H
Seller's Agent in 2025
Hughes Group Team
Casella Real Estate
49 Terrill St Rutland, VT 05701
12
Beds
5
Baths
6,390
Sq Ft
0.64
Acres
Highlights
- Landscaped
- High Speed Internet
- Level Lot
- Baseboard Heating
About This Home
As of April 2023Investors take notice! This well maintained 5 unit apartment building has a cap rate of over 10% and rents have the potential to be increased. Four out of the five units have been renovated in the last five years including flooring, replacement windows and new appliances. A high efficiency propane boiler was installed in 2018. Located on a .64 acre city lot, the building has a large shared backyard as well as three units having separate fenced in outdoor living spaces. Each unit has two off street parking spots. The building has shared coin op washers and dryers as well as separate indoor storage units. All units are occupied with many long term tenants. Currently utilities are included for all units except unit 5 pays for electric. However, unit 5 and 6 have separate heat and electric that tenants could pay.
Last Agent to Sell the Property
Morgan Medeiros
Casella Real Estate License #082.0134743 Listed on: 02/02/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,459
Year Built
- Built in 1910
Lot Details
- 0.64 Acre Lot
- Landscaped
- Level Lot
Home Design
- Concrete Foundation
- Slab Foundation
- Wood Frame Construction
- Metal Roof
- Vinyl Siding
- Cedar
Interior Spaces
- 2-Story Property
Unfinished Basement
- Partial Basement
- Interior Basement Entry
Parking
- 6 Car Parking Spaces
- Gravel Driveway
- Shared Driveway
- Off-Street Parking
- Assigned Parking
Utilities
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Gas
- 200+ Amp Service
- Liquid Propane Gas Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Exclusions: Washer, dryer and dishwasher in Unit 6 are tenant owned.
Community Details
Overview
- 5 Units
Building Details
- Gross Income $65,100
- Net Operating Income $39,935
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 22, 2025
Sold by
Pineapple Properties Llc
Bought by
49 Terrill Street Trust
Purchase Details
Listed on
Feb 2, 2023
Closed on
Mar 10, 2023
Sold by
Cvterrill Llc
Bought by
Pineapple Properties Llc
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
15.40%
Purchase Details
Closed on
May 15, 2017
Sold by
Lamay Alden
Bought by
Cvterrill Llc
Purchase Details
Closed on
Oct 31, 2014
Sold by
Whitney Stanley M and Whitney Joan L
Bought by
Lamay Alden
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
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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 02/09/2023 02/09/23 | Pending | -- | -- | -- |
| 02/02/2023 02/02/23 | For Sale | $375,000 | -- | $59 / Sq Ft |
Source: PrimeMLS
Tax History Compared to Growth
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
Agents Affiliated with this Home
-
-
M
Seller's Agent in 2023
Morgan Medeiros
Casella Real Estate
Map
Source: PrimeMLS
MLS Number: 4942230
APN: 540-170-15902
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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.
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