List Price: $260,000 | $126 per sq.ft. Multi Family A 2 Unit Multi Family Home
With 0 One Bedroom Units , 2 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Thursday Aug 6, 2026 | MLS# 5103770
With 0 One Bedroom Units , 2 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Thursday Aug 6, 2026 | MLS# 5103770
To see this Listing
Address: 84 Crescent Street Rutland City VT
Listed by KC Gandee Real Broker LLC
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. Operating Expenses : Heat,Maintenance,Snow Removal,Trash
Annual Expenses
Taxes: $5,571
Taxes: $5,571
Income
Gross Income | $28,800
NetIncome | $10,047
Gross Income | $28,800
NetIncome | $10,047
UNIT 1 INFORMATION
Beds: 2
Baths: 1
Rooms: 5
Sq.Ft.: 1030
Level: 1
Rent : 1100.00 Monthly
Lease Term : Month to Month
Signed Lease : No
Status : Month to Month
UNIT 2 INFORMATION
Beds: 2
Baths: 1
Rooms: 5
Sq.Ft.: 1400
Level: 2
Rent : 1300.00 Monthly
Lease Term : Month to Month
Signed Lease : No
Construction: Wood Frame
Year Built: 1920
Style: Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 3090
Above Grade Sq.Ft.: 2060
Basement: Unfinished
Year Built: 1920
Style: Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 3090
Above Grade Sq.Ft.: 2060
Basement: Unfinished
Roof: Asphalt Shingle
Seasonal: No
Seasonal: No
Heating: Baseboard | Boiler
Cooling: None
Electric: 100 Amp Service
Utilities: Cable | Phone
Electric Meters: 2
Water: Public
Sewer: Public
Cooling: None
Electric: 100 Amp Service
Utilities: Cable | Phone
Electric Meters: 2
Water: Public
Sewer: Public
Land Information
City Lot | Interior Lot | Level | Sidewalks | In Town | Near Golf Course | Near Paths | Neighborhood | Near Hospital | Near School(s)
Lot size: 0.21 acres
Zoned: RESD-1)
Surveyed: Unk
Flood Zone: No
Road Frontage: 60
Driveway: Paved
City Lot | Interior Lot | Level | Sidewalks | In Town | Near Golf Course | Near Paths | Neighborhood | Near Hospital | Near School(s)
Lot size: 0.21 acres
Zoned: RESD-1)
Surveyed: Unk
Flood Zone: No
Road Frontage: 60
Driveway: Paved
Additional Information
Taxes $5,571
Assesed Value Not Reported
Taxes $5,571
Assesed Value Not Reported
Schools
School District: Rutland City School District
Elementary School: Northwest Primary School
Middle School: Rutland Middle School
High School: Rutland Senior High School
School District: Rutland City School District
Elementary School: Northwest Primary School
Middle School: Rutland Middle School
High School: Rutland Senior High School
