4 beds2,652 sqft$123/sqft
73 Crescent St, Rutland, VT 05701
Est: $2,222/moGet pre-approved

Description

Turnkey 3-Unit Investment Property with Strong Occupancy & Value-Add Potential. Outstanding investment opportunity in the heart of Rutland City! This well-maintained triplex features a rock-solid rental history with zero vacancy during the current ownership. Situated in a desirable location near local schools and Pine Hill Park, this property represents an ideal addition to any portfolio or an excellent owner-occupy opportunity. The building consists of one spacious 2-bedroom unit and two comfortable...Turnkey 3-Unit Investment Property with Strong Occupancy & Value-Add Potential. Outstanding investment opportunity in the heart of Rutland City! This well-maintained triplex features a rock-solid rental history with zero vacancy during the current ownership. Situated in a desirable location near local schools and Pine Hill Park, this property represents an ideal addition to any portfolio or an excellent owner-occupy opportunity. The building consists of one spacious 2-bedroom unit and two comfortable 1-bedroom units, totaling 4 bedrooms and 3 bathrooms across approximately 2,900 square feet of living space. All tenants are currently on flexible month-to-month leases, offering immediate upside as current rents sit below market rates. Unit Breakdown Apartment 1: 1,100 sq. ft. | 2 Bed, 1 Bath | Long-term tenant of 5 years. Features new flooring installed in 2024. Apartment 2: 900 sq. ft. | 1 Bed, 1 Bath | Long-term tenant of 4 years. Apartment 3: 900 sq. ft. | 1 Bed, 1 Bath | Features a recently remodeled bathroom and a boiler upgrade in 2025. This property is highly efficient for landlords, featuring separate electrical meters and individual boilers for each unit so tenants can manage their own utility payments. Recent Updates: Boiler upgrade for Apt 3 (2025), new flooring in Apt 1 (2024), major sewer pipe repair completed in 2023, and a remodeled bathroom in Apt 3. Parking & Storage: A rare and highly valuable 3-bay garage sits on the property, providing one dedicated storage/parking bay for each apartment alongside an expansive driveway with ample off-street parking. Landlord Expenses: Owner currently covers oil (heat), water/sewer, trash removal, and seasonal plowing/mowing. With a CAP rate of 5.8% at listing price and a track record of exceptional tenant retention, this stable income producer is ready for its next owner. Don't miss out on a proven revenue generator in a strong rental market. Schedule your private showing today!
LISTING UPDATED: 08/06/2026 11:29 PM

  1. Listed by KC Gandee • Real Broker LLC

Property Details for 73 Crescent Street

Status
MLS #
5103784
Days on Market
1
Taxes
$6,846 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi Family
Year Built
1870
Lot Size
0.25 AC / 10,890 SF
Zoning
RESD1

