$287,500
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1115 Route 4a West Castleton, VT 05735
Multi-Family
Residence
Beds
3
Baths
6,884
Sq. Ft.
2.02
Acre
Lot
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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 wit...h 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.
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MLS#
4974336
Property Type
Multi-Family
Bathrooms
3 Full
Year Built
1890
Square Feet
6,884
sq. ft
Price per Sq. Ft.
$41.76
Lot Size
2.02
Sewer
Public Sewer
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