1115 Route 4a West Castleton, VT 05735
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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyN/A
- Taxes$7,330
- HOA/Condo/Coop Fees$0
- Days on Site45 Days
- MLS StatusActive
- MLS ID Number4974336
- Home Size Source Public Records
- Year Built1890
- Lot Size2.02 Acres
- Full Baths3
- Partial BathsN/A
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General Features
- Style Other
- Construction Wood Siding
- Sewer Public Sewer
- Basement Partially Finished
- Number of Stories 2
- Acreage 2.02
- Water Well
- Attached Garage No
- Zoning commercial
Interior Features
- Cooling Central A C
- Heating OilBaseboardForced AirHot Water
Exterior Features
- Roof Slate
- Lot Level
Community Features
- MLS Area VT-Rutland