Listing courtesy of Hughes Group Team, Casella Real Estate Phone: 802-772-7487
49 Terrill Street, Rutland City, VT, 05701
22 rooms
12 beds
5 Full baths
1910
Multi-Family
6,390 sqft
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!
Status:
Active
Type:
Multi-family
Units:
5
Zoning:
unknown
Frontage:
100
Heating:
Propane, Baseboard, Hot Water
Cooling:
None
Basement:
Concrete, Partial, Unfinished
Parking:
Assigned, Off Street, Other, Parking Spaces 6+
Acreage:
0.64
Est. Taxes:
$6,125
Lot Description:
City Lot,Level
MLS #:
5036788