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46 Terrill Street

Rutland VT 05701

12
6
5588 sq. ft.
7405 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Exceptional 13.8% cap rate! Fantastic Multi-Family Investment Opportunity in Rutland City. Well-located and recently renovated 6-unit multifamily property in Rutland City, now fully occupied. The building includes six 2-bedroom, 1-bath units and is positioned to generate $110,100 in annual gross income with a net operating income of $90,991 at current rents and expenses. At the current asking price, this equates to an approximate 13.8% cap rate, making this a standout opportunity for cash-flow-focused investors. Located within walking distance to downtown Rutland, the property benefits from strong rental demand thanks to easy access to public transportation, restaurants, retail, and essential services. With stabilized occupancy in place, this property offers immediate income along with future upside through rent growth or operational efficiencies. A compelling option for investors seeking a high-yield, income-producing asset in a dependable Vermont rental market.

Features

12 bedrooms
6 bathrooms
5588 sq. ft. floor area
7405 sq. ft. lot size
Multi-Family

Property history for 46 Terrill Street

2022
Sold
$216,000
14 Feb 2022

Happy sellers in Rutland

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We have insufficient information to provide an overview of customer satisfaction for Rutland. Viewing the agent profiles, reviews and sales for Rutland can provide insights for this location.

Local market activity for 12 bedroom multi families in Rutland

In the last 12 months, 1 numeral.12-bedroom multi family similar to 46 Terrill Street, have been sold.

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Sales:
(619) 566-0008
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