43-45 Crescent Street

Closed 1/2/26

Sold

Last Sold Price

$425,000

2 beds6 baths4,822 sqft$88/sqft

43-45 Crescent St, Rutland, VT 05701

Multi FamilyProperty Type

8,712 sq ftLot Size

1905Year Built

$88/sq ftPrice per sq ft

1 carParking Spaces

Description

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...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.

Sold By Four Seasons Sotheby's Int'l Realty

Listed by: Karen Heath • Four Seasons Sotheby's Int'l Realty

Listing closed: 01/02/2026 12:00 AM • Source: New England Real Estate Network, MLS#: 5064648

Recent comparable sales

Median sold price

$449,000

Avg days on market

Sale-to-list ratio

91.7%

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Bathrooms: 4,600
Square Feet: 0.36
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106 Library Avenue, Rutland, VT 05701

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$2,843 per month

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Principal and Interest

$2,160

Property Taxes

$683

HOA Dues

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Property Information for 43-45 Crescent Street

Property Details

Taxes: $8,190 / year
MLS Type: Multi Family
County: Rutland County
Zoning: SFR

Building Information

Stories: 2
Residences: 5
Year Built: 1905
Lot Size: 0.20 AC / 8,712 SF

Summary

Location and General Information

City: Rutland City
County: VT-Rutland

Latitude: 43.616228976611886
Longitude: -72.977971728836067
Road Frontage: Yes
Seasonal: No
State: VT
Street Designation: Street
Zip Code: 05701

Taxes and HOA Information

SPAN Number: 540-170-15577
Tax Year: 2025

Tax Year Notes: 25/26
Taxes TBD: No

Parking

Garage: Yes
Garage Capacity: 1.00

Driveway: Paved

Virtual Tour

Property Panorama Virtual Tour: https://tour.neren.com/4345-Crescent-Street-Rutland-City-VT-05701/unbranded

Property

Lot Information

Lot Features: City Lot, Level, Street Lights
Lot Size Acres: 0.2

Road Frontage Length: 100.0
Total Finished Area: 4822.0
Above Grade Finished Area: 4822.0
Above Grade Finished Area Source: Assessor
Above Grade Unfinished Area: 0.0
AboveGradeUnfinishedAreaSource: Assessor
Below Grade Finished Area: 0.0
Below Grade Finished Area Source: Assessor
Below Grade Unfinished Area: 1923.0
BelowGradeUnfinishedAreaSource: Assessor
Lot Size Square Feet: 8712.0
Total Area: 6745.0

Property and Assessments

Property Class: Multi-Family
Easements: Unknown

Flood Zone: No
PreConstruction: No
Surveyed: Unknown
Year Built: 1905

Utilities

Electric Company: Green Mtn. Power
Fuel Company: Marcell Oil

Electric: Circuit Breaker(s), Knob and Tube
Sewer: Metered, Public
Water Source: Metered, Public
Utilities: Cable Available
Separate Utilities: Varies
Internet: High Speed Intrnt Avail

Interior and Exterior Features

Exterior Features

Color: Tan
Construction Materials: Wood Frame, Vinyl Siding

Roof: Shingle
Total Ranges: 4

Interior Features

Appliances: Electric Water Heater, Owned Water Heater, Separate Water Heater
Basement: Yes

Basement Access Type: Interior
Basement Description: Basement Stairs, Concrete, Exterior Access, Full, Interior Stairs, No Tenant Access, Unfinished
Total Full Baths: 6
Flooring: Carpet, Hardwood, Vinyl, Wood
Heating: Oil, Electric, Heat Pump, Multi Zone, Radiator
Cooling: Mini Split, None
Total Refrigerators: 5
Total Stories: 2.5
Total Water Heaters: 3
Trash: Dumpster, Owner

Multi Family

Income & Expenses Information

Gross Income: $69,000.00
Net Income: $54,000.00

Operating Expense Incl: Heat, Insurance, Trash, Utilities, Water/Sewer
Operating Expense: $14,950

Multi-Family Information

Total Units: 5
Total 1 BR Units: 2

Total 2 BR Units: 0
Total 3+ BR Units: 0
Total Heat Units: 1

Unit Information

Unit 1

Unit 1 Style: Office space
Unit 1 Baths: 2

Unit 1 Lease Term: Other
Unit 1 Level Number: 1
Unit 1 Rental Amt Freq: Monthly
Unit 1 Status: Leased
Unit 1 Rooms: 6
Unit 1 Rental Amount: $2,150.00
Unit 1 Tenant Pays: Electric, Heat, Internet Service
Unit 1 Info: Refrigerator, Smoke Detector

Unit 2

Unit 2 Lease Term: Month to Month
Unit 2 Baths: 1

Unit 2 Rooms: 3
Unit 2 Status: Leased
Unit 2 Level Number: 2
Unit 2 Rental Amt Freq: Monthly
Unit 2 Bedrooms: 1
Unit 2 Rental Amount: $1,200.00
Unit 2 Info: CO Detector, Oil Heat, Heat Included, Electric Range, Refrigerator, Smoke Detector
Unit 2 Tenant Pays: Electric, Hot Water, Internet Service, TV Service

