Rutland City, VT | 43-45 Crescent Street

$425,000
MLS#: 5064648
5
# of Units
4,822
Total Sq. Feet
0.20
Acres
$8,190
Taxes
1 of 59

General Property Information

Price:
$425,000
County:
VT-Rutland
Acres:
0.20
Property Type:
Multi-Family
Property Status:
Under Contract
# of Units:
5
Agency/Brokerage:
Karen Heath
Four Seasons Sotheby's Int'l Realty

Money-Maker Investment Property in Rutland City! Pride of ownership shines through in this well-maintained property that’s been in the same family for over 40 years. With excellent curb appeal and steady income, this side-by-side duplex-style building offers a fantastic opportunity for investors. The exterior features low-maintenance vinyl siding, a newer roof, brand-new porches and balcony railings, a detached garage, and full tenant occupancy—generating nearly $70,000 in annual gross income with a solid rental history. Conveniently located in a desirable Rutland City neighborhood near schools, Pine Hill Park, and local shops, this property combines classic charm with smart updates. The first floor offers professional office space with four private offices, a reception area, two baths, a kitchen area, and a private entrance. The second floor includes two attractive one-bedroom apartments: one fully remodeled in 2024 with a new kitchen, flooring, and fresh paint; the other retains beautiful wood floors, natural wood trim, and comfortable living spaces. The third floor features two unique studio apartments with appealing angular walls and new flooring—perfect for creative or efficient living. This turnkey investment offers immediate cash flow and provides an excellent opportunity for both seasoned investors and newcomers seeking a low-maintenance, income-producing asset. and long-term potential.

Features

Property Type:
Multi-Family
# of Units:5
Subdivision Name:
Year Built:
1905
Parking:
Road Frontage:
100
Acres:0.20
Gross Income:
69,000
Annual Expenses:
0
# of Gas Meters:
# of Electric Meters:
0
Sq Ft (Above Ground):
4822
Sq Ft (Below Ground):
0
Total Sq Ft:
4822
Land Description:City Lot,Level,Street Lights
Elementary School:
Middle School:
High School:
Financing Details:
Documents Available:
Deed,Property Disclosure

Unit Information

Unit 1

#Rooms:
6
#Bedrooms:
#Baths:
2
Sq. Ft.:
1500
Floor:
1
Unit Style:
Office space
Monthly Rent:
2150.00

Unit 2

#Rooms:
3
#Bedrooms:
1
#Baths:
1
Sq. Ft.:
0
Floor:
2
Unit Style:
Monthly Rent:
1200.00

Unit 3

#Rooms:
1
#Bedrooms:
1
#Baths:
1
Sq. Ft.:
0
Floor:
2.5
Unit Style:
Studio
Monthly Rent:
750.00

Unit 4

#Rooms:
3
#Bedrooms:
1
#Baths:
1
Sq. Ft.:
Floor:
2
Unit Style:
Monthly Rent:
1000.00

Unit 5

#Rooms:
1
#Bedrooms:
#Baths:
1
Sq. Ft.:
Floor:
2.5
Unit Style:
Studio
Monthly Rent:
650.00

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2025-10-07
Last Updated:

Stowe Office

Joni Gaines

(P) 802.253.9771
(F) 802.253.9993
email

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