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Land $200,000
0.73 Acres | Price Per Acre $0
74 Traverse Place Rutland City VT
MLS# 5059844
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Listed by Mark Noble Welcome Home Real Estate on September 5th 2025
DESCRIPTION
Unlock the potential of this prime 0.73-acre parcel in the heart of Rutland City--a ready-to-go investment project ideal for developers or portfolio builders. Current engineering plans support either of the following configurations: Two 2-story buildings with a total of 9 spacious residential units, OR Up to 20 efficiency apartments--perfect for maximizing rental income and meeting local housing demand. Ample on-site parking included, and the lot is well-positioned with easy access and infrastructure planning underway. Located just minutes from shopping, restaurants, and public transit, this property offers a highly desirable location for tenants and investors alike. Whether you're looking to develop workforce housing, student rentals, or a small apartment complex, this flexible project allows you to take the reins and bring your vision to life.
Land Description: Near Golf Course | Neighborhood | City Lot | Condo Development | Level | Rental Complex
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LAND INFORMATION | Lot Size: 0.73 acres
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Zoned: mixed residential
Surveyed: Unk
Flood Zone: Yes
Road Frontage: 99
Electric: At Street
Water: Public Water at Street
Sewer: Public Sewer at Street
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ADDITIONAL INFORMATION
- Taxes $1,039 | Assesed Value $0 in
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