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


$287,500

Price Change! reduced by $11,500 on April 12th 2024
MLS# 4974336
6884 sq.ft. Bedroom | 0 Bathroom
Multi Family
1115 Route 4a West Castleton VT
 
Price Change! reduced by $11,500 on April 12th 2024
$287,500 | $42 per sq.ft. | MLS# 4974336 A 4  Unit Multi Family Home, 1115 Route 4a West Castleton VT With 2 - One Bedroom Units

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. Appliances : Water Heater – Electric

Annual Expenses
Taxes: $7,331
    Income

FEATURES AND DETAILS

CONSTRUCTION: Wood Frame | Wood Siding | Price Per SQ.FT. 41.76 | Year Built: 1890
LAND DESCRIPTION: LOT DESCRIPTION: Level
Livable Space: 6884
Above Grade Sq.Ft.: 6449
Below Grade Sq.Ft.: 435
Foundation: Stone
Heating: Oil | Baseboard | Forced Air | Hot Water
Cooling: Central AC
Electric: Circuit Breaker(s)
Style: Other
Roof: Slate
Water: Drilled Well
Sewer: Public
Lot size: 2.02 acres
Zoned: commercial
Surveyed: Yes
Flood Zone: Unknown
Seasonal: No
Roads: Paved | Public
Driveway: Gravel

ADDITIONAL INFORMATION
Taxes $7,331  | Assesed Value $0 in
SCHOOLS
15 Buck Rd. Hanover, NH 03755 603-643-3942

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

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