84 Crescent Street, Rutland, VT 05701
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
84 Crescent Street,Rutland City, VT 05701
$260,000
- 4 Beds
- 2 Baths
- 2,060 sq. ft.
- Multi-family
- Active
Listed by: kc gandee
Office: real broker llc.802-613-0729
MLS#:5103770
Source:PrimeMLS
Price summary
- Price:$260,000
- Price per sq. ft.:$84.14
About this home
**Turn Key Buy and Hold Investment in Rutland City!** Looking for a solid buy-and-hold in Rutland City? This is it. This meticulously maintained multi-family has been extensively updated since 2020 and is ready for its next owner, including: - New electrical panel (2022) - Plumbing and electrical updates (2020) - New oil tank (2024) - New chimney (2021) - Complete remodel, including a new kitchen in Apartment 2 (2021) - New appliances (2020) - New deck (2022) - New boiler to be installed before close (2026) Each unit offers 2 bedrooms and 2 baths with generous living space, a private deck, and off-street parking. A barn/outbuilding on the property provides extra storage, currently used by the Apartment 1 tenant. With a flawless occupancy history and a prime location close to schools, parks, and downtown Rutland, this property offers long-term stability for any investor. It's currently producing a 4% CAP rate — and with rents still priced below market, there's built-in upside from day one. Move in ready as-is, or unlock even more value: convert to cold-climate heat pumps and pass energy costs on to tenants, a strategy with the potential to boost the CAP rate to 5.5%. Don't miss this rare opportunity to add a stable, updated multi-family to your portfolio....
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Home facts
- Year built:1920
- Listing ID #:5103770
- Added:1 day(s) ago
- Updated:August 07, 2026 at 12:43 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Basement Description:Interior, Unfinished
- Living area:2,060 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1920
- Building area:2,060 sq. ft.
- Lot area:0.21 Acres
- Levels:2 Story
Schools
- High school:Rutland Senior High School
- Middle school:Rutland Middle School
- Elementary school:Northwest Primary School
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$260,000
- Price per sq. ft.:$84.14
- Tax amount:$5,571 (2026)
Parking
- Parking description:Paved Driveway
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