$200,000

74 Traverse Place, Rutland City, VT 05701

Land
Built in ——
0.73acre lot
—— car garage
$——/sqft
Listed 2 months ago

Property Description

This listing courtesy of 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.

Listing Status:: Active
Date Added:: September 5, 2025 at 05:00AM
Listing Office:: Welcome Home Real Estate : 802-446-4616
Listing Agent:: Mark Noble : 802-345-8167
MLS ID:: 5059844

Road/Access: PavedPublic Maintained RoadPublic
School District: Rutland City School District
County: Rutland

Zoning: mixed residential
Current Use: None

Utilities: Cable AvailableTelephone Available
Water: Public Water at Street
Sewer: Public Sewer at Street

This listing courtesy of Mark Noble, Welcome Home Real Estate

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Rutland Northeast Primary School

117 Temple St, Rutland, VT, 05701

Grades PK-2

1.46 miles away

Rutland Middle School

67 Library Ave, Rutland, VT, 05701

Grades 7-8

0.54 miles away

Rutland High School

22 Stratton Rd, Rutland, VT, 05701

Grades 9-12

1.76 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.