Seller's Agent in 2026
Hughes Group Team
Casella Real Estate
(802) 770-4350
415 Total Sales
49 Terrill St Rutland, VT 05701
Rutland AreaEstimated Value: $457,000
12
Beds
6
Baths
6,390
Sq Ft
$72/Sq Ft
Est. Value
Highlights
- Tile Flooring
- Baseboard Heating
- Level Lot
About This Home
As of January 2026Don’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 Agent to Sell the Property
Casella Real Estate License #082.0134727 Listed on: 04/17/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,125
Year Built
- Built in 1910
Lot Details
- 27,878 Sq Ft Lot
- Level Lot
Home Design
- Concrete Foundation
- Slab 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
- No Cooling
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Propane
- Propane Water Heater
- Phone Available
Community Details
Overview
- 5 Units
Building Details
- Gross Income $75,600
- Net Operating Income $49,255
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 17, 2025
Closed on
Jan 23, 2026
Sold by
Bought by
Seller's Agent
Hughes Group Team
Casella Real Estate
Buyer's Agent
Hughes Group Team
Casella Real Estate
List Price
$499,000
Sold Price
$461,500
Premium/Discount to List
-$37,500
-7.52%
Views
1386
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,500
Avg. Annual Appreciation
-2.15%
Purchase Details
Closed on
Jan 22, 2025
Sold by
Bought by
Purchase Details
Listed on
Feb 2, 2023
Closed on
Mar 10, 2023
Sold by
Bought by
Seller's Agent
Morgan Medeiros
Casella Real Estate
Buyer's Agent
Hughes Group Team
Casella Real Estate
List Price
$375,000
Sold Price
$355,000
Premium/Discount to List
-$20,000
-5.33%
Views
68
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%
Purchase Details
Closed on
May 15, 2017
Sold by
Bought by
Purchase Details
Closed on
Oct 31, 2014
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $461,500 | -- | ||
| -- | -- | ||
| $355,000 | -- | ||
| $120,000 | -- | ||
| $120,000 | -- |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/27/2026 01/27/26 | Sold | $461,500 | -7.5% | $72 / Sq Ft | |
| 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
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | -- | $158,100 | $63,800 | $94,300 |
| 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 | $5,590 | $158,100 | $63,800 | $94,300 |
| 2017 | $5,672 | $180,300 | $63,800 | $116,500 |
| 2016 | $0 | $180,300 | $63,800 | $116,500 |
| 2015 | -- | $1,803 | $0 | $0 |
| 2014 | -- | $1,803 | $0 | $0 |
| 2013 | -- | $1,803 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Hughes Group Team
-
M
Seller's Agent in 2023
Morgan Medeiros
Casella Real Estate
Map
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 2026 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.
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