49 Terrill Street Rutland City VT 05701 Multi Family $499,000

$499,000 | $78 per sq.ft. A 5 Unit Multi Family Home, in Rutland City VT With 3 - Two Bedroom Units | 2 - Three Bedroom Units MLS# 5036788

Listed by Hughes Group Team Casella Real Estate on April 17th 2025
49 Terrill Street Rutland City VT 05701

DESCRIPTION

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!
Appliances : Water Heater � Electric | Water Heater�Gas�LP/Bttle
Gross Income : $75600
Net Income: $

To see this Listing
Phone:603-542-5188
To email us this listing

UNIT 1 INFORMATION Beds: 2 Baths: 1 Rooms: 4 Level: 1 Info : Appliances Included,Electric,Heat Included Rent : 1125.00 Monthly Lease Term : Month to Month Signed Lease : Yes	UNIT 2 INFORMATION Beds: 3 Baths: 1 Rooms: 5 Level: 2 Info : Appliances Included,Electric,Heat Included Rent : 1350.00 Monthly Lease Term : Month to Month Signed Lease : Yes	UNIT 3 INFORMATION Beds: 2 Baths: 1 Rooms: 4 Level: 2 Info : Appliances Included,Electric,Heat Included Rent : 1150.00 Monthly Lease Term : Annual Signed Lease : Yes Status : Leased	UNIT 4 INFORMATION Beds: 2 Baths: 2 Rooms: 4 Level: 1 and 2 Rent : 1700.00 Monthly Status : Vacant
UNIT 5 INFORMATION Beds: 3 Baths: 1 Rooms: 5 Level: 1 & 2 Info : Appliances Included,Heat Included Tenant Pays : Electric Rent : 975.00 Monthly Lease Term : Month to Month Signed Lease : Yes

CONSTRUCTION

Wood Frame | Cedar Exterior | Vinyl Exterior | Year Built: 1910
No. of Floors:2
Total Sq.Ft. Finished: 6390
Above Grade Sq.Ft.: 6390
Price Per SQ.FT. 78.09
Basement: Concrete | Partial | Unfinished
Foundation: Concrete | Slab w/ Frost Wall
Heating: Propane | Baseboard | Hot Water
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Telephone Available
Electric Meters:

Style: Multi-Family
Roof: Metal
Water: Public
Sewer: Public
Garage And Parking: Assigned | Off Street | Other | Parking Spaces 6+
Seasonal: No

LAND LOT INFORMAITION

Lot Description: City Lot | Level
Lot size: 0.64 acres
Zoned: unknown
Surveyed: Unk
Flood Zone: Unknown
Road Frontage: 100
Driveway: Gravel

PROPERTY INFORMATION

Taxes $6,125

AREA INFORMATION

Serving the needs of Buyers and Sellers in New Hampshire and Vermont since 1971 © May0425
Town & Country Realty Claremont 26 Tremont Street Claremont, NH 03743 Telephone (603) 542-5188 (800) 542-5188 Fax (603) 542-6873 info@townandcountryrealty.com	Check out Town & Country Realty Assoc on Yelp	Town & Country Realty Ascutney PO Box 280 Rte 5 Ascutney, VT 05030 Telephone (802) 674-6311 (800) 542-5188 Fax (603) 674-6120 vtinfo@townandcountryrealty.com
	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. Data last updated May 4th, 2025 VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM Designed and Hosted by Business Services Consultants This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

We serve the following towns. Click town name to see all real estate currently for sale.
Greater Claremont Area		Upper Valley Area		Dartmouth Region
New Hampshire	Vermont	New Hampshire	Vermont	Lake Sunapee Region
Claremont NH	Ascutney VT	Canaan NH	Hartland VT	Sunapee NH
Alstead NH	Bellows Falls Area	Enfield NH	Norwich VT	Newbury NH
Charlestown NH	Brownsville VT	Grantham NH	Sharon VT	New London NH
Cornish NH	Reading VT	Hanover NH	Thetford VT	Springfield NH
Croydon NH	Springfield VT	Lebanon NH	Quechee VT
Newport NH / Goshen NH	Weathersfield VT	Lyme NH	Hartford / White River Jct. VT
Unity NH / Acworth NH	Windsor VT	Plainfield NH	Woodstock VT