135 Grove St Rutland, VT 05701
Estimated payment $1,957/month
Highlights
- Forced Air Heating System
- Level Lot
- Wood Siding
- High Speed Internet
About This Home
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.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 0.31 Acre Lot
- Level Lot
Parking
- Gravel Driveway
Home Design
- Brick Foundation
- Concrete Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Slate Roof
- Wood Siding
Interior Spaces
- Property has 2 Levels
- Basement
- Interior Basement Entry
Utilities
- Forced Air Heating System
- High Speed Internet
Community Details
- 5 Units
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/01/2025 05/01/25 | For Sale | $300,000 | -- | $38 / Sq Ft |
Source: PrimeMLS
MLS Number: 5038723

APN: (170) 13625
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