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Monthly Estimate*
$ 1,642
**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 â 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.
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84 Crescent Street, Rutland City, VT, 05701 is a Multi-Family Home for sale at $260,000 with 2,060 sqft and a lot size of 0.21. 84 Crescent Street has 4 bedrooms, 2.0 baths, and was built in 1920. The property's zip code is 05701 which is in Rutland City, VT
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