City Owned Properties

Properties for Sale

No City-Owned Properties currently for sale

Property Information

No City-Owned Properties currently for sale

Application Deadline

Submit Applications via Mail or In-Person:

To: The City of Rutland Clerk’s Office
c/o Sara Magro, Purchasing Agent
Mailing Address: P.O. Box 969, Rutland, VT 05701
Physical Address: 52 Washington St, Rutland, VT 05701

Open House Schedule

Liability Waiver (Required for Open House Attendance)

No City-Owned properties currently for sale.

Application

City Owned Properties Application

Overview

Those properties that the City of Rutland has taken title to, generally through tax sale, and are not retained by the City for a City-purpose, will be disposed of through the City-Owned Properties Program, which includes an application process.

Once the City evaluates the property, then property profiles will be created, which provides background information for each property. These profiles are made available to the City and public as soon as possible.
The RRA will review the properties, and should any of the properties adhere to, or provide an, economic development opportunity, future or ongoing, they will make a recommendation related to that opportunity to the Board of Finance.
Once a property is referred to the Board of Finance, the Board will determine if the property shall: 1) be retained by the City for special disposition, or 2) whether the City-Owned Properties Committee shall solicit applications from the general public for purchase and use.
Upon making a recommendation of disposing a City-owned property to the general public for purchase and use, the City-Owned Properties Committee will convene and the application process will initiate. Showings of the properties will be arranged, in addition to coordinating and establishing the parameters of the application process.
Once the Committee solicits applications and chooses a prospective purchaser, the Committee will make a recommendation to the Board of Aldermen. After the Board of Aldermen approves the disposition of a property, then the next step will be to facilitate the real estate transaction between the City and the prospective buyer.

Applicants will be evaluated on the following criteria, which includes, but are not limited to:

Plan for rehabilitation of the property in accordance with City goals (e.g. the City’s Master Plan);
Financial capacity of potential purchaser(s) to complete the planned work; and
Potential purchaser’s standing with the City with respect to taxes and other fees, current and past violations, and previous tax sales or foreclosures.