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.
Lot & Building Features
AppliancesWater Heater – Electric
UtilitiesOther
ConstructionWood Frame, Wood Siding
CoolingCentral AC
HeatingBaseboard, Oil, Hot Water, Forced Air
SewerPublic
Tax Year2023
Taxes Paid$7,330
WaterDrilled Well
Basement DescriptionPartially Finished
FoundationStone
Lot DescriptionLevel
RoofSlate
GarageNo
Price History of 1115 Route 4a West
Date
Name
Price
Difference
04/12/2024
Price Adjustment
$287,500
3.85%
10/14/2023
Listing Price
$299,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
1115 Route 4a West (MLS #4974336) is a multi-family listing located in Castleton, VT.
This multi-family listing is 6,884 sqft and on a lot of 87,991 sqft (or 2.02 acres) and is 135 years old. This property was listed on 10/03/2024 and has been priced for sale at $287,500.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
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Listing information courtesy of: Casella Real Estate
Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers. personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 01/07/2025