Rutland City, VT 05701,49 Terrill ST
Rutland City, VT 05701,49 Terrill ST
Rutland City, VT 05701,49 Terrill ST
Rutland City, VT 05701,49 Terrill ST
Rutland City, VT 05701,49 Terrill ST
Rutland City, VT 05701,49 Terrill ST
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Listed by Hughes Group Team • Casella Real Estate
$ 499,000
Est. payment | /mo

12 Beds

6 Baths

6,390 SqFt


Save
$ 499,000
Est. payment | /mo
Save

12 Beds

6 Baths

6,390 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,390 sqft

Price per Sqft $78

MLS Listing ID 5036788

Bedrooms 12

Full Baths 6

Construction Status Existing

Year Built 1910

Annual Tax Amount $6,125

Tax Year 2025

Lot Size 0.640 Acres

Acres 0.64

Property 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!

Location

State VT

County Vt-rutland

Area Vt-Rutland

Zoning unknown

Rooms

Basement Entrance Interior

Basement Concrete, Partial, Unfinished

Interior

Cooling None

Flooring Carpet, Laminate, Tile

Exterior

Garage Description Assigned, Off Street, Other, Parking Spaces 6+

Utilities Available Telephone Available

Roof Type Metal

Building

Story 2

Foundation Concrete, Slab w/ Frost Wall

Sewer Public

Architectural Style Multi-Family

Construction Status Existing

PrimeMLS
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P.O. Box 951, Wells, Maine, 04090, USA

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49 Terrill ST