54 Mechanic Street

Castleton, VT 05735

$379,000
Price
—
Beds
2
Baths
3,300 Sq. Ft.
$115 / Sq. Ft.
3,300
Sq. Ft.
$115
per Sq. Ft.

Description

Great Investment Opportunity located in downtown Castleton and walking distance to Vermont State University. Minutes to Lake Bomoseen and a short drive to Killington and Pico ski areas. Recently renovated with 2 units both with 4 bedrooms and 1 bath. Currently rented until May 2025. Either a great investment or live in one unit and rent the other collecting serious rental income. Figures available to qualified buyers.Great Investment Opportunity located in downtown Castleton and walking distance to Vermont State University. Minutes to Lake Bomoseen and a short drive to Killington and Pico ski areas. Recently renovated with 2 units both with 4 bedrooms and 1 bath. Currently rented until May 2025. Either a great investment or live in one unit and rent the other collecting serious rental income. Figures available to qualified buyers.
  1. Listed by Bill Gilbert • Gilbert Realty and Development

Property Details for 54 Mechanic Street

Parking
On-Site
Zoning
residential
LISTING UPDATED: 10/18/2024 01:16 PM

Property Details for 54 Mechanic Street

StatusUnder Contract
MLS #5004856
Days on Market91
Taxes$3,076 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1920
Lot Size0.20 AC / 8,712 SF
CountyRutland County

Building Information for 54 Mechanic Street

Stories2Residences2Year Built1920Building Size-Lot Size0.20 AC / 8,712 SF

Property Information for 54 Mechanic Street

Summary
Location and General Information
  • City: Castleton
  • County: VT-Rutland
  • Directions: Sign. Use GPS
  • Latitude: 43.612634624798531
  • Longitude: -73.177703542327876
  • Road Frontage: Yes
  • Seasonal: No
  • State: VT
  • Street Designation: Street
  • Zip Code: 05735
Taxes and HOA Information
  • SPAN Number: 129-040-11017
  • Tax Year: 2024
  • Taxes TBD: No
School Information
  • School - High: Fair Haven UHSD #16
  • School - District: CastletonHubbardton USD 4
  • School - Elementary: Castleton Elementary School
  • School - Middle/Jr: Castleton-Hubbardton Village
Parking
  • Garage: No
  • Driveway: Gravel
Property
Lot Information
  • Lot - Sqft: 8712.0
  • Lot Features: Level
  • Lot Size Acres: 0.2
  • Road Frontage Length: 84.0
  • Square Feet Apx Finished Above Grade: 3300.0
  • Square Feet Apx Finished AG Source: Other
  • Square Feet Apx Finished Below Grade: 0.0
  • Square Feet Apx Finished BG Source: Other
  • Square Feet Apx Total: 4950.0
  • Square Feet Apx Total Finished: 3300.0
  • Square Feet Apx Unfinished Above Grade: 0.0
  • Square Feet Apx Unfinished AG Source: Other
  • Square Feet Apx Unfinished Below Grade: 1650.0
  • Square Feet Apx Unfinished BG Source: Other
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Easements: Yes
  • Flood Zone: No
  • Foundation: Stone
  • PreConstruction: No
  • Surveyed: No
  • Year Built: 1920
Utilities
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Public
  • Utilities: Cable
  • Separate Utilities: Yes
  • Internet: Unknown
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame, Wood Siding
  • Features - Exterior: Shed
  • Roads: Public
  • Roof: Slate
  • Total Ranges: 2
Interior Features
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Interior Access
  • Total Full Baths: 2
  • Flooring: Vinyl Plank
  • Heat Fuel: Gas - LP/Bottle
  • Heating: Baseboard
  • Cooling: None
  • Total Refrigerators: 2
  • Total Stories: 2
Multi Family
Income & Expenses Information
  • Gross Income: $57,120.00
Multi-Family Information
  • Total Units: 2
  • Total 1 BR Units: 0
  • Total 2 BR Units: 0
  • Total 3+ BR Units: 2

Property History for 54 Mechanic Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 54 Mechanic Street

Taxable ValueLand$30,600Additions$108,300Total$138,900
Tax Record2019$2,872 ($239 / month)
Home Facts
Beds6Baths2Total Finished SqFt2,428 SqFtAbove Grade Finished SqFt2,428 SqFtUnfinished Basement SqFt1,054 SqFtStories2Lot Size8,712 SqFtStyleSingle Family ResidenceYear Built1920ZoningNCCountyRUTLANDAPN12904011017

Schools near 54 Mechanic Street

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Gilbert Realty and Development

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/21/2024 07:25 AM