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.

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Tax Information

Tax Year2023

Building

Year Built1890
ConstructionWood Frame
NumberOfUnitsInCommunity4
FoundationStone
Square Feet7,319
BasementPartially Finished
Garage Spaces

Utilities

FuelOil
Heating CoolingBaseboard, Forced Air, Hot Water

Basic Information

StatusACT
Modification Date11/08/2023
TypeMulti-Family, Office
List Price$299,000
Broker NameCasella Real Estate
Listing Agent NameHughes Group Team
Lister Office NameCasella Real Estate
MLS Number4974326
MLS StatusActive

Amenities

PricePerSqFt40.85

Other

Date Listed10/16/2023
View Count5

Location

Building Number1115
StreetRoute 4a West
TownCastleton
StateVT
Zip05735
CountyRutland

Property

Acreage2.02
Property TypeCommercial Sale
Lot Sqft87,991

Exterior

ExteriorWood
RoofSlate

Legal

Taxes$7,330.64
OtherStructuresBuilding Only
Zoningunknown

Copyright 2023 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 December 6, 2023 3:55 PM EST

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Your Questions & Comments I found a listing on "Ault Commercial Realty, Inc." which you may be interested in:

1115 Route 4a WestCastleton, VT 05735MLS Number 4974326

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