135 Grove St

Rutland, VT 05701

$300,000
Price
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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...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.
  1. Listed by Betsy Adamovich • Real Broker LLC

Property Details for 135 Grove Street

Zoning
MR-1
LISTING UPDATED: 05/02/2025 12:37 PM

Property Details for 135 Grove Street

StatusActive
MLS #5038723
Days on Market234
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1900
Lot Size0.31 AC / 13,503 SF
CountyRutland County

Location

Listing Courtesy of Real Broker LLC
Add your commute

Building Information for 135 Grove Street

Stories2Residences5Year Built1900Building Size-Lot Size0.31 AC / 13,503 SF

Payment Calculator

$1,482 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,482

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 135 Grove Street

Summary
Location and General Information
  • City: Rutland City
  • County: VT-Rutland
  • Latitude: 43.614738000001005
  • Longitude: -72.983324999999994
  • Road Frontage: TBD
  • Seasonal: No
  • State: VT
  • Street Designation: Street
  • Zip Code: 05701
Taxes and HOA Information
  • SPAN Number: 540-170-13625
  • Taxes TBD: Unknown
Parking
  • Garage: No
  • Driveway: Gravel
Property
Lot Information
  • Lot - Sqft: 13504.0
  • Lot Features: Level, Sidewalks, In Town, Near Shopping, Neighborhood, Near Public Transportatn, Near School(s)
  • Lot Size Acres: 0.31
  • Square Feet Apx Finished Above Grade: 0.0
  • Square Feet Apx Finished Below Grade: 0.0
  • Square Feet Apx Total: 7886.0
  • Square Feet Apx Total Finished: 0.0
  • Square Feet Apx Unfinished Above Grade: 6180.0
  • Square Feet Apx Unfinished AG Source: Public Records
  • Square Feet Apx Unfinished Below Grade: 1706.0
  • Square Feet Apx Unfinished BG Source: Public Records
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: No
  • Foundation: Brick, Concrete, Stone
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1900
Utilities
  • Electric: 200 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Public
  • Utilities: None
  • Internet: High Speed Intrnt -Avail
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame, Wood Exterior
  • Roof: Shingle, Slate
Interior Features
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Heating: Oil, Forced Air
  • Cooling: None
  • Total Stories: 2
Multi Family
Multi-Family Information
  • Total Units: 5
  • Total 1 BR Units: 0
  • Total 2 BR Units: 0
  • Total 3+ BR Units: 5

Property History for 135 Grove Street

DateEvent & SourcePriceAppreciation
Apr 30, 2025

Listed (Active)

New England Real Estate Network #5038723

$300,000—
Oct 19, 2023

Expired

New England Real Estate Network #4949712

—
Jun 30, 2023

Price Change

New England Real Estate Network #4949712

$495,000—
Apr 22, 2023

Listed (Active)

New England Real Estate Network #4949712

$500,000—
DateEvent & SourcePrice
04/30/2025

Listed (Active)

New England Real Estate Network #5038723

$300,000
10/19/2023

Expired

New England Real Estate Network #4949712

—
06/30/2023

Price Change

New England Real Estate Network #4949712

$495,000
04/22/2023

Listed (Active)

New England Real Estate Network #4949712

$500,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 135 Grove Street

Taxable ValueLand$61,900Additions$129,900Total$191,800
Home Facts
Lot Size13,504 SqFtStyleMulti-Family Res (5+ Units)CountyRUTLANDAPN(170) 13625

Schools near 135 Grove Street

This home is within Rutland City School District.
Rating
School
Type
Grades
Distance
Rutland Intermediate School
Public - 3 to 6
Rutland Middle School
Public - 7 to 8
Rutland Senior High School
Public - 9 to 12
Rutland Northwest School
Public - PK to 2
Rating
School
Distance
Rutland Intermediate School
Public3 to 6

Rutland Middle School
Public7 to 8

Rutland Senior High School
Public9 to 12

Rutland Northwest School
PublicPK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 135 Grove Street, Rutland, VT 05701

135 Grove Street is a multi-family home for sale in Rutland, VT 05701. This property was listed for sale on April 30, 2025 by Real Broker LLC, it's currently listed at $300,000. This listing's school district is Rutland City School District. Nearby schools include Rutland Intermediate School, Rutland Middle School and Rutland Senior High School. 135 Grove Street is a 0-bed, 0-bath, multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker LLC

Copyright 2025 PrimeMLS, 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 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 12/20/2025 11:36 AM