REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Mike Kalil • Watson Realty & Associates
$ 1,260,000
Est. payment /mo
New
2137 Route 30 Castleton, VT 05735
12,090 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 12,090 sqft
Price per Sqft $104
MLS Listing ID 5067288
Construction Status Existing
Year Built 1925
Annual Tax Amount $16,983
Tax Year 2026
Lot Size 6.840 Acres
Acres 6.84
Property Description
This property is part of 28 units package, could be purchased all or two 14 unit packages, please see MLS # 5067282, total price for all 28 units is $2,450.000 Great investment opportunity, Well maintained property in Castleton (Bomoseen) this property consists of two buildings, Front building with 10units consists of five 2 bedrooms , Three 1 bedrooms , One 3 bedrooms and an Efficiency unit, Back building is 4 units (town home styles)2 stories each unit all four are 2 bedroom units. Total of 14 units , Sits on a large parcel over 6.8_+Acres near lake bomoseen and conveniently on route 30 but buildings are far enough from the road, Plenty of parking , Vinyl siding and vinyl replacement windows, The pro forma Numbers on this property with 100% occupancy is As follows Gross revenues $213,156 A year With expenses just around $67,000 per year, not including management , regular maintenance calls, Vacancy rateAnd debt service, Current CAP Rate Above12% , 11 units are occupied currently the other 3 are in transition .3 Heating boilers service the front building and two boiler Services the back building.
Location
State VT
County Vt-rutland
Area Vt-Rutland
Zoning Residential
Rooms
Basement Entrance Interior
Basement Unfinished
Interior
Cooling None
Exterior
Utilities Available Cable, Telephone Available
Roof Type Metal,Slate
Building
Story 2
Sewer Plastic
Architectural Style Multi-Family
Construction Status Existing
