1115 Route 4a West Castleton, VT $ 287,500
1115 Route 4a West
$ 287,500
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1115 Route 4a West

Castleton, VT, 05735
$ 287,500
Baths0.0 Sq 7,319

Monthly Estimate*

$ 2,008

Listed by Hughes Group Team, Casella Real Estate, 802-772-7487, alexandra.morgan802@gmail.com
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Studio

Commercial Property for sale in Castleton, VT

for $287,500. This 7,319 square foot building was built in 1890 on a lot size of 2.02.

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.

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Commercial Active

Price

$ 287,500

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,330

Style

Multi-Family,Office

Lot Size

2.02

Year Built

1890

Town/City

Castleton

County/Region

Rutland

MLS | Web ID

4974326

Features
Interior
Basement Description Partially Finished
Basement Yes
Heating Fuel Oil
Total Number of Units 4
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General
Road Frontage TBD
Sewer Public
Heating Baseboard Forced Air Hot Water
Cooling Central AC
Utilities Telephone Available
Roof Slate
Flood Zone Unknown
Zoning unknown
Status Active
Year Built 1890
Tax Year 2023
Area VT-Rutland
Price Per Sq Ft 39.28
Tax Gross Amount 7330.64
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Exterior
Foundation Stone
Lot Size Area 2.02
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* Excluded Features
List By
Hughes Group Team

Listing Agent

Casella Real Estate

Broker

(802) 772-7487

Phone

alexandra.morgan802@gmail.com

Email

Affordability Calculator

$2,619
Per Month
77%
23%
0%
Monthly Principal & Interest
$2,008
Monthly Property Taxes
$611
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/12/2024$287,500 -3.85% Price Down
10/16/2023$299,000 Listed Price

Map


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1115 Route 4a West, Castleton, VT, 05735 is a Commercial Property for sale at $287,500 with 7,319 sqft and a lot size of 2.02. 1115 Route 4a West is a studio with 0.0 baths and was built in 1890. The property's zip code is 05735 which is in Castleton, VT