Unit 3

Unit 3 Lease Term: Month to Month
Unit 3 Baths: 1

Unit 3 Rooms: 1
Unit 3 Level Number: 2.5
Unit 3 Rental Amt Freq: Monthly
Unit 3 Status: Leased
Unit 3 Style: Studio
Unit 3 Rental Amount: $750.00
Unit 3 Info: CO Detector, Oil Heat, Heat Included, Electric Range, Refrigerator, Smoke Detector
Unit 3 Tenant Pays: Electric, Hot Water, Internet Service, TV Service

Unit 4

Unit 4 Lease Term: Month to Month
Unit 4 Level Number: 2

Unit 4 Rental Amt Freq: Monthly
Unit 4 Rooms: 3
Unit 4 Baths: 1
Unit 4 Bedrooms: 1
Unit 4 Status: Leased
Unit 4 Rental Amount: $1,000.00
Unit 4 Info: CO Detector, Oil Heat, Heat Included, Electric Range, Refrigerator, Smoke Detector
Unit 4 Tenant Pays: Electric, Hot Water, Internet Service, TV Service

Unit 5

Unit 5 Rental Agreement: Yes
Unit 5 Level Number: 2.5

Unit 5 Rental Amt Freq: Monthly
Unit 5 Status: Leased
Unit 5 Style: Studio
Unit 5 Baths: 1
Unit 5 Rooms: 1
Unit 5 Lease Term: Month to Month
Unit 5 Rental Amount: $650.00
Unit 5 Info: CO Detector, Oil Heat, Electric Range, Refrigerator, Smoke Detector
Unit 5 Tenant Pays: Electric, Hot Water, Internet Service, TV Service

Rental

Rent Information

Total Leases: 5

Property History for 43-45 Crescent Street

Date	Event & Source	Price	Appreciation
Jan 2, 2026	Sold New England Real Estate Network #5064648	$425,000	—
Oct 11, 2025	Pending New England Real Estate Network #5064648		—
Oct 7, 2025	Listed (Active) New England Real Estate Network #5064648	$425,000	—

Date	Event & Source	Price
01/02/2026	Sold New England Real Estate Network #5064648	$425,000
10/11/2025	Pending New England Real Estate Network #5064648	—
10/07/2025	Listed (Active) New England Real Estate Network #5064648	$425,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 43-45 Crescent Street

This home is within Rutland City School District.


Rating	School	Type	Grades	Distance
4/10	Rutland Intermediate School	Public - Serves this home	3 to 6	0.2 mi
3/10	Rutland Middle School	Public - Serves this home	7 to 8	0.3 mi
8/10	Rutland Senior High School	Public - Serves this home	9 to 12	1.2 mi
NR	Stafford Technical Center	Public - Choice school	9 to 12	1.2 mi
NR	Rutland Northeast Primary School	Public - Choice school	PK to 2	0.8 mi
NR	Rutland Northwest School	Public - Choice school	PK to 2	0.7 mi
NR	Sheldon Academy Of Vermont Achievement Center	Private - Nearby school	3 to 12	1.5 mi
NR	Mount St Joseph Academy	Private - Nearby school	9 to 12	1.0 mi
NR	Mountain View Community School	Private - Nearby school	PK to 4	0.9 mi


Rating	School	Distance
4/10	Rutland Intermediate School Public3 to 6 Serves this home	0.2 mi
3/10	Rutland Middle School Public7 to 8 Serves this home	0.3 mi
8/10	Rutland Senior High School Public9 to 12 Serves this home	1.2 mi
NR	Stafford Technical Center Public9 to 12 Choice school	1.2 mi
NR	Rutland Northeast Primary School PublicPK to 2 Choice school	0.8 mi
NR	Rutland Northwest School PublicPK to 2 Choice school	0.7 mi
NR	Sheldon Academy Of Vermont Achievement Center Private3 to 12 Nearby school	1.5 mi
NR	Mount St Joseph Academy Private9 to 12 Nearby school	1.0 mi
NR	Mountain View Community School PrivatePK to 4 Nearby school	0.9 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 43-45 Crescent Street, Rutland, VT 05701	$425,000	2	6	4,822	8,712
43 Crescent Street, Rutland, VT 05701	$425,000	–	–	–	8,712
41 Crescent Street, Rutland, VT 05701	$100,000	–	–	–	9,148
47 Crescent Place, Rutland, VT 05701	–	–	–	–	16,117
39 Crescent Street, Rutland, VT 05701	$270,000	3	3	1,997	9,147
42 Crescent Street, Rutland, VT 05701	–	–	–	–	14,810
103 Lincoln Avenue, Rutland, VT 05701	$32,717	–	–	–	4,356
40 Crescent Street, Rutland, VT 05701	–	–	–	–	10,454
48 Crescent Street, Rutland, VT 05701	$295,000	3	3	3,634	9,147
37 Crescent Street, Rutland, VT 05701	–	–	–	–	6,534
50 Crescent Street, Rutland, VT 05701	$285,000	–	–	–	8,712
46 Crescent Street, Rutland, VT 05701	–	–	–	–	10,019
52 Crescent Street, Rutland, VT 05701	$144,500	–	2	3,010	8,712
38 Crescent Street, Rutland, VT 05701	–	–	–	–	17,424
122 Church Street, Rutland, VT 05701	$155,000	4	2	2,361	14,374
55 Crescent Place, Rutland, VT 05701	$91,200	–	–	–	12,632

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Listing Courtesy of Four Seasons Sotheby's Int'l Realty

Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 09/10/2026 05:04 AM

Rutland, VT

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