135 Grove StreetRutland City, VT 05701MLS Number 5038723

Price: $300,000
Est. Mortgage of $/month
12 Days on Market

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.

More Info

Basic Information

StatusACT
List Price$300,000
Date Price Change04/30/2025
MLS Number5038723
MLS StatusActive

Property

Acreage0.31
GarageNo
Parking Spaces
Lot Description
- In Town
- Level
- Near Public Transportatn
- Near School(s)
- Near Shopping
- Neighborhood
- Sidewalks
RoadsPaved, Public, Public Maintained Road
AreaVT-Rutland

Location

TownRutland City
StateVT
Zip05701
CountyRutland
ZoningMR-1
Address135 Grove Street
Flood Zone Y/NNo

Exterior

RoofShingle, Slate

Other

Seasonal Y/NNo
Date Listed05/01/2025

Building

Year Built1900
Building ConstructionWood Frame, Wood Exterior
StyleMulti-Family
Units5
# of 3+ Bedrooms5
BasementUnfinished
FoundationBrick, Concrete, Stone

Utilities

Heat SystemOil, Forced Air
WaterPublic
Electric200 Amp, Circuit Breaker(s)
SewerPublic
UtilitiesNone

Copyright 2025 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. Data last updated May 13, 2025 9:25 AM EDT

Name

Your Email Address

Phone

Message Send me the deed for 135 Grove Street Rutland City VT 05701 (ID#:5038723)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Name

Your Email Address

Phone

Message Send me the survey or tax map for 135 Grove Street Rutland City VT 05701 (ID#:5038723)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Name

Your Email Address

Phone

Message I would like more information for 135 Grove Street Rutland City VT 05701 (ID#:5038723)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

135 Grove StreetRutland City, VT 05701MLS Number 5038723

$/month over payments

Driving Directions

Ask A Question