- beds
- 4
- baths
- 2
- sq ft
- 2,060
- Built
- 1920
84 Crescent Street
Rutland City, VT 05701
Residential Income · Active · MLS #5103770
Listing Courtesy of Real Broker LLC | KC Gandee
The home
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.
Property information
Details at a glance
Interior2 property facts
- Heating
- Baseboard
- Cooling
- None
Building4 property facts
- Style
- Multi Family
- Year built
- 1920
- Foundation
- Block
- Roof
- Shingle
Land & utilities4 property facts
- Lot size
- 0.21 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- RESD-1
Financial2 property facts
- Annual taxes
- $5,571
- Assessment year
- 2026
Plan your purchase
Estimated monthly cost
Explore costs at the $260,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$1,779 / monthAdjust
- Principal & interest
- $1,315
- Property tax
- $464
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $5,571. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Listing history
Price and status timeline
No additional listing history is available for public display.
Compare with confidence
Price & market context
See how this home compares with active listings in Rutland City.
| Metric | This home | Local listings |
|---|---|---|
| List price | $260,000 | $299,00013% below local |
| Price / sq ft | $126 | $1214% above local |
| Days on market | 30 | 4838% below local |
Active city listing statistics from PrimeMLS as of September 11, 2026. Asking prices are not completed-sale values.
Keep exploring
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Common questions
About 84 Crescent Street
Can I request a private showing?
Request a tour of 84 Crescent Street and a Bean Group agent will help coordinate an available time with the listing side.
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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
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