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$200,000 | 0.73 Acres | Price Per Acre $0 | Rutland City VT MLS# 5059844



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Listed by Mark Noble Welcome Home Real Estate on September 5th 2025
74 Traverse Place Rutland City VT 05701

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
Zoned: mixed residential)
Surveyed: Unk
Flood Zone: Yes
Road Frontage: 99
 Electric: At Street
Water: Public Water at Street
Sewer: Public Sewer at Street

AREA INFORMATION
Taxes $1,039 Assesed Value $0 		 
SCHOOLS
School District: Rutland City School District
Elementary School: Rutland Northeast Primary Sch
Middle School: Rutland Middle School
High School: Rutland Senior High School
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Town & Country Realty Claremont
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PO Box 280 Rte 5
Ascutney, VT 05030
Telephone (802) 674-6311
(800) 542-5188
Fax (603) 674-6120
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Copyright © 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated May 2nd, 2026
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