Active

Listed by: Welcome Home Real Estate

$200,000

74 Traverse Place, Rutland City, VT 05701

--beds

--baths

0.73Acres

Unimproved Land

Built in ----

0.73 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Easy access

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.

193 days

41

2

Facts & features

Property

Features

Frontage length: Road frontage: 99

Lot

Size: 0.73 Acres
Features: Near Golf Course, Neighborhood, City Lot, Condo Development, Level, Rental Complex

Details

Parcel number: 54017014098
Zoning description: mixed residential

Utilities & green energy

Electric: At Street
Sewer: Public Sewer at Street
Utilities for property: Cable Available, Phone Available

Community & HOA

Location

Region: Rutland

Financial & listing details

Tax assessed value: $30,100
Annual tax amount: $1,039
Date on market: 9/5/2025
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$2,300/mo

Price history

Date	Event	Price
9/5/2025	Listed for sale	$200,000+344.4%
Source: PrimeMLS #5059844 Report a problem
12/14/2020	Sold	$45,000
Source: PrimeMLS #4810925 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	--	$30,100
2023	--	$30,100
2022	--	$30,100
2021	--	$30,100
2020	--	$30,100
2019	--	$30,100
2018	--	$30,100
2017	--	$30,100
2016	--	$30,100 +9900%
2015	--	$301
2014	--	$301

Find assessor info on the county website

BuyAbility℠ payment

Estimated monthly payment

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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