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$300,000 A 5  Unit Multi Family Home, in Rutland City VT With 5 - Three Bedroom Units MLS# 5038723



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Listed by Betsy Adamovich Real Broker LLC on April 30th 2025
135 Grove Street Rutland City VT 05701

DESCRIPTION

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.
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CONSTRUCTION
Wood Frame | Wood Exterior | Year Built: 1900
No. of Floors:2
Total Sq.Ft. Finished: 0
Above Grade Sq.Ft.: 0
Price Per SQ.FT. 0.00
Basement: Unfinished
Foundation: Brick | Concrete | Stone
Heating: Oil | Forced Air
Cooling: None
Electric: 200 Amp | Circuit Breaker(s)
Utilities: None
Electric Meters:
Style: Multi-Family
Roof: Shingle | Slate
Water: Public
Sewer: Public
Seasonal: No
LAND LOT INFORMAITION
Lot Description: 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
PROPERTY INFORMATION
Taxes $0

AREA INFORMATION
Serving the needs of Buyers and Sellers in New Hampshire and Vermont since 1971 © May0425
Town & Country Realty Claremont
26 Tremont Street
Claremont, NH 03743
Telephone (603) 542-5188
(800) 542-5188
Fax (603) 542-6873
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Check out Town & Country Realty Assoc on Yelp 		PrimeMLS logo realtor logo Town & Country Realty Ascutney
PO Box 280 Rte 5
Ascutney, VT 05030
Telephone (802) 674-6311
(800) 542-5188
Fax (603) 674-6120
vtinfo@townandcountryrealty.com
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 4th, 2025
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