49 Terrill
Rutland City, VT 05701
- – beds
- – baths
- 6,390 sqft
- ~3/4 acre lot
- $78 per sqft
- 1910 build
- – on site
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!
Last checked:
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Last updated Apr 17, 2025
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MLS# 5036788 —
The Building
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Year Built:1910
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Pre-Construction:No
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Construction Status:Existing
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Construction Materials:Wood Frame, Cedar Exterior, Vinyl Exterior
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Architectural Style:Multi-Family
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Roof:Metal
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Foundation:Concrete, Slab w/ Frost Wall
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Total Stories:2
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Total Units:5
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Approx SqFt Total:7254
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Approx SqFt Total Finished:6,390 Sqft
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Approx SqFt Finished Above Grade:6,390 Sqft
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Approx SqFt Finished Below Grade:0 Sqft
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Approx SqFt Unfinished Above Grade Source:Other
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Approx SqFt Unfinished Below Grade:864
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Approx SqFt Finished Building Source:Other
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Approx SqFt Unfinished Building Source:Public Records
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Approx SqFt Finished Above Grade Source:Public Records
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Road Frontage Type:Paved, Public
Interior
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Flooring:Carpet, Laminate, Tile
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Basement:Yes
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Basement Description:Concrete, Partial, Unfinished
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Basement Access Type:Interior
Location
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Directions:From the intersection of US 7 and Terrill Street, 2 1/2 blocks down, on North side of Terrill Street.
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Latitude:43.609722463470867
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Longitude:-72.968061000000020
The Property
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Property Class:Multi-Family
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Seasonal:No
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Lot Features:City Lot, Level
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Lot SqFt:27,878 Sqft
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Lot Acres:0 Sqft
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Zoning:unknown
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Driveway:Gravel
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Road Frontage:Yes
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Road Frontage Length:100 Sqft
Listing Agent
- Contact info:
- Office phone:
- (802) 772-7487
Taxes
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Tax Year:2025
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Taxes TBD:No
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Tax - Gross Amount:$6,125.24
Beds
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Bedrooms - Level 4:5
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Total 2 Bedroom Units:3
Baths
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Total Full Baths:5
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Full Baths Size:0 Sqft
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Three Quarter Baths:4
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Three Quarter Baths Size:1 Sqft
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Unit 1 Baths:1
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Unit 2 Baths:1
The Listing
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Price Per SqFt:78.09
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Foreclosed/Bank-Owned/REO:No
Heating & Cooling
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Heating:Propane, Baseboard, Hot Water
Utilities
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Utilities:Telephone Available
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Sewer:Public
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Electric:Circuit Breaker(s)
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Water Source:Public
Appliances
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Appliances:Water Heater – Electric, Water Heater–Gas–LP/Bttle
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Total Refrigerators:5
The Community
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Condo Name:Monthly
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Covenants:Unknown
Parking
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Parking:Assigned, Off Street, Other, Parking Spaces 6+
Extra Units
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Unit 1 Rooms:4
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Unit 1 Bedrooms:2
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Unit 2 Bedrooms:3
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Total 3+ BR Units:2
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Unit 3 Rooms:4
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Unit 3 Bedrooms:2
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Unit 3 Baths:1
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Unit 4 Bedrooms:2
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Unit 4 Baths:2
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Unit 5 Rooms:5
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Unit 5 Bedrooms:3
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Unit 5 Baths:1
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Unit 1 Info:Appliances Included, Electric, Heat Included
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Unit 2 Info:Appliances Included, Electric, Heat Included
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Unit 3 Info:Appliances Included, Electric, Heat Included
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Unit 5 Info:Appliances Included, Heat Included
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/17/25
Apr 17, 2025
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Listed / Active | PRIME_MLS | $499,000 | 40.6% (20.2% / YR) |
4/14/23
Apr 14, 2023
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PRIME_MLS | $355,000 | -5.3% | |
2/9/23
Feb 9, 2023
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PRIME_MLS | $375,000 |