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.

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Tax Information

Tax Year2023

Building

Year Built1890
Building ConstructionWood Frame
StyleOther
Units4
# of 1 Bedrooms2
Bathroom3
Total Baths3
BasementPartially Finished
FoundationStone

Amenities

PricePerSqFt46.36

Basic Information

StatusACT
List Price$299,000
Date Price Change10/16/2023
MLS Number4974336
MLS StatusActive

Property

Acreage2.02
Parking Spaces
Lot DescriptionLevel
Square Feet6,884
APX Fin AG Sqft6,449
RoadsPaved, Public

Other

Taxes$7,330.64
Seasonal Y/NNo
Date Listed10/16/2023
View Count4

Location

TownCastleton
StateVT
Zip05735
CountyRutland
Zoningcommercial
Flood Zone Y/NUnknown

Interior

APX Fin Below Grade435

Exterior

ExteriorWood Siding
RoofSlate

Utilities

Heat FuelOil
Heat SystemBaseboard, Forced Air, Hot Water
WaterDrilled Well
Water HeaterElectric
ElectricCircuit Breaker(s)
SewerPublic
UtilitiesHigh Speed Intrnt -Avail

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 4:47 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 WCastleton, VT 05735MLS Number 4974336

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