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Courtesy of Will Spanos of KW Vermont-Killington: Phone: 802-345-0693.

35 Meadow Lane

Castleton, VT 05732
  • $1,495,000
  • STATUS: Active
  • ON SITE: 53 Days
  • MLS #: 5038163
UPDATED: 59 min ago
$1,495,000
  • 0
    BEDS
  • 1.6
    ACRES
  • 12
    BATHS
  • 0
    1/2 BATHS
  • 8,280
    SQFT
  • $181
    $/SQFT
Type:
Multi-Family
Built:
1971
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Prime Multi-Family Investment Opportunity in Castleton, Vermont This is a rare opportunity to acquire three solid brick buildings, each containing four units, for a total of twelve rental units in the heart of historic Castleton. Nearly all of the units have been extensively renovated, offering updated interiors and minimal capital improvements needed. The property maintains near 100% occupancy, reflecting strong rental demand and stable income. Located just minutes from Lake Bomoseen and Castleton University, this portfolio benefits from a highly desirable location with consistent tenant interest. Each building offers spacious units, ample parking, and a walkable neighborhood setting. The buildings are centrally located within the charming downtown area, providing easy access restaurants and other community amenities. This is a turnkey investment opportunity that provides reliable cash flow and long-term appreciation potential. Its ideal for both seasoned investors and those looking to grow their multi-family portfolio.

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© Copyright 2025 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 2025-06-21T19:06:08.61.
www.livingvermont.com/homes/163048154
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35 Meadow Lane Castleton, VT 05732

  • Price: $1,495,000
  • Status: Active
  • On Site: 53 Days
  • Updated: 59 min ago
  • MLS #: 5038163
0
Beds
12
Baths
0
½ Baths
1.6
Acres
8,280
SQFT
$181
$/SQFT
1971
Built
County:
Rutland
Area:
Castleton
Elementary School:
Castleton Elementary School
Middle School:
Fair Haven Grade School
High School:
Fair Haven Uhsd #16
School District:
Castletonhubbardton Usd 4
Property Description
Prime Multi-Family Investment Opportunity in Castleton, Vermont This is a rare opportunity to acquire three solid brick buildings, each containing four units, for a total of twelve rental units in the heart of historic Castleton. Nearly all of the units have been extensively renovated, offering updated interiors and minimal capital improvements needed. The property maintains near 100% occupancy, reflecting strong rental demand and stable income. Located just minutes from Lake Bomoseen and Castleton University, this portfolio benefits from a highly desirable location with consistent tenant interest. Each building offers spacious units, ample parking, and a walkable neighborhood setting. The buildings are centrally located within the charming downtown area, providing easy access restaurants and other community amenities. This is a turnkey investment opportunity that provides reliable cash flow and long-term appreciation potential. Its ideal for both seasoned investors and those looking to grow their multi-family portfolio.
Exterior Features

Architectural Style Multi-FamilyMulti-Level Color Brick Construction Materials Brick Exterior Driveway Dirt Has Garage No Lot Features CornerCountry SettingLandscapedLevelRental ComplexTrail/Near TrailWalking TrailsIn TownNear Golf CourseNear PathsNear SkiingNear Snowmobile TrailsNeighborhoodNear HospitalNear School(s) Parking DrivewayOn-Site Road Frontage TBD Roof Shingle - Asphalt

Interior Features

Basement Access Type Walkout Basement Description FullNo Tenant AccessExterior Access Cooling Wall AC Units Foundation Concrete Has Basement Yes Heating Oil

Property Features

Auction No Construction Status Existing Electric Circuit Breaker(s) Flood Zone No Foreclosed / Bank Owned / REO No Gross Income 208800 Pre Construction No Road Frontage Type Public Maintained Road Seasonal No Sewer Public Tax Gross Amount 21219 Tax Year 2024 Taxes Tbd No Total1 Bed Units 0 Total2 Bed Units 12 Total3 Plus Bed Units 0 Utilities Cable - AvailableTelephone AvailablePhone Water Source Public Zoning Res

Courtesy of Will Spanos of KW Vermont-Killington: Phone: 802-345-0693.


© Copyright 2025 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 2025-06-21T19:06:08.61.
 
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