Skip To Content
Courtesy of Betsy Adamovich of Real Broker LLC: .

46 Terrill Street

Rutland City, VT 05701
  • $659,000
  • STATUS: Active
  • ON SITE: 6 Days
  • MLS #: 5075586
New On Site 6 Days Ago
UPDATED: 54 min ago
$659,000
  • 12
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,772
    SQFT
  • $138
    $/SQFT
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

Elementary School:
Middle School:
School District:

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 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.

Monthly Payment Calculator



© Copyright 2026 PrimeMLS. 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 2026-02-10T10:05:36.38.
www.livingvermont.com/homes/172696391
Print Image

46 Terrill Street Rutland City, VT 05701

  • Price: $659,000
  • Status: Active
  • On Site: 6 Days
  • Updated: 54 min ago
  • MLS #: 5075586
12
Beds
0
Baths
0
½ Baths
0.17
Acres
4,772
SQFT
$138
$/SQFT
1900
Built
County:
Rutland
Area:
Rutland City
Elementary School:
Rutland Town School
Middle School:
Rutland Middle School
High School:
Rutland Senior High School
School District:
Rutland City School District
Property 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 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.
Exterior Features

Architectural Style Multi-Family Construction Materials Wood FrameVinyl Siding Driveway Gravel Has Garage No Lot Features City Lot Parking Off Street Road Frontage TBD Roof Asphalt Shingle

Interior Features

Basement Access Type Interior Basement Description Unfinished Cooling None Foundation ConcreteMarble Has Basement Yes Heating PropaneBaseboardForced AirHot Water Total Ranges 6 Total Refrigerators 6 Unit1 Baths 1 Unit2 Baths 1 Unit3 Baths 1 Unit4 Baths 1 Unit5 Baths 1 Unit6 Baths 1

Property Features

Construction Status Existing Electric Circuit Breaker(s) Flood Zone No Foreclosed / Bank Owned / REO No Gross Income 110100 Pre Construction No Road Frontage Type PavedPublic Seasonal No Sewer Public Tax Gross Amount 9549 Tax Year 2025 Taxes Tbd No Total Electric Meters 6 Total1 Bed Units 0 Total2 Bed Units 6 Total3 Plus Bed Units 0 Unit1 Rental Amount 1200 Unit2 Rental Amount 1300 Unit3 Rental Amount 1575 Unit4 Rental Amount 1800 Unit5 Rental Amount 1500 Unit6 Rental Amount 1800 Utilities Telephone Available Water Source Public Zoning Residential

Courtesy of Betsy Adamovich of Real Broker LLC: .


© Copyright 2026 PrimeMLS. 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 2026-02-10T10:05:36.38.
 
https://bt-photos.global.ssl.fastly.net/nneren/1280_boomver_1_5075586-2.jpg https://bt-photos.global.ssl.fastly.net/nneren/1280_boomver_1_5075586-2.jpg https://bt-photos.global.ssl.fastly.net/nneren/1280_boomver_1_5075586-2.jpg
Logo
RE/MAX North Professionals
553 Roosevelt highway suite 200
Colchester VT, 05446