1115 Route 4a West, Castleton, VT 05735

Listing by: Hughes Group Team, Casella Real Estate, 802-772-7487

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

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This information is believed to be accurate, but without any warranty.