$349,000
 $1,874 est/mo Sourced by Back At You

71 Grove Street,Rutland City, VT 05701

Rutland City, VT 05701

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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 bedroomperfect 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!

Details

MLS #5067310
Listing TypeFor Sale
Sub-TypeResale
Status(10) Active - Active
Year1920
Days On Site13
Listing Provided ByReal Broker LLC | Mark E Triller

Features

BasementY
Story(s)2
Units2
ZoningCommercial
Acreage0.40

Interior

CoolingNone
HeatingBaseboard
AppliancesElectric Water Heater

Exterior

Exterior FeaturesPartial Fence
RoofShingle, Slate
Construction MaterialsVinyl Siding
Foundation DetailsStone
Lot FeaturesCity Lot

Parking

Garage Yes / NoNo

Utilities

UtilitiesCable
ElectricCircuit Breakers
SewerPublic Sewer

Taxes

Tax Annual Amount5007
Tax Assessed Value122700
Tax Year2025

Area Information

StateVT
CountyRutland
CityRutland City
Zip Code05701
AreaVT Rutland
School DistrictRutland City School District
Elementary SchoolRutland Northeast Primary Sch
High SchoolRutland Senior High School
Sourced by Back At You

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Learn More About This Property

StateVT
CountyRutland
CityRutland City
Zip Code05701
AreaVT Rutland
School DistrictRutland City School District
Elementary SchoolRutland Northeast Primary Sch
High SchoolRutland Senior High School
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $261K - $436K
sqft: 0 - 0
Listing Updated: October 28, 2025 at 4:44:12 PM PDT