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802-295-1355
565 Maple Street
White River Junction, VT 05001

 
$200,000 | 0.73 Acres | Price Per Acre $0 | 74 Traverse Place Rutland City VT MLS# 5059844


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

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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