84 Crescent ST, Rutland City, VT 05701
84 Crescent ST, Rutland City, VT 05701
84 Crescent ST, Rutland City, VT 05701
84 Crescent ST, Rutland City, VT 05701
84 Crescent ST, Rutland City, VT 05701
84 Crescent ST, Rutland City, VT 05701
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KC Gandee

KC Gandee

+1(802) 558-8002
Listed by KC Gandee • Real Broker LLC
$ 260,000
Est. payment | /mo

4 Beds

2 Baths

2,060 SqFt

Save
$ 260,000
Est. payment | /mo
Save

4 Beds

2 Baths

2,060 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,060 sqft

Price per Sqft $126

MLS Listing ID 5103770

Bedrooms 4

Full Baths 2

Construction Status Existing

Year Built 1920

Annual Tax Amount $5,571

Tax Year 2026

Lot Size 9,147 Sqft

Acres 0.21

Property Description

**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.

Location

State VT

County Vt-rutland

Area Vt-Rutland

Zoning RESD-1

Rooms

Basement Entrance Interior

Basement Unfinished

Interior

Cooling None

Exterior

Utilities Available Cable, Phone

Roof Type Asphalt Shingle

Building

Story 2

Sewer Public

Architectural Style Multi-Family

Construction Status Existing

Schools

Elementary Schools Northwest Primary School

Middle Schools Rutland Middle School

High Schools Rutland Senior High School

School District Rutland City School District

PrimeMLS

Nearby Locations

KC Gandee

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(802) 558-8002

[email protected]

Rutland, VT 05701, USA

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84 Crescent ST