1115 Route 4a West Castleton Vt 05735
$287,500
—
3
6,884
6,884
$42
Description
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,...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.
- Listed by Hughes Group Team • Casella Real Estate
Property Details for 1115 Route 4a West Castleton Vt 05735
Zoning
commercial
LISTING UPDATED: 12/18/2024 03:19 AM
Property Details for 1115 Route 4a West Castleton Vt 05735
Status | Active |
---|---|
MLS # | 4974336 |
Days on Market | 431 |
Taxes | $7,331 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family |
Year Built | 1890 |
Lot Size | 2.02 AC / 87,991 SF |
County | Rutland County |
Building Information for 1115 Route 4a West Castleton Vt 05735
Stories2Residences4Year Built1890Building Size-Lot Size2.02 AC / 87,991 SF
Property Information for 1115 Route 4a West Castleton Vt 05735
Property History for 1115 Route 4a West Castleton Vt 05735
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 1115 Route 4a West Castleton Vt 05735
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 6 | |||
Public - | 6 to 8 | |||
Public - | 7 to 12 |
Rating | School | Distance |
---|---|---|
Castleton Elementary School PublicPK to 6 | ||
Castleton Village School Public6 to 8 | ||
Fair Haven Uhsd #16 Public7 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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