Location

Listing Courtesy of Real Broker LLC
Add your commute

Building Information for 73 Crescent Street

Stories2Residences3Year Built1870Building Size-Lot Size0.25 AC / 10,890 SF

Payment Calculator

$2,222 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,652

Property Taxes

$571

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 73 Crescent Street

Summary
Location and General Information
  • City: Rutland City
  • County: VT-Rutland
  • Directions: GPS is accurate for this property
  • Latitude: 43.615839000001003
  • Longitude: -72.980772000000002
  • Road Frontage: Yes
  • Seasonal: No
  • State: VT
  • Street Designation: Street
  • Zip Code: 05701
Taxes and HOA Information
  • SPAN Number: 540-170-18057
  • Tax Year: 2026
  • Taxes TBD: No
Parking
  • Garage: Yes
  • Garage Capacity: 3.00
  • Driveway: Paved
Property
Lot Information
  • Lot Features: City Lot, Interior Lot, Level, Open, Sidewalks, In Town, Near Country Club, Near Golf Course, Near Paths, Neighborhood, Near Public Transport, Near School(s)
  • Lot Size Acres: 0.25
  • Road Frontage Length: 65.0
  • Total Finished Area: 2652.0
  • Above Grade Finished Area: 2652.0
  • Above Grade Finished Area Source: Public Records
  • Above Grade Unfinished Area: 0.0
  • AboveGradeUnfinishedAreaSource: Public Records
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Source: Public Records
  • Below Grade Unfinished Area: 1326.0
  • BelowGradeUnfinishedAreaSource: Public Records
  • Lot Size Square Feet: 10890.0
  • Total Area: 3978.0
Property and Assessments
  • Property Class: Multi-Family
  • Flood Zone: No
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1870
Utilities
  • Electric: 100 Amp Service
  • Sewer: Public
  • Water Source: Public
  • Utilities: Cable, Phone, Propane
  • Total Electric Meters: 3
  • Internet: Cable Internet, Fiber Optic Internt Avail
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame
  • Roof: Shingle
  • Total Ranges: 3
Interior Features
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Total Full Baths: 3
  • Heating: Boiler
  • Cooling: None
  • Total Refrigerators: 3
  • Total Stories: 2
Multi Family
Income & Expenses Information
  • Gross Income: $40,200.00
  • Net Income: $18,785.00
  • Operating Expense Incl: Heat, Insurance, Maintenance, Other, Snow Removal, Trash, Utilities, Water
  • Operating Expense: $21,415
Multi-Family Information
  • Total Units: 3
  • Total 1 BR Units: 2
  • Total 2 BR Units: 1
  • Total 3+ BR Units: 0
  • Total Heat Units: 3
Unit Information
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Lease Term: Month to Month
  • Unit 1 Level Number: 1
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Status: Month to Month
  • Unit 1 Rental Amount: $1,500.00
  • Unit 1 Tenant Pays: Electric
Unit 2
  • Unit 2 Lease Term: Month to Month
  • Unit 2 Baths: 1
  • Unit 2 Status: Month to Month
  • Unit 2 Level Number: 2
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Bedrooms: 1
  • Unit 2 Rental Amount: $850.00
  • Unit 2 Tenant Pays: Electric
Unit 3
  • Unit 3 Lease Term: Month to Month
  • Unit 3 Baths: 1
  • Unit 3 Level Number: 2
  • Unit 3 Rental Amt Freq: Monthly
  • Unit 3 Status: Month to Month
  • Unit 3 Bedrooms: 1
  • Unit 3 Rental Amount: $1,000.00
  • Unit 3 Tenant Pays: Electric

Property History for 73 Crescent Street

DateEvent & SourcePriceAppreciation
Aug 6, 2026

Listed (Active)

New England Real Estate Network #5103784

$325,000
Dec 2, 2024

Expired

New England Real Estate Network #5004743

Nov 14, 2024

Active Under Contract

New England Real Estate Network #5004743

DateEvent & SourcePrice
08/06/2026

Listed (Active)

New England Real Estate Network #5103784

$325,000
12/02/2024

Expired

New England Real Estate Network #5004743

11/14/2024

Active Under Contract

New England Real Estate Network #5004743

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

Public Records for 73 Crescent Street

Taxable ValueLand$41,000Additions$117,400Total$158,400
Home Facts
Beds0Lot Size10,890 SqFtStyleSingle Family ResidenceCountyRUTLANDAPN(170) 18057

Schools near 73 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

New listings in 05701

$1,299,000 | 475 Brookwood, Rutland, VT 05701
1/44

$1,299,000

4
Bedrooms
4,160
Square Feet
0.77
Acres
$699,000 | 5610 Vt Route 4, Rutland, VT 05701
1/40
Active Under Contract

$699,000

3
Bedrooms
2,088
Square Feet
7.1
Acres
$101,899 | 29 Billings Avenue, Rutland, VT 05701
1/19

$101,899

3
Bedrooms
911
Square Feet
Unavailable
Acres
$569,500 | 107 Franklin Street, Rutland, VT 05701
1/13

$569,500

Unavailable
Bedrooms
4,329
Square Feet
0.15
Acres
$450,000 | 120 Maple Street, Rutland, VT 05701
1/38

$450,000

Unavailable
Bedrooms
3,600
Square Feet
0.22
Acres
$995,000 | 70 North Main Street, Rutland, VT 05701
1/45
Virtual Tour

$995,000

10
Bedrooms
5,970
Square Feet
0.55
Acres
$469,000 | 249 West Ridge Terrace, Rutland Town, VT 05701
1/60
Active Under Contract

$469,000

3
Bedrooms
2,955
Square Feet
0.72
Acres
$310,000 | 48 Kendall Avenue, Rutland, VT 05701
1/31

$310,000

4
Bedrooms
2,500
Square Feet
0.13
Acres
$59,900 | 1 Prestons Park, Rutland, VT 05701
1/16

$59,900

2
Bedrooms
1,008
Square Feet
Unavailable
Acres

73 Crescent Street is a multi-family home for sale in Rutland, VT 05701. This listing's school district is Rutland City School District. Nearby schools include Rutland Intermediate School, Rutland Middle School and Rutland Senior High School. 73 Crescent Street is a 4-bed, 3-bath, 2,652 sqft multi-family home built in 1870.

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 Real Broker LLC

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 08/07/2026 02:11 AM