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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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