1115 Route 4a West, Castleton, VT 05735 | MLS 4974336 | Listing Information | Berkshire Hathaway HomeServices Vermont Realty Group | Berkshire Hathaway HomeServices Vermont Realty Group
FOR SALE
$287,500  

1115 Route 4a West
Castleton, VT 05735

Multi-Family
Residential
6,884
Sq. Ft.
2.02
Acres Lot
Courtesy: Hughes Group Team - Casella Real Estate
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.
4974336
Multi-Family, 2 Story
VT-Rutland
1890
2.02 Acres
Well
2
Wood
Public Sewer
6,884 Sq. Ft.
Interior Features
Square FootageAbove / Below (approx)
6,449 Sq. Ft. Above Ground. 435 Sq. Ft. Below Ground.
Cooling
Central Air
Heating
Electric Heating, Oil. Baseboard, Hot Water.
Basement
Finished, Partially Finished
Exterior / Lot Features
Parking
Gravel.
Exterior
Wood
Roof
Slate
Zoning
commercial
Additional Exterior/Lot Features
Level.
Financial Considerations
$7,331
Courtesy: Hughes Group Team - Casella Real Estate
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