Investor-ready duplex just half a mile from Castleton University! This split-entry multi-family property features two spacious 2-bedroom, 1-bath units with open-concept living areas and metal fireplaces. Each unit has private access and shares a 0.46-acre lot in a peaceful residential neighborhood. One unit boasts new appliances, fresh carpet, and interior paint. With a newer standing seam metal roof and exterior repairs already completed, major updates are out of the way. Rent both units or live in one while leasing the other-ideal for parents seeking a smarter solution to student housing costs. Gross rental income projected at ~$4,750/month. Basement partially finished, adding additional usable space. Property can also be converted back to single-family if desired. Public water/sewer, oil hot water heat, and strong rental history. Group showings preferred; 48-hour notice required.

More Info

Tax Information

Tax Year2025

Building

Year Built1988
Building ConstructionWood Frame, Vinyl Siding
StyleDuplex, Split Entry
Units2
Unit 1 Bath1
Unit 1 Bedrooms2
Unit 1 Total Rooms4
Unit 2 Bath1
Unit 2 Bedrooms2
Unit 2 Total Rooms4
# of 2 Bedrooms2
Bathroom2
Total Baths2
BasementPartially Finished
FoundationConcrete

Other

Taxes$4,398.24
Seasonal Y/NNo
Date Listed04/16/2025

Basic Information

StatusACT
List Price$346,000
Date Price Change04/16/2025
MLS Number5036631
MLS StatusActive

Property

Acreage0.46
GarageNo
Parking Spaces
Lot DescriptionCorner, Landscaped, Level, Orchards
Lot19
Square Feet2,550
APX Fin AG Sqft1,332
Road Frontage129
RoadsPublic
AreaVT-Rutland

Utilities

Heat SystemOil, Pellet Stove
WaterPublic
ElectricCircuit Breaker(s)
SewerPublic
UtilitiesPhone

Location

TownCastleton
StateVT
Zip05735
CountyRutland
ZoningR2
Elementary SchoolCastleton Elementary School
Junior HighCastleton Village School
High SchoolFair Haven UHSD #16
Address116 Lillian Drive
Flood Zone Y/NNo

Interior

APX Fin Below Grade1,218
FloorsCarpet, Combination, Vinyl

Exterior

RoofStanding Seam
Exterior ColorGrey

Amenities

Exterior AmenitiesFence - Partial
PricePerSqFt135.69

Copyright 2025 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 May 13, 2025 9:54 AM EDT

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116 Lillian DriveCastleton, VT 05735MLS Number 5036631

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