49 Terrill St

Rutland VT 05701

7254 sq. ft.

27878 sq. ft.

Multi-Family

Last sold for $461,500

Hughes Group Team, last sold this property on 27 January 2026 after 807 days on market.

Overview

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!

Features

12 bedrooms

6 bathrooms

7254 sq. ft. floor area

27878 sq. ft. lot size

Multi-Family

Estimated Value

We need at least 3 similar 12 bedroom multi families sold in Rutland over the last 12 months.

Property history for 49 Terrill St

2026

Sold

$461,500

27 Jan 2026 by Hughes Group Team, of Casella Real Estate

2023

Sold

$355,000

14 Apr 2023 by Morgan Medeiros, of Casella Real Estate

2017

Sold

$120,000

15 May 2017 by Rebecca Woodard, of Blue Ridge Real Estate

Happy sellers in Rutland

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.