Castleton VT Multi Family for Sale
$175,000
1087 Blue Star Drive Ira, VT 05735
- Type:
- Multi-Family
- Sq.Ft.:
- 2,300
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 2.3 Acres
- Year built:
- 1945
- Baths:
- 3.00
- MLS#:
- 5008894
ADDITIONAL INFORMATION
This property features a great investment opportunity. A three bedroom doublewide home and a seperate 3 unit apartment building. Great rental history with property needing some TLC. Long term tenants. Only minutes to Vermont State University Castleton, Lake Bomoseen and Rutland. Live in the doublewide and rent the other 3 units or rent everything.
- Type:
- Multi-Family
- Sq.Ft.:
- 3,300
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.2 Acres
- Year built:
- 1920
- Baths:
- 2.00
- MLS#:
- 5004856
ADDITIONAL INFORMATION
Great Investment Opportunity located in downtown Castleton and walking distance to Vermont State University. Minutes to Lake Bomoseen and a short drive to Killington and Pico ski areas. Recently renovated with 2 units both with 4 bedrooms and 1 bath. Currently rented until May 2025. Either a great investment or live in one unit and rent the other collecting serious rental income. Figures available to qualified buyers.
- Type:
- Multi-Family
- Sq.Ft.:
- 6,884
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 2.02 Acres
- Year built:
- 1890
- Baths:
- 3.00
- MLS#:
- 4974336
ADDITIONAL INFORMATION
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.
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Castleton Real Estate
The median home value in Castleton, VT is $283,700. This is higher than the county median home value of $268,600. The national median home value is $338,100. The average price of homes sold in Castleton, VT is $283,700. Approximately 53.87% of Castleton homes are owned, compared to 15.47% rented, while 30.66% are vacant. Castleton real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Castleton real estate agent to arrange a tour today!
Castleton, Vermont 05735 has a population of 4,605. Castleton 05735 is more family-centric than the surrounding county with 26.06% of the households containing married families with children. The county average for households married with children is 22.91%.
The median household income in Castleton, Vermont 05735 is $43,257. The median household income for the surrounding county is $59,751 compared to the national median of $69,021. The median age of people living in Castleton 05735 is 35.9 years.
Castleton Weather
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 9.7 degrees. The average rainfall is approximately 40.7 inches per year, with 66.3 inches of snow per year.