74 Traverse Place
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5 photos

$200,000

74 Traverse Place
Rutland City, VT 05701
Listed by Mark Noble · Welcome Home Real Estate
Bedrooms
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Bathrooms
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Living area
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Year built
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About this home

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.

Property details

MLS #
5059844
Property type
Land
Subdivision
N/A
Status
Active
Days on market
341
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
0.73 acres
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Mortgage calculator

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Est. monthly payment
$1,354/mo
$40,000 down
$160,000 loan
Principal & interest$1,038
Property tax (est.)$167
Home insurance (est.)$150

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