• Property photo 1
    Castleton, VT $1,190,000
  • Property photo 2
    Castleton, VT $1,190,000
  • Property photo 3
    Castleton, VT $1,190,000
  • Property photo 4
    Castleton, VT $1,190,000
  • Property photo 5
    Castleton, VT $1,190,000
  • Property photo 6
    Castleton, VT $1,190,000
  • Property photo 7
    Castleton, VT $1,190,000
  • Property photo 8
    Castleton, VT $1,190,000
  • Property photo 9
    Castleton, VT $1,190,000
  • Property photo 10
    Castleton, VT $1,190,000

2137 Route 30 N

Castleton, VT 05735

MLS # 5067288 Multi-Family Active
$16,983
Taxes
12,090
Square feet
14
# of units
6.84
Acres

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.

Property Type Multi-Family
# of Units 14
Subdivision Name N/A
Year Built 1925
Parking N/A
Road Frontage N/A
Acres 6.84
Gross Income 213165
Annual Expenses 56619
# of Gas Meters N/A
# of Electric Meters N/A
Sq Ft (Above Ground) 12090
Sq Ft (Below Ground) 0
Total Sq Ft 12090
Land Description N/A
Elementary School N/A
Middle School N/A
High School N/A
Financing Details N/A
Documents Available N/A