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575 Route 4 EastRutland Town, VT 05701Price: $210,000

  • Price: $210,000
  • Est. Mortgage of $/month
  • 1044 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 7.22% last updated on Nov 30, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $210,000List Price
  • 28.93Acreage
  • 1,260,191Square Feet
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Listed by Ray Ault of Ault Commercial Realty,Inc. (Ray@AultCommercial.com)
FOR SALE or GROUND-LEASE: Great DEVELOPMENT OPPORTUNITY: Part of NEARLY 50 ACRES: Poised for Residential development or subdivision. 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 that shares access ROW. 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, $2,952.77/yr., are for that combined 49.43 acres. On a $59.74 per acre 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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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 December 4, 2023 9:53 PM EST

 

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