71 Grove ST new Save Request In-Person Tour Request Virtual Tour
Rutland City,VT 05701
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,306 sqft
Price per Sqft $105
MLS Listing ID 5067310
Bedrooms 5
Full Baths 5
Construction Status Existing
Year Built 1920
Annual Tax Amount $5,007
Tax Year 2025
Lot Size 0.400 Acres
Acres 0.4
Property Description
Investment Opportunity. Discover exceptional value and potential in this spacious 2 unit multi-family property, just one block from downtown Rutland! Offering over 3,300 sq ft, this well-maintained property features 5 bedrooms and 5 bathrooms across the 2 units, with a bonus room in apartment 2 that could easily convert to an additional bedroom—perfect for generating steady rental income or living in one unit while renting the others. Upgrades include vinyl siding and replacement vinyl windows. There's also a large paved driveway with ample parking on a deep 61×286 lot. Included in this sale, is the separately deeded approximately .20 acre fenced parking lot, which has potential access at 42 Summer Street. Tenants will love the proximity to shopping, restaurants, public transit, and city amenities, while owners will appreciate the property's solid structure and flexible layout. Enjoy being only minutes to world-class skiing at Killington/Pico Ski Resorts as well as being close to area lakes, golfing, hiking, biking and many other outdoor activities. With market rents suggesting strong income potential and property values rising in the area, 71 Grove Street represents an ideal value-add or turnkey investment. Whether you're expanding your portfolio or entering the rental market, this property delivers affordability, location, and upside in one package. Don't miss this chance to be part of Rutland's revitalization!
Location
State VT
County Vt-rutland
Area Vt-Rutland
Zoning Commercial
Rooms
Basement Entrance Interior
Basement Dirt Floor,Sump Pump,Interior Access
Interior
Cooling None
Flooring Hardwood,Laminate
Exterior
Utilities Available Cable
Roof Type Shingle,Slate
Building
Story 2
Sewer Public
Architectural Style Multi-Family
Construction Status Existing
Schools
Elementary Schools Rutland Northeast Primary Sch
Middle Schools Rutland Intermediate School
High Schools Rutland Senior High School
School District Rutland City School District