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Courtesy of Hughes Group Team of Casella Real Estate: .

1115 Route 4A West

Castleton, VT 05735
  • $287,500
  • STATUS: Active Under Contract
  • ON SITE: 243 Days
  • MLS #: 4974326
Under Contract
$287,500
  • 0
    BEDS
  • 2.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1890
County:
Area:

School Ratings & Info

Description

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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© Copyright 2024 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site 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 2024-06-16T00:06:46.23.
www.livingvermont.com/homes/144421866
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1115 Route 4A West Castleton, VT 05735

  • Price: $287,500
  • Status: Active Under Contract
  • On Site: 243 Days
  • MLS #: 4974326
0
Beds
0
Baths
0
½ Baths
2.02
Acres
1890
Built
Neighborhood:
Castleton
County:
Rutland
Area:
Castleton
Property Description
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.
Exterior Features

Construction Materials Wood FrameWood Exterior Road Frontage TBD Roof Slate

Interior Features

Basement Yes Basement Access Type Interior Basement Description Partially Finished Cooling Central AC Foundation Stone Heating BaseboardForced AirHot Water Sq Ft Total Building 7319

Property Features

Covenants Unknown Flood Zone Unknown Foreclosed / Bank Owned / REO No Heat Fuel Oil Pre Construction No Sale Includes Building Only Sewer Public Span Number 129-040-10326 Sub Property Type Multi-FamilyOffice Tax Gross Amount 7330.64 Tax Year 2023 Taxes Tbd No Utilities Telephone Available Vacant Land No Water Source Drilled Well Zoning unknown

Courtesy of Hughes Group Team of Casella Real Estate: .


© Copyright 2024 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site 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 2024-06-16T00:06:46.23.
 
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