1115 Route 4A W, Castleton, Vermont, United States | Homes For Sale at GLOBAL LISTINGS

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Home For Sale

$287,500

1115 Route 4A W
Castleton, Vermont, United States

3ba

Listed By: Realtyww Info

Listed On: 07/18/2024

Listing ID: GL11917163 View More Details

Description

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.

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Listed by: Hughes Group Team