- $1,190,000
- MLS#: 5067288
- 14
- # of Units
- 12,090
- Total Sq. Feet
- 6.84
- Acres
- $16,983
- Taxes
1 of 10
General Property Information
- Price:
- $1,190,000
- County:
- VT-Rutland
- Acres:
- 6.84
- Property Type:
- Multi-Family
- Property Status:
- Active
- # of Units:
- 14
- Agency/Brokerage:
- Mike Kalil
Watson Realty & Associates
This property is part of 28 units package, could be purchased all or two 14 unit packages, please see MLS # 5067282, total price for all 28 units is $2,450.000 Great investment opportunity, Well maintained property in Castleton (Bomoseen) this property consists of two buildings, Front building with 10units consists of five 2 bedrooms , Three 1 bedrooms , One 3 bedrooms and an Efficiency unit, Back building is 4 units (town home styles)2 stories each unit all four are 2 bedroom units. Total of 14 units , Sits on a large parcel over 6.8_+Acres near lake bomoseen and conveniently on route 30 but buildings are far enough from the road, Plenty of parking , Vinyl siding and vinyl replacement windows, The pro forma Numbers on this property with 100% occupancy is As follows Gross revenues $213,156 A year With expenses just around $67,000 per year, not including management , regular maintenance calls, Vacancy rateAnd debt service, Current CAP Rate Above12% , 11 units are occupied currently the other 3 are in transition .3 Heating boilers service the front building and two boiler Services the back building.
Features
- Property Type:
- Multi-Family
- # of Units:14
- Subdivision Name:
- Year Built:
- 1925
- Parking:
- Road Frontage:
- 1003
- Acres:6.84
- Gross Income:
- 213,165
- Annual Expenses:
- 0
- # of Gas Meters:
- # of Electric Meters:
- 0
- Sq Ft (Above Ground):
- 12090
- Sq Ft (Below Ground):
- 0
- Total Sq Ft:
- 12090
- Land Description:Country Setting,Lakes,Level,Major Road Frontage
- Elementary School:
- Middle School:
- High School:
- Financing Details:
- Documents Available:
Unit Information
Unit 1
- #Rooms:
- 0
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- 0
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- 0.00
Unit 2
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- 0
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- 0
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- 0.00
Unit 3
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- 0
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- 0.00
Unit 4
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Unit 5
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- 0.00
Unit 6
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Unit 7
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- 0
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- 0.00
Unit 8
- #Rooms:
- 0
- #Bedrooms:
- 0
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- 0
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- 0.00
Other Information
- List Date:
- 2025-10-25
- Last Updated:
