49 Terrill Street

Closed 1/27/26
Closed 1/27/26
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Sold
Last Sold Price
$461,500
12 beds6,390 sqft$72/sqft
49 Terrill St, Rutland, VT 05701
Multi FamilyProperty Type
0.64 acresLot Size
1910Year Built
$72/sq ftPrice per sq ft
6 carsParking Spaces

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...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!

    Sold By Casella Real Estate

    • Listed by: Hughes Group Team • Casella Real Estate
    Listing closed: 01/27/2026 12:00 AM • Source: New England Real Estate Network, MLS#: 5036788
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    $2,856 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $2,346

    Property Taxes

    $510

    HOA Dues

    $0

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    Property Information for 49 Terrill Street

    Property Details
    Building Information
    • Stories: 2
    • Residences: 5
    • Year Built: 1910
    • Lot Size: 0.64 AC / 27,878 SF
    Summary
    Location and General Information
    • City: Rutland City
    • County: VT-Rutland
    • Directions: From the intersection of US 7 and Terrill Street, 2 1/2 blocks down, on North side of Terrill Street.
    • Latitude: 43.609722463470867
    • Longitude: -72.968061000000020
    • Road Frontage: Yes
    • Seasonal: No
    • State: VT
    • Street Designation: Street
    • Zip Code: 05701
    Taxes and HOA Information
    • SPAN Number: 540-170-15902
    • Tax Year: 2025
    • Taxes TBD: No
    Parking
    • Garage: No
    • Driveway: Gravel
    Property
    Lot Information
    • Lot Features: City Lot, Level
    • Lot Size Acres: 0.64
    • Road Frontage Length: 100.0
    • Total Finished Area: 6390.0
    • Above Grade Finished Area: 6390.0
    • Above Grade Finished Area Source: Public Records
    • Above Grade Unfinished Area: 0.0
    • AboveGradeUnfinishedAreaSource: Other
    • Below Grade Finished Area: 0.0
    • Below Grade Finished Area Source: Other
    • Below Grade Unfinished Area: 864.0
    • BelowGradeUnfinishedAreaSource: Public Records
    • Lot Size Square Feet: 27878.0
    • Total Area: 7254.0
    Property and Assessments
    • Property Class: Multi-Family
    • Flood Zone: Unknown
    • PreConstruction: No
    • Surveyed: Unknown
    • Year Built: 1910
    Utilities
    • Electric: Circuit Breaker(s)
    • Sewer: Public
    • Water Source: Public
    • Utilities: Telephone Available
    • Internet: High Speed Intrnt Avail
    Interior and Exterior Features
    Exterior Features
    • Construction Materials: Wood Frame, Cedar Exterior, Vinyl Exterior
    • Roof: Metal
    • Total Ranges: 5
    Interior Features
    • Appliances: Electric Water Heater, Propane Water Heater
    • Basement: Yes
    • Basement Access Type: Interior
    • Basement Description: Concrete, Partial, Unfinished
    • Total Full Baths: 5
    • Flooring: Carpet, Laminate, Tile
    • Heating: Propane, Baseboard, Hot Water
    • Cooling: None
    • Total Refrigerators: 5
    • Total Stories: 2
    Multi Family
    Income & Expenses Information
    • Gross Income: $75,600.00
    • Net Income: $49,254.76
    Multi-Family Information
    • Total Units: 5
    • Total 1 BR Units: 0
    • Total 2 BR Units: 3
    • Total 3+ BR Units: 2
    Unit Information
    Unit 1
    • Unit 1 Baths: 1
    • Unit 1 Bedrooms: 2
    • Unit 1 Lease Term: Month to Month
    • Unit 1 Level Number: 1
    • Unit 1 Rental Amt Freq: Monthly
    • Unit 1 Rooms: 4
    • Unit 1 Rental Amount: $1,125.00
    • Unit 1 Info: Appliances Included, Electric, Heat Included
    Unit 2
    • Unit 2 Lease Term: Month to Month
    • Unit 2 Baths: 1
    • Unit 2 Rooms: 5
    • Unit 2 Level Number: 2
    • Unit 2 Rental Amt Freq: Monthly
    • Unit 2 Bedrooms: 3
    • Unit 2 Rental Amount: $1,350.00
    • Unit 2 Info: Appliances Included, Electric, Heat Included
    Unit 3
    • Unit 3 Lease Term: Annual
    • Unit 3 Baths: 1
    • Unit 3 Rooms: 4
    • Unit 3 Level Number: 2
    • Unit 3 Rental Amt Freq: Monthly
    • Unit 3 Status: Leased
    • Unit 3 Bedrooms: 2
    • Unit 3 Rental Amount: $1,150.00
    • Unit 3 Info: Appliances Included, Electric, Heat Included
    Unit 4
    • Unit 4 Level Number: 1 and 2
    • Unit 4 Rental Amt Freq: Monthly
    • Unit 4 Rooms: 4
    • Unit 4 Baths: 2
    • Unit 4 Bedrooms: 2
    • Unit 4 Status: Vacant
    • Unit 4 Rental Amount: $1,700.00
    Unit 5
    • Unit 5 Rental Agreement: Yes
    • Unit 5 Level Number: 1 & 2
    • Unit 5 Rental Amt Freq: Monthly
    • Unit 5 Status: Leased
    • Unit 5 Baths: 1
    • Unit 5 Bedrooms: 3
    • Unit 5 Rooms: 5
    • Unit 5 Lease Term: Month to Month
    • Unit 5 Rental Amount: $975.00
    • Unit 5 Info: Appliances Included, Heat Included
    • Unit 5 Tenant Pays: Electric

    Property History for 49 Terrill Street

    DateEvent & SourcePriceAppreciation
    Jan 27, 2026

    Sold

    New England Real Estate Network #5036788

    		$461,500—
    Jan 27, 2026

    Pending

    New England Real Estate Network #5036788

    		—
    Jan 23, 2026

    Sold (Public Record)

    Public Record #1927434587

    		$461,500

    +9.6% / yr

    DateEvent & SourcePrice
    01/27/2026

    Sold

    New England Real Estate Network #5036788

    $461,500
    01/27/2026

    Pending

    New England Real Estate Network #5036788

    —
    01/23/2026

    Sold (Public Record)

    Public Record #1927434587

    $461,500

    +9.6% / yr

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

    Public Records for 49 Terrill Street

    Taxable ValueLand$63,800Additions$94,300Total$158,100
    Tax Record2025$3,047 ($254 / month)
    Home Facts
    Beds0Lot Size27,878 SqFtStyleSingle Family ResidenceCountyRUTLANDAPN(170) 15902

    Schools near 49 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.

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    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of Casella Real Estate

    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 09/10/2026 06:42 AM