Castleton, VT | 1115 Route 4a West

$287,500
MLS#: 4974326
2.02
Acres
0
Road Frontage
0
SQ. Feet
$7,331
Taxes
1 of 22

General Property Information

Price:
$287,500
Property Status:
Active
County:
VT-Rutland
Agency/Brokerage:
Hughes Group Team
Casella Real Estate

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.

Property Features

Year Built:
1890
# of Stories:
Road Frontage:
0
Zoning:
unknown
Acres:
2.02
Total Sq ft:
0
# of units:
4
Parking:
Basement:
Partially Finished
Location:
Exterior Features:
Wood
Sales Includes:
Building Only
Roof Style:
Slate
Type:
Misc:
Foundation:
Stone
Fuel:
Heating & Cooling:
Baseboard,Forced Air,Hot Water
Floors:
Financing:

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2023-10-14
Last Updated:
2024-05-03 13:47:56

Stowe Office

Pall Spera

(P) 802.253.9771
(F) 802.253.9993
email

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