49 Terrill St Rutland, VT 05701
Estimated payment $3,135/month
Total Views
98,800
12
Beds
6
Baths
6,390
Sq Ft
$78
Price per Sq Ft
Highlights
- Tile Flooring
- Baseboard Heating
- Level Lot
About This Home
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!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,125
Year Built
- Built in 1910
Lot Details
- 0.64 Acre Lot
- Level Lot
Home Design
- Concrete Foundation
- Wood Frame Construction
- Metal Roof
- Cedar Siding
- Vinyl Siding
Interior Spaces
- Property has 2 Levels
- Basement
- Interior Basement Entry
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 12 Bedrooms
- 6 Bathrooms
Parking
- Gravel Driveway
- Off-Street Parking
- Assigned Parking
Location
- City Lot
Utilities
- Baseboard Heating
- Hot Water Heating System
Community Details
Overview
- 5 Units
Building Details
- Gross Income $75,600
- Net Operating Income $49,255
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | -- | $158,100 | $63,800 | $94,300 |
| 2023 | -- | $158,100 | $63,800 | $94,300 |
| 2022 | $5,459 | $158,100 | $63,800 | $94,300 |
| 2021 | $5,528 | $158,100 | $63,800 | $94,300 |
| 2020 | $5,479 | $158,100 | $63,800 | $94,300 |
| 2019 | $5,343 | $158,100 | $63,800 | $94,300 |
| 2018 | $5,351 | $158,100 | $63,800 | $94,300 |
| 2017 | $5,681 | $180,300 | $63,800 | $116,500 |
| 2016 | $5,664 | $180,300 | $63,800 | $116,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/17/2025 04/17/25 | For Sale | $499,000 | +40.6% | $78 / Sq Ft | |
| 04/14/2023 04/14/23 | Sold | $355,000 | -5.3% | $56 / Sq Ft | View Prior Sale |
| 02/09/2023 02/09/23 | Pending | -- | -- | -- | |
| 02/02/2023 02/02/23 | For Sale | $375,000 | -- | $59 / Sq Ft |
Source: PrimeMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Deed | $355,000 | -- | |
| Deed | $355,000 | -- | |
| Deed | $120,000 | -- | |
| Deed | $120,000 | -- | |
| Deed | $120,000 | -- |
Source: Public Records
About the Listing Agent
Hughes Group's Other Listings
Source: PrimeMLS
MLS Number: 5036788
APN: 540-170-15902
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Nearby Homes
- 23 Terrill St
- 10 Sheldon Place
- 10 S Main St
- 28 E Washington St
- 22 E Washington St
- 64 Bellevue Ave
- 8 Sargent Ave
- 70 N Main St
- 0 Engrem Ave Unit 5071424
- 23 Washington St
- 115 Killington Ave
- 78 Engrem Ave Unit 8
- 8 Belmont Avenue Extension
- 18 Piedmont Dr
- 86 S Main St
- 48 Church St
- 56 Church St
- 48 Kendall Ave
- 50 Chestnut Ave
- 119 N Main St
- 38 East St Unit 2
- 2 East St Unit 1st Floor
- 71 N Main St Unit 1
- 13 Church St
- 52 Chestnut Ave Unit 4
- 20 Royce St Unit 2nd Floor
- 79 Pine St Unit 6
- 17 Kingsley Ct Unit 3
- 290 Killington Ave
- 196 W Ridge Terrace Unit Upper Room
- 117 Park St
- 23 Proctor St Unit 1
- 2058 E Clarendon Rd
- 35 Meadow Ln
- 85 Main St
- 237 Ellison's Lake Rd
- 145 Main St Unit 216
- 148 E Hill Rd
- 21 Central St Unit 3rd floor
- 214 Main St