List Price: $200,000 | 0.73 Acres | Price Per Acre $0 Land


Listed Friday Sep 5, 2025 | MLS# 5059844
74 Traverse Place Rutland City VT
Listed by Mark Noble Welcome Home Real Estate
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.
Lot Description: Near Golf Course | Neighborhood | City Lot | Condo Development | Level | Rental Complex
Lot Size: 0.73 acres
Zoned: mixed residential)
Surveyed: Unk
Flood Zone: Yes
Land Services
Road Frontage: 99
Electric: At Street
Water: Public Water at Street
Sewer: Public Sewer at Street


Taxes $1,039
Assesed Value Not Reported
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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