761.3 Route 4 East Rutland Town VT Property

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Price	Down Payment	Interest Rate	Years
		%

Est. Mortgage: $/month

Federal 30-year interest rate: 6.79% last updated on 2023-06-01

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

FOR SALE or GROUND-LEASE: Great DEVELOPMENT OPPORTUNITY: Poised for Residential community or subdivision. Just 10 minutes to downtown Rutland, and Killington-Pico Ski & Golf Resort. This 28.93 acres ($210,000) may be combined with an adjoining 19.8 acres ($139,000) NE that shares access ROW. The combined larger parcel of 48.73 acres is discounted to $325,000. Possible OWNER FINANCING. Or Ground-Lease starting at $1,250.00/month on Parcel 1, and $1,750/mo., on Parcel 3,...term negotiable. Note: The Right of Way from Route 4 across the south line of Parcel No. 2 on the survey map provided, appears to be 20 ft wide, but Seller also owns Parcel 2 with the gray cape house, and advises he is willing to convey Parcels 1 and 3 with a 50-ft., ROW. The Town lists the combined 48.73-acre parcel as being 49.43 acres. The 2023 Property Tax on combined Parcels 1 & 3 is $2,762.97, or $56.00 per listed acre. By that measure, 2023 tax allocated to Parcel 1 would be $1,109. And tax allocated to Parcel 3 would be $1,620. Buyer should have a Wetlands Delineation done by a Vermont-Certified Wetlands specialist, and soils perc tests to establish a "development envelope". Offered subject to a possible subdivision permit requirement at Seller's expense.

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Basic Information

Date Listed03/28/2023
StatusACT
List Price$210,000
MLS Number4947107
MLS StatusActive

Utilities

WaterOn-Site Well Needed
ElectricAt Street
SewerOn-Site Septic Needed
UtilitiesCable - Available, High Speed Intrnt -Avail, Telephone Available

Location

Building Number761.3
StreetROUTE 4 EAST
VillageRutland
TownRutland Town
StateVT
Zip05701
CountyRutland
Flood ZoneYes

Other

SurveyedYes
ZoningNone
Permit StatusNone
View Count6

Property

Acreage28.93
ExposureWest
Square Feet1,260,191
CurrentUseCommercial, Mixed Use, Residential
Lot19 - Parcel 3
Road Frontage50
RoadsPublic
Topography
- Field/Pasture
- Hilly
- Neighbor Business
- View
- Wetlands
- Wooded

Copyright 2023 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated June 6, 2023 11:40 AM EDT

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