49 Terrill ST new Save Request In-Person Tour Request Virtual Tour
Rutland City,VT 05701
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