$1,600,000 | $193 per sq.ft. | MLS# 5038163
A
12
Unit Multi Family Home, 35 Meadow Lane Castleton VT
With 12 - Two Bedroom Units
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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.
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Annual Expenses
Taxes: $21,219 |
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Income
Gross Income | $
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FEATURES AND DETAILS
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CONSTRUCTION: Brick Exterior | Exterior Color Brick | Price Per SQ.FT. 193.24 | Year Built: 1971
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LAND DESCRIPTION:
LOT DESCRIPTION: Corner | Country Setting | Landscaped | Level | Rental Complex | Trail/Near Trail | Walking Trails | In Town | Near Golf Course | Near Paths | Near Skiing | Near Snowmobile Trails | Neighborhood | Near Hospital | Near School(s)
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Livable Space: 8280
Above Grade Sq.Ft.: 8280
Below Grade Sq.Ft.: 0
Foundation: Concrete
Heating: Oil
Cooling: Wall AC Units
Electric: Circuit Breaker(s)
Style: Multi-Family | Multi-Level
Roof: Shingle - Asphalt
Water: Public
Sewer: Public
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Lot size: 1.6 acres
Zoned: Res
Surveyed: Unk
Flood Zone: No
Seasonal: No
Garage And Parking: Driveway | On-Site
Driveway: Dirt
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ADDITIONAL INFORMATION
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Taxes $21,219 | Assesed Value $0 in |
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SCHOOLS
School District: CastletonHubbardton USD 4
Elementary School: Castleton Elementary School
Middle School: Fair Haven Grade School
High School: Fair Haven UHSD #16 |
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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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Copyright © 2025 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 April 29th, 2025
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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
https://www.sec.state.vt.us/media/711742/Mandatory-Consumer-Disclosure-for-a-Non-Designated-Agency-Brokerage-Firm-9-24-2015.pd
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM
http://www.nh.gov/nhrec/Brokerage%20Relationship%20Disclosure%20Form%207-19-11.pdf
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