- $1,575,000
- MLS#: 4989481
- 12
- # of Units
- 9,984
- Total Sq. Feet
- 1.60
- Acres
- $18,559
- Taxes
1 of 3
General Property Information
- Price:
- $1,575,000
- County:
- VT-Rutland
- Acres:
- 1.60
- Property Type:
- Multi-Family
- Property Status:
- Active
- # of Units:
- 12
- Agency/Brokerage:
- Nancy Liberatore
Realty One Group Lakes & Homes
Prime Multi-Family Investment Opportunity in the Heart of Castleton! Investors, seize the opportunity to own this impressive multi-family property. These well maintained buildings offer a total of 12 units, providing a steady stream of rental income and excellent potential for growth. Each spacious unit features 2 bedrooms and 1 bath, offering tenants a comfortable and spacious living space. The units are equipped with many updates ensuring high tenant satisfaction and retention. The property boasts a strong rental history and is currently fully occupied, generating a reliable income stream for savvy investors. With separate meters for electricity, low maintenance costs and a solid rental market demand in the area, this property presents a lucrative investment opportunity with great cash flow potential with a CAP rate of greater than 8%. Don't miss out on this rare chance to add a profitable property to your investment portfolio. Take advantage of the growing rental market and secure your financial future with this exceptional investment opportunity.
Features
- Property Type:
- Multi-Family
- # of Units:12
- Subdivision Name:
- Year Built:
- 1971
- Parking:
- Road Frontage:
- 689
- Acres:1.60
- Gross Income:
- 0
- Annual Expenses:
- 0
- # of Gas Meters:
- # of Electric Meters:
- 0
- Sq Ft (Above Ground):
- 9984
- Sq Ft (Below Ground):
- 0
- Total Sq Ft:
- 9984
- Land Description:Country Setting,Level,Trail/Near Trail,Walking Trails
- Elementary School:
- Castleton Elementary School
- Middle School:
- Fair Haven Grade School
- High School:
- Fair Haven UHSD #16
- Financing Details:
- Documents Available:
Unit Information
Unit 1
- #Rooms:
- 5
- #Bedrooms:
- 2
- #Baths:
- 1
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 1400.00
Unit 2
- #Rooms:
- #Bedrooms:
- 0
- #Baths:
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 0.00
Unit 3
- #Rooms:
- #Bedrooms:
- #Baths:
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 0.00
Unit 4
- #Rooms:
- #Bedrooms:
- #Baths:
- Sq. Ft.:
- Floor:
- Unit Style:
- Monthly Rent:
- 0.00
Unit 5
- #Rooms:
- #Bedrooms:
- #Baths:
- Sq. Ft.:
- Floor:
- Unit Style:
- Monthly Rent:
- 0.00
Unit 6
- #Rooms:
- #Bedrooms:
- #Baths:
- Sq. Ft.:
- Floor:
- Unit Style:
- Monthly Rent:
- 0.00
Unit 7
- #Rooms:
- #Bedrooms:
- #Baths:
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 0.00
Unit 8
- #Rooms:
- 0
- #Bedrooms:
- 0
- #Baths:
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 0.00
Other Information
- List Date:
- 2024-03-28
- Last Updated:
- 2024-04-26 13:46:29
