Investment Opportunity!! Just outside the campus of Vermont State University this 2-unit multi-family property brings multiple options to consider. Situated on almost a one acre level lot with fencing on three sides this property offers privacy along with convenience. Each unit features 3 bedrooms and 1 bathroom. Current leases in place through May 2027. Easy proximity to everything Rutland County has to offer for all four seasons - Lake Bomoseen, Killington and Pico. Walking distance to downtown Castleton for restaurants and amenities. Detailed financials available.

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Tax Information

Tax Year2026

Building

Year Built1880
Building ConstructionWood Frame
StyleColonial
Units2
# of 3+ Bedrooms2
BasementInterior Stairs
FoundationConcrete

Exterior

RoofSlate
Exterior ColorWhite

Amenities

PricePerSqFt159.95

Other

Taxes$3,266
Seasonal Y/NNo
Operating Expenses12743
Date Listed06/02/2026

Basic Information

StatusACT
List Price$319,900
Date Price Change06/02/2026
MLS Number5092323
MLS StatusActive

Property

Acreage0.9
GarageNo
Parking Spaces
Lot DescriptionLevel
Square Feet2,000
APX Fin AG Sqft2,000
Road Frontage151
RoadsPaved
AreaVT-Rutland

Location

TownCastleton
StateVT
Zip05735
CountyRutland
ZoningR2
Elementary SchoolCastleton Elementary School
Junior HighFair Haven Grade School
High SchoolFair Haven UHSD #16
Address589 South Street
Flood Zone Y/NNo

Utilities

Heat SystemPropane, Baseboard, Hot Water, Multi Zone
WaterPublic
Electric150 Amp Service
SewerPublic
UtilitiesCable

Copyright 2026 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 June 3, 2026 8:54 AM EDT

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589 South StreetCastleton, VT 05735MLS Number 5092323

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