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Castleton,VT 05732
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,280 sqft
Price per Sqft $193
MLS Listing ID 5038163
Construction Status Existing
Year Built 1971
Annual Tax Amount $21,219
Tax Year 2024
Lot Size 1.600 Acres
Acres 1.6
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. It's ideal for both seasoned investors and those looking to grow their multi-family portfolio.
Location
State VT
County Vt-rutland
Area Vt-Rutland
Zoning Res
Rooms
Basement Entrance Walkout
Basement Full,No Tenant Access,Exterior Access
Interior
Cooling Wall AC Units
Exterior
Garage Description Driveway,On-Site
Utilities Available Cable - Available,Telephone Available,Phone
Roof Type Shingle - Asphalt
Building
Story 2
Foundation Concrete
Sewer Public
Architectural Style Multi-Family,Multi-Level
Construction Status Existing
Schools
Elementary Schools Castleton Elementary School
Middle Schools Fair Haven Grade School
High Schools Fair Haven Uhsd #16
School District Castletonhubbardton Usd 4