1115 Route 4a West Castleton VT Multi Family For Sale $287500

List Price: $287,500 | $42 per sq.ft. Multi Family A 4 Unit Multi Family Home
With 2 One Bedroom Units , 0 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Saturday Oct 14, 2023 | MLS# 4974336

Address: 1115 Route 4a West Castleton VT
Listed by Hughes Group Team Casella Real Estate
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. Building is on the National Register of Historic Places.

Annual Expenses

Taxes: $7,331

Income

Appliances : Water Heater � Electric

Construction: Wood Frame | Wood Siding
Year Built: 1890
Style: Other
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 7319
Above Grade Sq.Ft.: 6449
Below Grade Sq.Ft.: 435
Basement: Partially Finished
Foundation: Stone

Roof: Slate
Seasonal: No

Heating: Baseboard | Forced Air | Hot Water
Cooling: Central AC
HeatFuel: Oil
Electric: Circuit Breaker(s)
Utilities: Other
Electric Meters:
Water: Drilled Well
Sewer: Public

Land Information
Level
Lot size: 2.02 acres
Zoned: commercial)
Surveyed: Yes
Flood Zone: Unknown
Roads: Paved | Public
Driveway: Gravel

Additional Information
Taxes $7,331
Assesed Value Not Reported

Schools

5 Old Nugget Alley, Hanover, NH 03755 603-643-3942

Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College

Copyright © 2024 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 November 1st, 2024

Licensed Real Estate Broker in NH and VT read more ...

PLEASE NOTE: Both New Hampshire and Vermont law require brokers and agents to disclose at the “time of first business meeting, prior to any discussion of confidential information”, in New Hampshire’s case, and “first reasonable opportunity”, in Vermont’s case, the nature of the relationships brokers have or may have with customers and clients. Each state requires that a disclosure form be presented to consumers for their review and acknowledgment at the appropriate time. These forms can be accessed at the following websites and you are encouraged to read these documents.Big Green Real Estate chooses as a business model to represent both buyers and sellers; please do not assume, without any contractual agreement otherwise, that Big Green Real Estate at this time represents your interests as an agent.
VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM

Web Sites Designed and Hosted by Business Services Consultants.