43-45 Crescent St
Closed 1/2/26
Closed 1/2/26
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.
- Listed by Karen Heath • Four Seasons Sotheby's Int'l Realty
Sold By Four Seasons Sotheby's Int'l Realty
Property Details for 43-45 Crescent Street
Zoning
SFR
LISTING CLOSED: 01/02/2026 12:00 AM
Property Details for 43-45 Crescent Street
| Status | Closed |
|---|---|
| MLS # | 5064648 |
| Days on Market | 4 |
| Taxes | $8,190 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 1905 |
| Lot Size | 0.20 AC / 8,712 SF |
| County | Rutland County |
Location
Add your commute
Building Information for 43-45 Crescent Street
Stories2Residences5Year Built1905Building Size-Lot Size0.20 AC / 8,712 SF
Payment Calculator
$2,843 per month
30 year fixed, 6.55% Interest
Principal and Interest
$2,160
Property Taxes
$683
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
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1Property Information for 43-45 Crescent Street
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
- Construction Status: Existing
- Easements: Unknown
- Flood Zone: No
- Planned Urban Developmt: 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 |
|---|---|---|---|---|
| Public - | 3 to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Rutland Intermediate School Public3 to 6 | ||
Rutland Middle School Public7 to 8 | ||
Rutland Senior High School Public9 to 12 | ||
Stafford Technical Center Public9 to 12 |
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.
Similar Homes
Nearby home values
| Address | Sold price | Beds | Baths | Sqft | Lot (Sqft) |
|---|---|---|---|---|---|
$425,000 | – | – | – | 8,712 | |
$100,000 | – | – | – | 9,148 | |
– | – | – | – | 16,117 | |
$270,000 | 3 | 3 | 1,997 | 9,147 | |
– | – | – | – | 14,810 | |
$32,717 | – | – | – | 4,356 | |
– | – | – | – | 10,454 | |
$295,000 | 3 | 3 | 3,634 | 9,147 | |
– | – | – | – | 6,534 | |
$285,000 | – | – | – | 8,712 | |
– | – | – | – | 10,019 | |
$144,500 | – | 2 | 3,010 | 8,712 | |
– | – | – | – | 17,424 | |
$155,000 | 4 | 2 | 2,361 | 14,374 | |
$91,200 | – | – | – | 12,632 |
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.
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 07/30/2026 06:31 PM
