23
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Listed by Hughes Group Team • Casella Real Estate
$287,500
Est. payment /mo
6,884 SqFt
Under Contract
1115 Route 4a West Castleton, VT 05735
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UPDATED:
02/27/2025 04:51 PM
Key Details
Property Type Multi-Family
Listing Status Under Contract
Purchase Type For Sale
Square Footage 6,884 sqft
Price per Sqft $41
MLS Listing ID 4974336
Construction Status Existing
Year Built 1890
Annual Tax Amount $7,330
Tax Year 2023
Lot Size 2.020 Acres
Acres 2.02
Property 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, 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.
Location
State VT
County Vt-rutland
Area Vt-Rutland
Zoning commercial
Rooms
Basement Entrance Interior
Basement Partially Finished
Interior
Cooling Central AC
Exterior
Utilities Available Other
Roof Type Slate
Building
Story 2
Foundation Stone
Sewer Public
Architectural Style Other
Construction Status Existing
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