Listing Courtesy of:
Watson Realty Associates
Agency Phone: 802-773-3500
Associate Name: Mike Kalil
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.
Listed By
Agency Name: Watson Realty Associates
Agency Phone: 802-773-3500
Agent Name: Mike Kalil
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 4,410.76 per month $2,648.42 Principal & Interest $1,415.25 Property Tax $347.08 Homeowner's Insurance
2137 Route 30 N | MLS# 5067288
This multi-family property located at 2137 Route 30 N, Castleton, VT 05735 is currently listed for sale with an asking price of $1,190,000. Search Castleton real estate on www.masiellogrouprealestate.com today.