info@casellarealestate.com
- Listing Agent: Hughes Group Team
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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. Residents of Rutland City, VT typically earn less than $<35k each year. Most families are single, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 49 Terrill St
The listing price of 49 Terrill St property is $499,000.
The property 49 Terrill St is land located in Rutland City, Vermont, 05701.
Active Listing: 49 Terrill St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 49 Terrill St are: Rutland Intermediate School (GreatSchools Rating 2/10), Clarendon Elementary School (GreatSchools Rating 3/10), Lothrop Elementary School (GreatSchools Rating 7/10), Rutland Middle School (GreatSchools Rating 2/10), Fair Haven Grade School (GreatSchools Rating 3/10), Orwell Village School (GreatSchools Rating 7/10), Rutland High School (GreatSchools Rating 5/10), West Rutland School (GreatSchools Rating 4/10), Mill River Union High School (GreatSchools Rating 3/10).
The property 49 Terrill St is 0.64 acres.
The property 49 Terrill St is 6,390 SqFt (source: MLS/tax record).
The year of construction for 49 Terrill St is 1910.
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 June 2025 more than 2 listings in Rutland City, VT were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 5 were sold below. The number of listings in Rutland City, VT increased by 13.3% between May and June 2025.