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!
Active under contract
Listed by:
Mark E Triller,
Real Broker LLC 855-450-0442
$349,000
71 Grove Street, Rutland City, VT 05701
5beds
3,306sqft
Est.:
Multi Family
Built in 1920
-- sqft lot
$329,300 Zestimate®
$106/sqft
$-- HOA
What's special
Bonus roomAmple parkingReplacement vinyl windowsLarge paved driveway
- 46 days |
- 77 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: November 09, 2025 at 12:34pm
Listed by:
Mark E Triller,
Real Broker LLC 855-450-0442
Source: PrimeMLS,MLS#: 5067310
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 2
Heating
- Baseboard
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Flooring: Hardwood, Laminate
- Basement: Dirt Floor,Sump Pump,Interior Access,Interior Entry
Interior area
- Total structure area: 5,997
- Total interior livable area: 3,306 sqft
- Finished area above ground: 3,306
- Finished area below ground: 0
Property
Parking
- Parking features: Paved
Features
- Levels: Two
- Fencing: Partial
- Frontage length: Road frontage: 61
Lot
- Size: 0.4 Acres
- Features: City Lot
Details
- Zoning description: Commercial
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Stone
- Roof: Shingle,Slate
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable
Community & HOA
Location
- Region: Rutland
Financial & listing details
- Price per square foot: $106/sqft
- Tax assessed value: $122,700
- Annual tax amount: $5,007
- Date on market: 10/25/2025
Estimated market value
$329,300
$313,000 - $346,000
$1,254/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/25/2025 | Listed for sale | $349,000+190.8%$106/sqft |
Source: | ||
| 3/22/2019 | Sold | $120,000-7.3%$36/sqft |
Source: | ||
| 2/11/2019 | Pending sale | $129,500$39/sqft |
Source: Coldwell Banker Watson Realty #4721789 Report a problem | ||
| 10/3/2018 | Listed for sale | $129,500$39/sqft |
Source: Coldwell Banker Watson Realty/Rutland #4721789 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$2,016/mo
Principal & interest
$1353
Property taxes
$541
Home insurance
$122
Climate risks
Neighborhood: Rutland City
Nearby schools
GreatSchools rating
- 4/10Rutland Intermediate SchoolGrades: 3-6Distance: 0.2 mi
- 3/10Rutland Middle SchoolGrades: 7-8Distance: 0.2 mi
- 8/10Rutland Senior High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Rutland Northeast Primary Sch
- Middle: Rutland Intermediate School
- High: Rutland Senior High School
- District: Rutland City School District
Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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