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Listed by Mark Noble • Welcome Home Real Estate
$ 200,000
Est. payment /mo
Active
74 Traverse PL Rutland City, VT 05701
0.73 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5059844
Annual Tax Amount $1,039
Tax Year 2023
Lot Size 0.730 Acres
Acres 0.73
Property 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.
Location
State VT
County Vt-rutland
Area Vt-Rutland
Zoning mixed residential
Exterior
Utilities Available Cable Available, Telephone Available
Building
Sewer Public Sewer at Street
Schools
Elementary Schools Rutland Northeast Primary Sch
Middle Schools Rutland Middle School
High Schools Rutland Senior High School
School District Rutland City School District
