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.
Pending
Listed by:
Karen Heath,
Four Seasons Sotheby's Int'l Realty 802-774-7007
$425,000
43-45 Crescent Street, Rutland City, VT 05701
2beds
4,822sqft
Est.:
Multi Family
Built in 1905
-- sqft lot
$416,800 Zestimate®
$88/sqft
$-- HOA
What's special
Detached garageComfortable living spacesProfessional office spaceUnique studio apartmentsPrivate officesBeautiful wood floorsReception area
- 79 days |
- 20 |
- 1 |
Zillow last checked: 8 hours ago
Listing updated: October 11, 2025 at 09:44am
Listed by:
Karen Heath,
Four Seasons Sotheby's Int'l Realty 802-774-7007
Source: PrimeMLS,MLS#: 5064648
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Oil, Electric, Heat Pump, Zoned, Radiator
Cooling
- None, Mini Split
Appliances
- Included: Electric Water Heater, Owned Water Heater, Separate Water Heater
Features
- Flooring: Carpet, Hardwood, Vinyl, Wood
- Basement: Concrete,Full,No Tenant Access,Interior Stairs,Unfinished,Exterior Entry,Basement Stairs,Interior Entry
Interior area
- Total structure area: 6,745
- Total interior livable area: 4,822 sqft
- Finished area above ground: 4,822
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Paved, On Site, Parking Spaces 6+, Unassigned
- Garage spaces: 1
Features
- Levels: 2.5
- Exterior features: Balcony, Deck
- Frontage length: Road frontage: 100
Lot
- Size: 8,712 Square Feet
- Features: City Lot, Level, Street Lights
Details
- Zoning description: SFR
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Brick, Concrete
- Roof: Shingle
Condition
- New construction: No
- Year built: 1905
Utilities & green energy
- Electric: Circuit Breakers, Knob and Tube
- Sewer: Metered, Public Sewer
- Water: Metered, Public
- Utilities for property: Cable Available
Community & HOA
Location
- Region: Rutland
Financial & listing details
- Price per square foot: $88/sqft
- Annual tax amount: $8,190
- Date on market: 10/7/2025
- Road surface type: Paved
Estimated market value
$416,800
$396,000 - $438,000
$2,356/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/11/2025 | Contingent | $425,000$88/sqft |
Source: | ||
| 10/7/2025 | Listed for sale | $425,000$88/sqft |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$2,456/mo
Principal & interest
$1648
Property taxes
$659
Home insurance
$149
Climate risks
Neighborhood: Rutland City
Nearby schools
GreatSchools rating
- 4/10Rutland Intermediate SchoolGrades: 3-6Distance: 0.2 mi
- 3/10Rutland Middle SchoolGrades: 7-8Distance: 0.3 mi
- 8/10Rutland Senior High SchoolGrades: 9-12Distance: 1.2 mi
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