73 Crescent St, Rutland, VT

Name: 73 Crescent St, For Sale in Rutland - eXp Realty
Brand: Real Broker LLC
SKU: 5103784
Price: 325000 USD

House

For Sale

Listed price in listed location currency (USD).

$325,000

003

MLS® 5103784

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Residential Income

Size 2652 sqft

Garage Yes

Taxes $6,846

Days Active 10

Lot Size 0.25 Acres

Approx. Age 1870

Avg. Price Per Sqft $122

MLS® Number 5103784

Property Address: 73 Crescent St, Rutland, VT, 05701-3189

Average square foot calculated using Size range provided by listing agent.

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 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!

MLS® Number5103784

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1870

BasementUnfinished

DrivewayDetached, Driveway, Garage, Off Site, Paved

Garage Spaces

HeatBoiler

A/CNone

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Aug 6, 2026List Date

$325,000List Price

Commute

Commute

Starting Address

Destination Address

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