Listing Office: Realty One Group Lakes & Homes
Listing agent: Nancy Liberatore
Property Description

Prime Multi-Family Investment Opportunity in the Heart of Castleton! Investors, seize the opportunity to own this impressive multi-family property. These well maintained buildings offer a total of 12 units, providing a steady stream of rental income and excellent potential for growth. Each spacious unit features 2 bedrooms and 1 bath, offering tenants a comfortable and spacious living space. The units are equipped with many updates ensuring high tenant satisfaction and retention. The property boasts a strong rental history and is currently fully occupied, generating a reliable income stream for savvy investors. With separate meters for electricity, low maintenance costs and a solid rental market demand in the area, this property presents a lucrative investment opportunity with great cash flow potential with a CAP rate of greater than 8%. Don’t miss out on this rare chance to add a profitable property to your investment portfolio. Take advantage of the growing rental market and secure your financial future with this exceptional investment opportunity.

Features
: Hot Water
: Concrete, Concrete Floor, Walkout, Sump Pump, Stairs - Exterior
: Shingle - Asphalt
: Public
: Carpet
: Common/shared
: Public
: Patio
Yes
Directly Adjoining
: Common Acreage, Trash Removal, Coin Laundry
: Circuit Breaker(s)
: Concrete
: Oil
: Telephone Available, Cable - Available, Dsl - Available
Address Map
US
VT
VT-Rutland
Castleton
05735
Meadow
35,53,79
Lane
0
W74° 49' 10.5''
N43° 35' 54.5''
35,53,79 Meadow Lane
From Route 4A in Castleton Village turn onto South Street. Go through Castleton University campus and continue to property on right. Use GPS.
MLS Addon
Realty One Group Lakes & Homes
$158
: Near Paths, Near Skiing, Near Snowmobile Trails, Village, In Town
5470
4529
0
Fair Haven UHSD #16
CastletonHubbardton USD 4
Castleton Elementary School
Fair Haven Grade School
residential
2024
$18,559
Landscaping,plowing,trash,water,condo Association Fee
No
0
$0
Monthly
26/04/2024 13:46:29
28/03/2024 19:56:15
Nancy
Liberatore

Multi-family For Sale

35, 53, 79 Meadow Lane, Castleton, Vermont 05735

0 Bedrooms
0 Bathrooms
11,648 Sqft
$1,575,000
Listing ID #4989481
Basic Details
Property Type : Multi-family
Listing Type : For Sale
Listing ID : 4989481
Price : $1,575,000
Bedrooms : 0
Rooms : 0
Bathrooms : 0
Full Bathrooms : 0
Half Bathrooms : 0
Year Built : 1971
Square Footage : 11,648 Sqft
Lot Area : 1.60 Acre
Property Type : Single Family
Status Category : Active
Listing Status : Active
Agent info
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