$89,900

About this home

Tucked inside the Rutland City limits at 0 Central Avenue, this 5.8 acre parcel is one of the largest pieces of undeveloped land you can still walk to Rutland Regional Medical Center from. The lot sits quietly on Central Avenue with paved road frontage out front and established single-family neighbors on either side, blending the privacy of real acreage with the convenience of an in-town, walkable Rutland neighborhood. Rutland Senior High School, Rutland Middle School, Stratton Road, and the hospital complex are all within roughly one mile, putting a buyer minutes from everything that makes Rutland County, Vermont work day to day. The story here is the chance to start fresh. Public water is at the street, public sewer is available, electric runs to the corridor, and fiber optic internet is already in service nearby. The parcel is level, residentially zoned (R), and sits outside any FEMA flood hazard area. Listed at $89,900 with annual property tax around $2,638, the lot is priced at land value in a market where nearby in-town acreage has sold in under two weeks when priced right. This is raw, undeveloped land sold as-is. Buyer is responsible for confirming utility hookup, legal access and easement, final zoning, and any subdivision approvals with Rutland City Planning and Zoning. The seller, settling a family estate with full court approval to convey, will resolve any outstanding property taxes at closing. Bring a builder who has been hunting for in-town acreage with utilities at the street, a developer eyeing a small five or six lot neighborhood (subject to municipal review), or a patient investor who sees the hospital corridor for what it is. Land this size, this close to the heart of Rutland, Vermont, does not come up often.

Property details

MLS

Prime MLS

MLS #

5094759

Property type

Land

Subdivision

N/A

Status

Active

Days on market

58

On market date

N/A

Stories

N/A

Total bathrooms

N/A

Garage spaces

N/A

Parking spaces

N/A

Lot size

5.8 acres