Castleton, VT | 35 Meadow Lane

$1,600,000
MLS#: 5038163
12
# of Units
8,280
Total Sq. Feet
1.60
Acres
$21,219
Taxes
1 of 59

General Property Information

Price:
$1,600,000
County:
VT-Rutland
Acres:
1.60
Property Type:
Multi-Family
Property Status:
Active
# of Units:
12
Agency/Brokerage:
Will Spanos
KW Vermont

Prime Multi-Family Investment Opportunity in Castleton, Vermont This is a rare opportunity to acquire three solid brick buildings, each containing four units, for a total of twelve rental units in the heart of historic Castleton. Nearly all of the units have been extensively renovated, offering updated interiors and minimal capital improvements needed. The property maintains near 100% occupancy, reflecting strong rental demand and stable income. Located just minutes from Lake Bomoseen and Castleton University, this portfolio benefits from a highly desirable location with consistent tenant interest. Each building offers spacious units, ample parking, and a walkable neighborhood setting. The buildings are centrally located within the charming downtown area, providing easy access restaurants and other community amenities. This is a turnkey investment opportunity that provides reliable cash flow and long-term appreciation potential. It’s ideal for both seasoned investors and those looking to grow their multi-family portfolio.

Features

Property Type:
Multi-Family
# of Units:12
Subdivision Name:
Year Built:
1971
Parking:
Road Frontage:
0
Acres:1.60
Gross Income:
208,800
Annual Expenses:
0
# of Gas Meters:
# of Electric Meters:
0
Sq Ft (Above Ground):
8280
Sq Ft (Below Ground):
0
Total Sq Ft:
8280
Land Description:Corner,Country Setting,Landscaped,Level,Rental Complex,Trail/Near Trail,Walking Trails,In Town,Near Golf Course,Near Paths,Near Skiing,Near Snowmobile Trails,Neighborhood,Near Hospital,Near School(s)
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

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Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2025-04-28
Last Updated:

Morrisville Office

Nancy Pritchard

(P) 808.888.1102
(F) 802.888.1106
email

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