35 Meadow Lane Castleton VT Multi Family For Sale $1600000

List Price: $1,600,000 | $193 per sq.ft. Multi Family A 12 Unit Multi Family Home
With 0 One Bedroom Units , 12 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Monday Apr 28, 2025 | MLS# 5038163

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Address: 35 Meadow Lane Castleton VT
Listed by Will Spanos KW Vermont-Killington Phone: 802-345-0693
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.

Annual Expenses

Taxes: $21,219

Income
Gross Income | $208,800

Construction: Brick Exterior
Year Built: 1971
Style: Multi-Family | Multi-Level
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 12420
Above Grade Sq.Ft.: 8280
Basement: Full | No Tenant Access | Exterior Access
Foundation: Concrete

Exterior Color: Brick
Roof: Shingle - Asphalt
Garage And Parking: Driveway | On-Site
Seasonal: No

Heating: Oil
Cooling: Wall AC Units
Electric: Circuit Breaker(s)
Utilities: Cable - Available | Telephone Available | Phone
Electric Meters:
Water: Public
Sewer: Public

Additional Information
Taxes $21,219
Assesed Value Not Reported

Schools
School District: CastletonHubbardton USD 4
Elementary School: Castleton Elementary School
Middle School: Fair Haven Grade School
High School: Fair Haven UHSD #16

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

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