Prime Multi-Family Investment Opportunity in Castleton, Vermont This is a rare opportunity to acquire three solid brick buildings, each containing four units, for a total of twelve rental units in the heart of historic Castleton. Nearly all of the units have been extensively renovated, offering updated interiors and minimal capital improvements needed. The property maintains near 100% occupancy, reflecting strong rental demand and stable income. Located just minutes from Lake Bomoseen and Castleton University, this portfolio benefits from a highly desirable location with consistent tenant interest. Each building offers spacious units, ample parking, and a walkable neighborhood setting. The buildings are centrally located within the charming downtown area, providing easy access restaurants and other community amenities. This is a turnkey investment opportunity that provides reliable cash flow and long-term appreciation potential. It's ideal for both seasoned investors and those looking to grow their multi-family portfolio.
Construction: Brick Exterior
Year Built: 1971
Style: Multi-Family | Multi-Level
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 12420
Above Grade Sq.Ft.: 8280
Basement: Full | No Tenant Access | Exterior Access
Foundation: Concrete
Exterior Color: Brick
Roof: Shingle - Asphalt
Garage And Parking: Driveway | On-Site
Seasonal: No
Heating: Oil
Cooling: Wall AC Units
Electric: Circuit Breaker(s)
Utilities: Cable - Available | Telephone Available | Phone
Electric Meters:
Water: Public
Sewer: Public
Land Information
Corner | Country Setting | Landscaped | Level | Rental Complex | Trail/Near Trail | Walking Trails | In Town | Near Golf Course | Near Paths | Near Skiing | Near Snowmobile Trails | Neighborhood | Near Hospital | Near School(s)
Lot size: 1.6 acres
Zoned: Res)
Surveyed: Unk
Flood Zone: No
Driveway: Dirt