Castleton, VT | 1115 Route 4a West

$287,500
MLS#: 4974336
4
# of Units
6,884
Total Sq. Feet
2.02
Acres
$7,331
Taxes
1 of 23

General Property Information

Price:
$287,500
County:
VT-Rutland
Acres:
2.02
Property Type:
Multi-Family
Property Status:
Active
# of Units:
4
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. Building is on the National Register of Historic Places.

Features

Property Type:
Multi-Family
# of Units:4
Subdivision Name:
Year Built:
1890
Parking:
Road Frontage:
0
Acres:2.02
Gross Income:
0
Annual Expenses:
0
# of Gas Meters:
# of Electric Meters:
0
Sq Ft (Above Ground):
6449
Sq Ft (Below Ground):
435
Total Sq Ft:
6884
Land Description:Level
Elementary School:
Middle School:
High School:
Financing Details:
Documents Available:

Unit Information

Unit 1

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Unit 2

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Unit 3

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Unit 4

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Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2023-10-14
Last Updated:
2024-05-01 00:48:23

Stowe Office

Sherry Wilson

(P) 802.253.9771
(F) 802.253.9993
email

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