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.
Property Details
Property Features
Property Information:
Year Built: 1890
Stories: 2
Living Area: 6,884 SqFt
Listing Office:
Office Name: Casella Real Estate
Office Phone: (802) 772-7487
Listing Agent: Hughes Group Team
Interior Features
Interior Information:
Basement: Yes
Lot Features
Lot Information:
Lot Size: 2.02 Acres
Utilities
Utilities Information:
Heating: Baseboard, Forced Air, Hot Water
Cooling: Central Air
Price Information
Listing Price Info
Price Summary:
List Price: $287,500
Price Per SqFt: $42/SqFt
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Housing Market Comparison
See how this home compares to others in Castleton, VT.
Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 7:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Proctor Elementary School
14 School St
Distance between this listing and this school7.89 miles
Public District Grades PK-6
3
/10
Lothrop Elementary School
3447 US Route 7
Distance between this listing and this school8.46 miles
Public District Grades PK-6
6
/10
Putnam Central School
126 County Route 2
Distance between this listing and this school10.83 miles
Public District Grades PK-6
Nearby Schools
5
/10
Benson Village School
32 School St
Distance between this listing and this school5.74 miles
Public District Grades PK-8
3
/10
Fair Haven Grade School
115 N Main St
Distance between this listing and this school8.19 miles
Public District Grades PK-8
5
/10
Orwell Village School
494 Main St
Distance between this listing and this school9.13 miles
Public District Grades PK-8
Nearby Schools
3
/10
Fair Haven Union High School
33 Mechanic St
Distance between this listing and this school7.82 miles
Public District Grades 9-12
2
/10
Otter Valley Union High School
2997 Franklin St
Distance between this listing and this school8.25 miles
Public District Grades 7-12
3
/10
Proctor Jr. /Sr. High School
4 Park St
Distance between this listing and this school8.50 miles
The neighbors living near this home have an average income of $63,210. Typical income of Castleton, VT residents is between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1115 Rte 4a W
What is the listing price of this property?
The listing price of 1115 Rte 4a W property is $287,500.
What type of property is this?
The property 1115 Rte 4a W is land located in Castleton, Vermont, 05735.
Is this property for sale now?
Active Listing: 1115 Rte 4a W is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 1115 Rte 4a W in Castleton, VT and zip code 05735. This 6,884 square foot home, which was built in 1890, sits on a 2.02 acre lot. It has been listed on Rocket Homes since April 30, 2024 and is currently priced at $287,500.
The inventory of homes for sale in Castleton, VT between September 2024 and October 2024 increased by 16.7%. Listings spent 74 days on the market in October 2024, and had a median list price of $375,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.