575 Route 4 EastRutland Town, VT 05701MLS Number 4845085

  • Price: $210,000
  • Est. Mortgage of $/month
  • 1349 Days on Market
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Federal 30-year interest rate: 6.12% last updated on Oct 3, 2024
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575 Route 4 East Rutland Town VT 05701575 Route 4 East Rutland Town VT 05701
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  • 28.93Acreage
  • RutlandVillage
  • YesFlood Zone
  • 77Road Frontage

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Listed by Ray Ault of Ault Commercial Realty (Ray@AultCommercial.com)
FOR SALE or GROUND-LEASE: Great DEVELOPMENT OPPORTUNITY: Part of NEARLY 50 ACRES: Poised for Residential development or subdivision, subject to Permitting. Just 10 minutes to downtown Rutland, and Killington-Pico Ski & Golf Resort. This 28.9 acres may be combined with an adjoining 19.8 acres ($139,000)* NE of subject parcel that shares access ROW from start of gravel driveway for Grey Cape house. The price of the combined larger parcel of 48.73 acres (Listed by Town as 49.43 acres) is discounted to $325,000. The Taxes listed, $2,952.93/yr., are for that combined 49.43 acres. On a $59.74 per acre assessment basis, that would put the annual 2024 Tax on 28.9-acre Parcel 3 at $1,726.38. Possible OWNER FINANCING. Or Ground-Lease starting at $1,250.00/month on Parcel 1, and $1,850/mo., on Parcel 3,...term negotiable. Note: The Right of Way from Route 4 along 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. * See ML#4947099

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Tax Information

  • Tax Year2024

Property

  • Acreage28.93
  • ExposureSouth, West
  • Square Feet1,260,191
  • CurrentUseCommercial, Mixed Use, Residential
  • Road Frontage77
  • RoadsPublic
  • Topography
    • Field/Pasture
    • Hilly
    • Neighbor Business
    • View
    • Wetlands
    • Wooded

Basic Information

  • StatusActive With Contract
  • List Price$210,000
  • MLS Number4845085
  • MLS StatusActive Under Contract

Utilities

  • WaterOn-Site Well Needed
  • ElectricAt Street
  • SewerOn-Site Septic Needed
  • UtilitiesCable - Available, Telephone Available

Location

  • Building Number575
  • StreetRoute 4 East
  • VillageRutland
  • TownRutland Town
  • StateVT
  • Zip05701
  • CountyRutland
  • Flood ZoneYes

Amenities

  • PricePerSqFt7258.9

Other

  • Taxes$2,952.77
  • Tax Year Notes6/30/2024
  • Tax Rate3.5
  • SurveyedYes
  • ZoningNone
  • Permit StatusNone
  • Assessment Year2020
  • Date Listed01/25/2021
  • View Count653
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Copyright 2024 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 October 4, 2024 4:26 PM EDT

 

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