List Price: $300,000 Multi Family A 5 Unit Multi Family Home
With 0 One Bedroom Units , 0 - Two Bedroom Units ,5 - Three Bedroom Units
Listed Wednesday Apr 30, 2025 | MLS# 5038723
135 Grove Street Rutland City VT
Listed by 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.
Annual Expenses

Taxes: $0
Income
Construction: Wood Frame | Wood Exterior
Year Built: 1900
Style: Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 7886
Above Grade Sq.Ft.: 0
Basement: Unfinished
Foundation: Brick | Concrete | Stone
Roof: Shingle | Slate
Seasonal: No
Heating: Oil | Forced Air
Cooling: None
Electric: 200 Amp | Circuit Breaker(s)
Utilities: None
Electric Meters:
Water: Public
Sewer: Public
Land Information
Level | Sidewalks | In Town | Near Shopping | Neighborhood | Near Public Transportatn | Near School(s)
Lot size: 0.31 acres
Zoned: MR-1)
Surveyed: Unk
Flood Zone: No
Driveway: Gravel


Taxes $0
Assesed Value Not Reported
Schools

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