Listing by: Hughes Group Team, Casella Real Estate, 802-772-7487
View on map See more photos |
0 Beds
n/a Full bath
6,884 SqFt
Active
Discover an exceptional investment opportunity with this versatile 4-unit multiuse building. This property features a strategic mix of two spacious offices and 2 two-bedroom open-concept apartments, providing a diverse range of potential income streams. Unlock the full potential of this property with the possibility to convert the existing office space into additional apartments, enhancing rental income and maximizing return on investment. The finished space in the basement offers even more possibilities, whether utilized as a studio, office, or transformed into an extra apartment. 1.21 acres of the property are leased to the Town of Castleton through June of 2086 for an annual amount of $1. The purpose of this lease is for a community recreation area, no structures may be built on the property. Don't miss the chance to own a property that not only offers immediate revenue but also provides strategic options for future growth. Call today to schedule a viewing and explore the endless possibilities this multiuse building presents. Building is on the National Register of Historic Places.
Property Details | ||
---|---|---|
Price | $287,500 | |
Property Style | Other | |
Lot Size Area | 87991 | |
Acres | 2.02 | |
Property Type | MultiFamily | |
Stories | 2 | |
Year Built | 1890 | |
Roof | Slate | |
Heating | Oil,Baseboard,Forced Air,Hot Water | |
Foundation | Stone | |
Lot Description | Level | |
Geographic Data | ||
County | VT-Rutland | |
Latitude | 43.60559 | |
Longitude | -73.229980084656 | |
Market Area | VT-Rutland | |
Address Information | ||
Address | 1115 Route 4a West, Castleton, VT 05735 | |
Postal Code | 05735 | |
City | Castleton | |
State | VT | |
Country | United States | |
Listing Information | ||
Listing Office | Casella Real Estate | |
Listing Office Phone | 802-772-7487 | |
Listing Office Email | info@casellarealestate.com | |
Listing Agent | Hughes Group Team | |
Listing Agent Phone | 802-772-7487 | |
MLS® Information | ||
Days on market | 434 | |
MLS® Status | Active | |
Listing Date | Oct 14, 2023 | |
Listing Last Modified | Dec 21, 2024 | |
Tax Year | 2023 | |
Tax Annual Amount | 7330 | |
MLS® Area | VT-Rutland | |
MLS® # | 4974336 |
Map View
This information is believed to be accurate, but without any warranty.