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.
Active
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
$-- Zestimate®
$88/sqft
$-- HOA
What's special
Detached garageComfortable living spacesProfessional office spaceUnique studio apartmentsPrivate officesBeautiful wood floorsReception area
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