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43-45 Crescent Street,
Rutland City

6745 Sqft / 0.2 Acres / Multi-Family
Listing Courtesy of: Four Seasons Sotheby's Int'l Realty - Listing Agent: Karen Heath - - Selling Office: Four Seasons Sotheby's Int'l Realty

Sold

$425,000

MLS #:

 5064648

Address
43-45 Crescent Street, Rutland City, VT 05701
Status
Sold
List Date
10-07-2025
List Price
$425,000
Pending Date
10-11-2025
Close Date
01-02-2026
Close Price
$425,000
Property Type
Multi-Family
Taxes
$8190.16
Tax Year
2025
Unit Count
5
Building Area Total
6745 sq ft
Garages
1
Year Built
date 1905
Lot Size
0.2 Acres
Listing Firm
Four Seasons Sotheby's Int'l Realty
Gross Income
$69,000
Net Income
$54,000
Unit One Rental Amount
$2,150
Unit Two Rental Amount
$1,200
Unit Three Rental Amount
$750

About this Property

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.

Property Details

  • MLS #5064648
  • Year Built1905
  • CountyVT-Rutland
  • Property TypeMulti-Family
  • Listing Courtesy ofFour Seasons Sotheby's Int'l Realty
  • Days on Market4
  • Listing AgentsKaren Heath
  • Selling OfficeFour Seasons Sotheby's Int'l Realty

Interior Features

  • AppliancesElectric Water Heater,Owned Water Heater,Separate Water Heater

Exterior Features

  • Garages1
  • Lot/Land DescriptionCity Lot; Level; Street Lights
  • Flood ZoneNo
  • Frontage TypeYes
  • DrivewayPaved
  • Frontage Length100
  • Roof MaterialsShingle

Building Construction

  • Above Grade Area4822 sq ft
  • Below Grade Area - Unfinished1923 sq ft
  • Stories2.5
  • Architectural StyleMulti-Family
  • New ConstructionNo
  • SeasonalNo
  • BasementYes
  • Construction MaterialsWood Frame; Vinyl Siding

Schools

Utilities

  • Tax ID540-170-15577
  • HeatingOil,Electric,Heat Pump,Multi Zone,Radiator
  • CoolingNone,Mini Split
  • ElectricCircuit Breaker(s); Knob and Tube
  • Water SourceMetered; Public
  • SewerMetered,Public
  • Available UtilitiesCable Available

HOA Information

  • No HOA Information to display for this property.
  • Monthly DuesIncludes
  • HOA DocumentsDeed; Property Disclosure

Property on Map

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