135 Grove Street, Rutland, VT 05701

Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
135 Grove Street,Rutland City, VT 05701
$300,000
  • - Beds
  • - Baths
  • 7,886 sq. ft.
  • Multi-family
  • Active
Listed by: betsy adamovich
Office: real broker llc.
MLS#:5038723
Source:PrimeMLS

Price summary

  • Price:$300,000
  • Price per sq. ft.:$38.04

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.

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Home facts

  • Year built:1900
  • Listing ID #:5038723
  • Added:297 day(s) ago
  • Updated:February 22, 2026 at 11:25 AM

Rooms and interior

  • Living area:7,886 sq. ft.

Heating and cooling

  • Heating:Forced Air, Oil

Structure and exterior

  • Roof:Shingle, Slate
  • Year built:1900
  • Building area:7,886 sq. ft.
  • Lot area:0.31 Acres

Utilities

  • Sewer:Public Available

Finances and disclosures

  • Price:$300,000
  • Price per sq. ft.:$38.04
MLS LogoCopyright 2026 Prime MLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Prime MLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated February 22, 2026

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