$1,190,000
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2137 Route 30 N Castleton, VT 05735
Multi-Family
Residence
Beds
14
Baths
...
Bed/Bath
12,090
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
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.
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MLS#
5067288
Property Type
Multi-Family
Bathrooms
14 Full
Year Built
1925
Square Feet
12,090
sq. ft
Price per Sq. Ft.
$98.43
Lot Size
6.84
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