Rutland City, VT | 71 Grove Street

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 multiple units—perfect for generating steady rental income or living in one unit while renting the others. Recent updates include vinyl siding and replacement 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!