46 Terrill Street, Rutland City, VT 05701

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.

Listing Status:

Active

Date Added:

February 3, 2026

Data Last Updated:

March 16, 2026 at 7:57AM

Listing Office:

Real Broker LLC : 855-450-0442

Listing Agent:

Betsy Adamovich : 802-384-0155

MLS ID:

5075586

Interior

• Basement: Unfinished
• A/C: None
• Heating: PropaneBaseboardForced AirHot Water

Exterior

• Style: Multi-Family
• Parking: Off Street

Construction

• Roofing: Asphalt Shingle
• General: Wood FrameVinyl SidingConcreteMarble

Location

• Road/Access: PavedPublic
• School District: Rutland City School District
• County: Rutland

Lot

• Driveway: Gravel
• Zoning: Residential

Utilities

• Utilities: Telephone Available
• Water: Public
• Sewer: Public