35 Meadow
Castleton, VT 05732
- – beds
- – baths
- 8,280 sqft
- ~2 acre lot
- $193 per sqft
- 1971 build
- – on site
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. Contact Peak Property today to request the rent roll, financials, or to schedule a private showing.
Last checked:
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Last updated Apr 28, 2025
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MLS# 5038163 —
The Building
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Year Built:1971
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Pre-Construction:No
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Construction Status:Existing
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Construction Materials:Brick Exterior
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Architectural Style:Multi-Family, Multi-Level
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Roof:Shingle - Asphalt
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Foundation:Concrete
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Total Stories:2
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Total Units:12
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Approx SqFt Total:12420
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Approx SqFt Total Finished:8,280 Sqft
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Approx SqFt Finished Above Grade:8,280 Sqft
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Approx SqFt Finished Below Grade:0 Sqft
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Approx SqFt Unfinished Below Grade:4140
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Approx SqFt Unfinished Building Source:Estimated
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Approx SqFt Finished Above Grade Source:Estimated
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Road Frontage Type:Public Maintained Road
Interior
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Basement:Yes
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Basement Description:Full, No Tenant Access, Exterior Access
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Basement Access Type:Walkout
Location
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Latitude:43.598332000001001
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Longitude:-73.179924999999997
The Property
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Property Class:Multi-Family
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Seasonal:No
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Lot Features: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)
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Lot SqFt:69,696 Sqft
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Lot Acres:1 Sqft
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Zoning:Res
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Driveway:Dirt
Listing Agent
- Contact info:
- Office phone:
- (802) 353-1604
Taxes
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Tax Year:2024
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Taxes TBD:No
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Tax - Gross Amount:$21,219
Baths
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Total Full Baths:12
The Listing
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Price Per SqFt:193.24
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Foreclosed/Bank-Owned/REO:No
Heating & Cooling
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Heating:Oil
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Cooling:Wall AC Units
Utilities
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Utilities:Cable - Available, Telephone Available, Phone
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Sewer:Public
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Electric:Circuit Breaker(s)
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Water Source:Public
Schools
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Elementary School:Castleton Elementary School
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Middle Or Junior School:Fair Haven Grade School
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High School:Fair Haven UHSD #16
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School District:CastletonHubbardton USD 4
The Community
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Covenants:Unknown
Parking
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Parking:Driveway, On-Site
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/28/25
Apr 28, 2025
|
Listed / Active | PRIME_MLS | $1,600,000 |
