1115 Route 4a WestCastleton, VT 05735MLS Number 4974326

  • Price: $287,500
  • 329 Days on Market
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Federal 30-year interest rate: 6.35% last updated on Sep 5, 2024
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1115 Route 4a West Castleton VT 057351115 Route 4a West Castleton VT 057351115 Route 4a West Castleton VT 057351115 Route 4a West Castleton VT 057351115 Route 4a West Castleton VT 057351115 Route 4a West Castleton VT 057351115 Route 4a West Castleton VT 057351115 Route 4a West Castleton VT 057351115 Route 4a West Castleton VT 057351115 Route 4a West Castleton VT 057351115 Route 4a West Castleton VT 057351115 Route 4a West Castleton VT 057351115 Route 4a West Castleton VT 057351115 Route 4a West Castleton VT 057351115 Route 4a West Castleton VT 057351115 Route 4a West Castleton VT 057351115 Route 4a West Castleton VT 057351115 Route 4a West Castleton VT 057351115 Route 4a West Castleton VT 057351115 Route 4a West Castleton VT 057351115 Route 4a West Castleton VT 057351115 Route 4a West Castleton VT 05735
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  • 7,319Square Feet
  • 2.02Acreage
  • 1890Year Built
  • 2023Tax Year
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.
Listed by Hughes Group Team of Casella Real Estate

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Office: 802-388-4242
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Middlebury, VT 05753

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Tax Information

  • Tax Year2023

Building

  • Year Built1890
  • NumberOfUnitsInCommunity4
  • FoundationStone
  • Square Feet7,319
  • BasementPartially Finished

Exterior

  • RoofSlate

Utilities

  • FuelOil
  • Heating CoolingBaseboard, Forced Air, Hot Water

Basic Information

  • StatusACT
  • Modification Date07/23/2024
  • TypeMulti-Family, Office
  • List Price$287,500
  • Broker NameCasella Real Estate
  • Listing Agent NameHughes Group Team
  • Lister Office NameCasella Real Estate
  • MLS Number4974326
  • MLS StatusActive

Legal

  • Taxes$7,330.64
  • OtherStructuresBuilding Only
  • Zoningunknown

Location

  • Building Number1115
  • StreetRoute 4a West
  • TownCastleton
  • StateVT
  • Zip05735
  • CountyRutland

Property

  • Acreage2.02
  • Property TypeCommercial Sale
  • Lot Sqft87,991

Amenities

  • PricePerSqFt39.28

Other

  • Date Listed10/16/2023
  • View Count21
Broker Reciprocity 

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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 September 8, 2024 2:53 PM EDT

 

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