$425,000

43-45 Crescent Street, Rutland City, VT 05701

  • 6 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1905
  • Property Lot Size Icon8,712sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

This listing courtesy of 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.

Listing Status:
Pending
Date Added:
October 7, 2025 at 05:00AM
Listing Office:
Four Seasons Sotheby's Int'l Realty : 802-774-7007
Listing Agent:
Karen Heath : 802-417-3613
MLS ID:
5064648
  • Appliances: Electric Water HeaterOwned Water HeaterSeparate Water Heater
  • Basement: ConcreteExterior AccessFullNo Tenant AccessBasement StairsInterior StairsUnfinished
  • Flooring: CarpetHardwoodVinylWood
  • A/C: Mini SplitNone
  • Heating: OilElectricHeat PumpMulti ZoneRadiator
  • General: BalconyDeck
  • Style: Multi-Family
  • Parking: On-SiteParking Spaces 6+PavedUnassigned
  • Roofing: Shingle
  • General: Wood FrameVinyl SidingBrickConcrete
  • Road/Access: PavedPublic
  • County: Rutland
  • Driveway: Paved
  • Zoning: SFR
  • Restrictions: No Smoking
  • Utilities: Cable Available
  • Water: MeteredPublic
  • Sewer: MeteredPublic

This listing courtesy of Karen Heath, Four Seasons Sotheby's Int'l Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Rutland Intermediate School

63-65 Library Avenue, Rutland, VT, 05701

Grades 3-6

0.22 miles away

R

Rutland Middle School

67 Library Ave, Rutland, VT, 05701

Grades 7-8

0.27 miles away

R

Rutland High School

22 Stratton Rd, Rutland, VT, 05701

Grades 9-12

1.18 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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