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$325,000 | $96 per sq.ft. A 2  Unit Multi Family Home, in Rutland City VT With 2 - Three Bedroom Units MLS# 5082350




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Listed by Leo Pond Four Seasons Sotheby's Int'l Realty on April 7th 2026
107 Grove Street Rutland City VT 05701


DESCRIPTION


Single family living, but in a duplex with the potential for extra income! This beautiful 1920's duplex in the heart of Rutland City offers the best of both worlds. A charming townhouse style unit along with personal garage space to call your own, with a mortgage-helping tenant right next door. Set on a .17 city lot, just across the street from Rutland Intermediate School, this classic two-story home is full of character and ready for its next owner. Each of the spacious three-bedroom units welcomes you with a front porch, the perfect spot for morning coffee or unwinding in the evening. Step inside to an open concept living area that flows naturally into a formal dining space, showcasing beautiful built-ins that add warmth and timeless charm. The layout continues into a well appointed kitchen, complete with a convenient water closet just off the back, keeping everyday living practical and comfortable. Upstairs, each unit offers three bedrooms and a full bathroom. Both units are currently leased on a month to month basis. Tenants pay their own electric, heat, hot water, internet, trash, and TV service, keeping your operating costs lean. The home features beautiful hardwood and vinyl flooring, oil heat with radiators, shared driveway, ample parking, and a one car garage under each unit. The walkout basement/garage offer tremendous storage space. Located across from the intermediate school, near public transportation, shopping, downtown Rutland, and local parks convenience is truly at your doorstep. In today's market, finding a beautiful, charming home at this price point, is nearly impossible. With built in rental income, classic Vermont charm, and an unbeatable location, this property won't last long. Inquire to schedule a showing.
Appliances : Owned Water Heater
Gross Income : $24000
Net Income: $
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UNIT 1 INFORMATION
Beds: 3
Baths: 1
Rooms: 6
Level: 1, 2
Info : Dishwasher,Dryer,Electric,Heat,Oil Heat,Electric Range,Refrigerator,Storage,Washer
Tenant Pays : Electric,Heat,Hot Water,Internet Service,Trash,TV Service
Rent : 1000.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Leased
UNIT 2 INFORMATION
Beds: 3
Baths: 1
Rooms: 6
Level: 1, 2
Info : Dishwasher,Dryer,Electric,Heat,Oil Heat,Hot Water,Refrigerator,Storage,Washer
Tenant Pays : Electric,Heat,Hot Water,Internet Service,Trash,TV Service
Rent : 1000.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes

CONSTRUCTION

Wood Frame | Vinyl Siding | Exterior Color Gray | Year Built: 1920
No. of Floors:2
Total Sq.Ft. Finished: 3369
Above Grade Sq.Ft.: 3369
Apx Below Grade Unfinished Sq.Ft.: 2091
Price Per SQ.FT. 96.47
Basement: Concrete | Concrete Floor | Interior Stairs | Walkout | Interior Access | Exterior Access
Heating: Oil | Radiator
Cooling: None
Electric: 100 Amp Service | Circuit Breaker(s)
Trash: Cans | Curbside | Tenant
Utilities: Cable Available | Satellite | Telephone Available | Phone
Electric Meters: 2
Style: Duplex
Roof: Shingle
Water: Public
Sewer: Public
Seasonal: No
LAND LOT INFORMAITION
Lot Description: City Lot | Street Lights | In Town | Near Golf Course | Neighborhood | Near Public Transportatn | Near School(s)
Lot size: 0.17 acres
Zoned: MR-1
Surveyed: Unk
Flood Zone: No
Road Frontage: 64
Driveway: Common/Shared
PROPERTY INFORMATION
Docs Available : Deed | Lease Agreements | Property Disclosure | Tax Map
Taxes $6,578

AREA INFORMATION
School District: Rutland City School District
Elementary School: Northwest Primary School
Middle School: Rutland Middle School
High School: Rutland Senior High School