1. Vermont
  2. Rutland City
  3. 135 Grove Street
$300,000

135 Grove Street, Rutland City, VT 05701

  • 7,886 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon0.31acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $38/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

This listing courtesy of Betsy Adamovich, Real Broker LLC

Bring your vision and tools—this massive property is ready for transformation. Once a 23-room boarding house, this impressive structure has been partially converted into a 4-5 unit multifamily building, with each unit designed to have 4+ bedrooms when complete. One of the units has been thoughtfully designed to meet ADA requirements. The groundwork has been laid, but there's still a long way to go—this is a true project for investors, developers, or ambitious owner-occupants. Previously permitted for 4 units, the city has indicated a 5th unit may be possible, and the sheer size of the building leaves room for even more (with proper permitting). Situated on a large lot with ample parking, this property offers endless potential for someone ready to roll up their sleeves and finish what’s been started. This property is best suited as a cash sale or possibly a rehab/construction loan.

Listing Status:
Active
Date Added:
April 30, 2025 at 05:00AM
Listing Office:
Real Broker LLC : 802-613-0729
Listing Agent:
Betsy Adamovich : 802-384-0155
MLS ID:
5038723
  • Basement: Unfinished
  • A/C: None
  • Heating: OilForced Air

This listing courtesy of Betsy Adamovich, Real Broker LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Rutland Intermediate School

63-65 Library Avenue, Rutland, VT, 05701

Grades 3-6

0.21 miles away

R

Rutland Middle School

67 Library Ave, Rutland, VT, 05701

Grades 7-8

0.17 miles away

R

Rutland High School

22 Stratton Rd, Rutland, VT, 05701

Grades 9-12

1.46 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.