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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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84 Crescent St , Rutland City, VT 05701
$260,000
Est. Payment: $577.78/mo
4 Bed
2 Bath
2060 Sqft
Status: Active | Days on site: 29
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6470 - 627531
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House Description

**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.

Highlights

Listed by KC Gandee , 802-774-7007 Real Broker LLC , 802-613-0729.

Property Type

Multi-Family

Lot/Acreage
0.21

Year Built

1920

County

Rutland

School District

Rutland City School District

Listing ID

5103770

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2
  • Full Bathrooms:
Above Ground Sq Ft:2060
Basement:Yes,Unfinished

Exterior Features

Lot:Existing
Zoning:RESD-1
Roof:Asphalt Shingle
Sewer:Public
Principal Interest
$578
Taxes
$464

Home Price

$260,000

Loan Details

30 yrs
%

Down Payment

20%
$52,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$577.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $577.78 $464.25 $0.00 $1,042.03
Yearly $6,933.33 $5,571.00 $0.00 $12,504.33
Total $208,000.00 $167,130.00 $0.00 $375,130.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Rutland City, VT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.