1115 Route 4a West Active

Castleton,VT 05735

$ 287500

- Bed

- Bath

6884 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,884 sqft

Price per Sqft $41

MLS Listing ID 4974336

Year Built 1890

Annual Tax Amount $7,330

Tax Year 2023

Lot Size 2.020 Acres

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

Interior

Cooling Central AC

Exterior

Utilities Available Other

Roof Type Slate

Building

Story 2

Foundation Stone

Sewer Public

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