Lake Homes Realty
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1115 route 4a west

Castleton, VT 05735

$287,500

2.01 AC LOT
Commercial
Image 1
Acreage 2.02
Status Off Market
MLS # 4974326
County Rutland
More Info
Category Commercial
Status Off Market
Acreage 2.02
MLS # 4974326
County Rutland
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.
Location not available

Exterior Features

  • Construction Wood Frame, Wood Exterior
  • Roof Slate
  • Garage No
  • Water Drilled Well
  • Sewer Public

Interior Features

  • Heating Baseboard, Forced Air, Hot Water, Oil
  • Cooling Central AC
  • Basement Partially Finished
  • Year Built 1890

Financial Information

  • Zoning unknown

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