Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
46 Terrill Street,Rutland City, VT 05701
$659,000
- 12 Beds
- - Baths
- 4,772 sq. ft.
- Multi-family
- Active
Listed by: betsy adamovich
Office: real broker llc.
MLS#:5075586
Source:PrimeMLS
Price summary
- Price:$659,000
- Price per sq. ft.:$117.93
About this home
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.
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Home facts
- Year built:1900
- Listing ID #:5075586
- Added:6 day(s) ago
- Updated:February 10, 2026 at 11:30 AM
Rooms and interior
- Bedrooms:12
- Living area:4,772 sq. ft.
Heating and cooling
- Heating:Baseboard, Forced Air, Hot Water
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1900
- Building area:4,772 sq. ft.
- Lot area:0.17 Acres
Schools
- High school:Rutland Senior High School
- Middle school:Rutland Middle School
- Elementary school:Rutland Town School
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$659,000
- Price per sq. ft.:$117.93
- Tax amount:$9,549 (2025)
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