46 Terrill St

Rutland, VT 05701

$659,000
Price
12
Beds
6
Baths
4,772 Sq. Ft.
$138 / Sq. Ft.
4,772
Sq. Ft.
$138
per Sq. Ft.
New
New

Description

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...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.
  1. Listed by Betsy Adamovich • Real Broker LLC

Property Details for 46 Terrill Street

Zoning
Residential
LISTING UPDATED: 02/03/2026 06:44 PM

Property Details for 46 Terrill Street

StatusActive
MLS #5075586
Days on MarketListed Today
Taxes$9,549 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1900
Lot Size0.17 AC / 7,405 SF
CountyRutland County

Location

Listing Courtesy of Real Broker LLC
Add your commute

Building Information for 46 Terrill Street

Stories2Residences6Year Built1900Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$4,008 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,212

Property Taxes

$796

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 46 Terrill Street

Summary
Location and General Information
  • City: Rutland City
  • County: VT-Rutland
  • Latitude: 43.609201305003168
  • Longitude: -72.968135000000004
  • Road Frontage: TBD
  • Seasonal: No
  • State: VT
  • Street Designation: Street
  • Zip Code: 05701
Taxes and HOA Information
  • SPAN Number: 540-170-12691
  • Tax Year: 2025
  • Taxes TBD: No
Parking
  • Garage: No
  • Driveway: Gravel
Property
Lot Information
  • Lot Features: City Lot
  • Lot Size Acres: 0.17
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: No
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1900
Utilities
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Public
  • Utilities: Telephone Available
  • Total Electric Meters: 6
  • Internet: High Speed Intrnt Avail
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame, Vinyl Siding
  • Roof: Asphalt Shingle
  • Total Ranges: 6
Interior Features
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Heating: Propane, Baseboard, Forced Air, Hot Water
  • Cooling: None
  • Total Refrigerators: 6
  • Total Stories: 2
Multi Family
Income & Expenses Information
  • Gross Income: $110,100.00
  • Net Income: $90,991.00
  • Operating Expense Incl: Heat, Insurance, Water/Sewer
  • Operating Expense: $19,109
Multi-Family Information
  • Total Units: 6
  • Total 1 BR Units: 0
  • Total 2 BR Units: 6
  • Total 3+ BR Units: 0
Unit Information
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Lease Term: Annual
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Status: Leased
  • Unit 1 Rooms: 5
  • Unit 1 Rental Amount: $1,200.00
Unit 2
  • Unit 2 Lease Term: Annual
  • Unit 2 Baths: 1
  • Unit 2 Rooms: 4
  • Unit 2 Status: Leased
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Bedrooms: 2
  • Unit 2 Rental Amount: $1,300.00
Unit 3
  • Unit 3 Lease Term: Annual
  • Unit 3 Baths: 1
  • Unit 3 Rooms: 4
  • Unit 3 Rental Amt Freq: Monthly
  • Unit 3 Status: Leased
  • Unit 3 Bedrooms: 2
  • Unit 3 Rental Amount: $1,575.00
Unit 4
  • Unit 4 Lease Term: Annual
  • Unit 4 Rental Amt Freq: Monthly
  • Unit 4 Rooms: 4
  • Unit 4 Baths: 1
  • Unit 4 Bedrooms: 2
  • Unit 4 Status: Leased
  • Unit 4 Rental Amount: $1,800.00
Unit 5
  • Unit 5 Rental Agreement: Yes
  • Unit 5 Rental Amt Freq: Monthly
  • Unit 5 Status: Leased
  • Unit 5 Baths: 1
  • Unit 5 Bedrooms: 2
  • Unit 5 Rooms: 4
  • Unit 5 Lease Term: Annual
  • Unit 5 Rental Amount: $1,500.00
Unit 6
  • Unit 6 Rental Agreement: Yes
  • Unit 6 Lease Term: Annual
  • Unit 6 Baths: 1
  • Unit 6 Bedrooms: 2
  • Unit 6 Rooms: 4
  • Unit 6 Rental Amt Freq: Monthly
  • Unit 6 Status: Leased
  • Unit 6 Rental Amount: $1,800.00

Property History for 46 Terrill Street

DateEvent & SourcePriceAppreciation
Feb 3, 2026

Listed (Active)

New England Real Estate Network #5075586

$659,000—
May 6, 2024

Expired

New England Real Estate Network #4987686

—
Mar 12, 2024

Listed (Active)

New England Real Estate Network #4987686

$620,000—
Dec 30, 2023

Expired

New England Real Estate Network #4971740

—
Sep 26, 2023

Listed (Active)

New England Real Estate Network #4971740

$620,000—
DateEvent & SourcePrice
02/03/2026

Listed (Active)

New England Real Estate Network #5075586

$659,000
05/06/2024

Expired

New England Real Estate Network #4987686

—
03/12/2024

Listed (Active)

New England Real Estate Network #4987686

$620,000
12/30/2023

Expired

New England Real Estate Network #4971740

—
09/26/2023

Listed (Active)

New England Real Estate Network #4971740

$620,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 46 Terrill Street

Taxable ValueLand$73,200Additions$160,800Total$234,000
Home Facts
Lot Size7,405 SqFtStyleMulti-Family Res (5+ Units)CountyRUTLANDAPN(170) 12691

Schools near 46 Terrill Street

This home is within Rutland City School District.
Rating
School
Type
Grades
Distance
Rutland Intermediate School
Public - 3 to 6
Rutland Middle School
Public - 7 to 8
Rutland Senior High School
Public - 9 to 12
Rutland Northeast Primary School
Public - PK to 2
Rating
School
Distance
Rutland Intermediate School
Public3 to 6

Rutland Middle School
Public7 to 8

Rutland Senior High School
Public9 to 12

Rutland Northeast Primary School
PublicPK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

More information about 46 Terrill Street, Rutland, VT 05701

46 Terrill Street is a multi-family home for sale in Rutland, VT 05701. This listing's school district is Rutland City School District. Nearby schools include Rutland Intermediate School, Rutland Middle School and Rutland Senior High School. 46 Terrill Street is a 12-bed, 6-bath, 4,772 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker LLC

Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site 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 02/03/2026 07:07 PM