Listing courtesy of Betsy Adamovich, Real Broker LLC Phone: 802-613-0729
135 Grove Street, Rutland City, VT, 05701
0 beds
1900
Multi-Family
0 sqft
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.
Status:
Active
Type:
Multi-family
Units:
5
Zoning:
MR-1
Heating:
Oil, Forced Air
Cooling:
None
Basement:
Unfinished
Acreage:
0.31
Lot Description:
Level,Sidewalks,In Town,Near Shopping,Neighborhood,Near Public Transportatn,Near School(s)
MLS #:
5038723