84 Crescent St Rutland, VT 05701
Rutland AreaEstimated payment $1,896/month
--
Bed
--
Bath
2,060
Sq Ft
$126
Price per Sq Ft
Highlights
- Interior Lot
- Property near a hospital
- Baseboard Heating
About This Home
**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 — 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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,571
Year Built
- Built in 1920
Lot Details
- 9,148 Sq Ft Lot
- Interior Lot
- Level Lot
Parking
- Paved Parking
Home Design
- Block Foundation
- Marble Foundation
- Wood Frame Construction
- Asphalt Shingled Roof
Interior Spaces
- Property has 2 Levels
- Unfinished Basement
- Interior Basement Entry
Location
- Property near a hospital
- Property is near golf course and schools
- City Lot
Schools
- Northwest Primary Elementary School
- Rutland Middle School
- Rutland Senior High School
Utilities
- No Cooling
- Baseboard Heating
- 100 Amp Service
- Phone Available
- Cable TV Available
Community Details
Overview
- 2 Units
Building Details
- Gross Income $28,800
- Net Operating Income $10,047
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | -- | $128,900 | $40,800 | $88,100 |
| 2024 | -- | $128,900 | $40,800 | $88,100 |
| 2023 | -- | $128,900 | $40,800 | $88,100 |
| 2022 | $4,451 | $128,900 | $40,800 | $88,100 |
| 2021 | $4,507 | $128,900 | $40,800 | $88,100 |
| 2020 | $4,467 | $128,900 | $40,800 | $88,100 |
| 2019 | $4,356 | $128,900 | $40,800 | $88,100 |
| 2018 | $4,131 | $128,900 | $40,800 | $88,100 |
| 2017 | $4,062 | $128,900 | $40,800 | $88,100 |
| 2016 | $4,049 | $128,900 | $40,800 | $88,100 |
| 2015 | -- | $1,289 | $0 | $0 |
| 2014 | -- | $1,289 | $0 | $0 |
| 2013 | -- | $1,289 | $0 | $0 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/06/2026 08/06/26 | For Sale | $260,000 | +333.3% | $126 / Sq Ft | |
| 09/05/2019 09/05/19 | Sold | $60,000 | -24.9% | $29 / Sq Ft | View Prior Sale |
| 07/24/2019 07/24/19 | Pending | -- | -- | -- | |
| 05/26/2019 05/26/19 | For Sale | $79,900 | -- | $39 / Sq Ft |
Source: PrimeMLS
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $60,000 | -- | |
| Grant Deed | $128,000 | -- | |
| Grant Deed | $79,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Quit Claim Deed | $37,500 | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
About the Listing Agent
Kevin "KC" Gandee has been working in the snowboard industry since 1998, first as a snowboard instructor, then as a staff trainer and program director. In 2001, KC became an Education Staff member of the American Association of Snowboard Instructors (AASI), where he worked to earn a spot on the AASI National Team from 2004 to 2008. He then began coaching competitive snowboarding at Killington Mountain School in 2010, where he led the program to record growth and immediately began helping with
KC's Other Listings
Source: PrimeMLS
MLS Number: 5103770
APN: 540-170-13839
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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.
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