589 South Street Castleton, VT $ 295,000
589 South Street
$ 295,000
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589 South Street

Castleton, VT, 05735
$ 295,000
Baths0.0 Sq 2,000

Monthly Estimate*

$ 1,863

Listed by Nancy Liberatore, Lakes & Homes Real Estate, 802-671-8042, liberatorenancy@gmail.com
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Studio

Multi-Family Home for sale in Castleton, VT

for $295,000. This 2,000 square foot home was built in 1880 on a lot size of 0.9.

Investment Opportunity!! Just outside the campus of Vermont State University this 2-unit multi-family property brings multiple options to consider. Situated on almost a one acre level lot with fencing on three sides this property offers privacy along with convenience. Each unit features 3 bedrooms and 1 bathroom. Current leases in place through May 2027. Easy proximity to everything Rutland County has to offer for all four seasons - Lake Bomoseen, Killington and Pico. Walking distance to downtown Castleton for restaurants and amenities. Detailed financials available.

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Multi-Family Active

Price

$ 295,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Colonial

Lot Size

0.9

Year Built

1880

Town/City

Castleton

County/Region

Rutland

MLS | Web ID

5092323

Features
Interior
Basement Description Interior Stairs
Basement Yes
Total Number of Units 2
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General
Road Frontage Yes
Sewer Public
Heating Propane Baseboard Hot Water Multi Zone
Cooling None
Utilities Cable
Possession At Closing
Roof Slate
Garage No
Flood Zone No
Zoning R2
Year Built 1880
Electric 150 Amp Service
Style Colonial
Stories Count 2
Net Income 31868.33
Property Condition Existing
Auction No
Tax Year 2026
Gross Income 47060
Status Detail 0
Covenants Unknown
Construction Materials Wood Frame
Directions From Main Street Castleton Village turn onto South Street. Proceed just past campus parking lot to property on your left. See sign.
High School Fair Haven UHSD #16
City Castleton
School District Slate Valley Unified School District
Seasonal No
Elementary School Castleton Elementary School
Middle School Fair Haven Grade School
DOM 66
Price Per Sq Ft Total AG 147.5
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Exterior
Lot Features Level
Driveway Gravel
Lot Size Area 0.9
Water Source Public
Foundation Concrete
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* Excluded Features
List By
Nancy Liberatore

Listing Agent

Lakes & Homes Real Estate

Broker

(802) 671-8042

Phone

liberatorenancy@gmail.com

Email

Affordability Calculator

$1,863
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,863
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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! What's my home worth?
Nearby
4760209 Elementary School
5434452 Middle School
Fair Haven UHSD #16 High School High School
Pricing History
DatePricePrice ChangeDescription
7/23/2026$295,000 -7.78% Price Down
6/2/2026$319,900 Listed Price

Map


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589 South Street, Castleton, VT, 05735 is a Multi-Family Home for sale at $295,000 with 2,000 sqft and a lot size of 0.9. 589 South Street is a studio with 0.0 baths and was built in 1880. The property's zip code is 05735 which is in Castleton, VT