1607 Main Street

Closed 4/2/13
Closed 4/2/13
Gallery Image 1
Sold
Last Sold Price
$160,000
8 beds3,484 sqft$46/sqft
1607 Main St, Castleton, VT 05735
Multi FamilyProperty Type
0.73 acresLot Size
1982Year Built
$46/sq ftPrice per sq ft

Description

Great investment property! Come see this 4-unit complex located minutes from Castleton State College and beautiful Lake Bomoseen. Rental units are well-maintained and with separate utilities; excellent income producing with tenants already in place. Each unit has 2 Bedrooms and 1 full Bathroom. Plenty of parking with potential opportunity for a seasonal snack bar.Great investment property! Come see this 4-unit complex located minutes from Castleton State College and beautiful Lake Bomoseen. Rental units are well-maintained and with separate utilities; excellent income producing with tenants already in place. Each unit has 2 Bedrooms and 1 full Bathroom. Plenty of parking with potential opportunity for a seasonal snack bar.

    Sold By Gilbert Realty and Development

    • Listed by: Christopher Lawrence • Gilbert Realty and Development
    Listing closed: 04/02/2013 12:00 AM • Source: New England Real Estate Network, MLS#: 4209138
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    Location

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    $1,107 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $813

    Property Taxes

    $294

    HOA Dues

    $0

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    Property Information for 1607 Main Street

    Property Details
    • Taxes: $3,525 / year
    • MLS Type: Multi Family
    • County: Rutland County
    • Development / Subdivision: None (Cas)
    • Parking: On-Site
    • Zoning: Comercial
    Building Information
    • Stories: 2
    • Residences: 4
    • Year Built: 1982
    • Lot Size: 0.73 AC / 31,798 SF
    Summary
    Location and General Information
    • Area Description: Village
    • City: Castleton
    • County: VT-Rutland
    • Directions: From Castleton Village ~ Route 4A West ~ Approximately 2 miles towards Castleton Corners ~ On left before train tracks.
    • Road Frontage: Yes
    • Seasonal: No
    • State: VT
    • Map: 20
    • Zip Code: 05735
    Taxes and HOA Information
    • Tax Expenses: $3,346.00
    • SPAN Number: 12904012394
    • Tax - Gross Amount: $3,525.18
    • Tax Year: 2012
    School Information
    • School - High: Fair Haven UHSD #16
    • School - Middle/Jr: Castleton-Hubbardton Village
    Parking
    • Garage: No
    • Garage Capacity: .00
    • Driveway: Gravel
    Property
    Lot Information
    • Block: 25
    • Lot: 36
    • Lot - Sqft: 31500.0
    • Lot Size Acres: 0.73
    • Road Frontage Length: 225.0
    • Square Feet Apx Finished Above Grade: 3484.0
    • Square Feet Apx Finished Below Grade: 0.0
    • Square Feet Apx Total Finished: 3484.0
    • Water Frontage Length: 0.0
    Property and Assessments
    • Current Use: No
    • Property Class: Multi-Family
    • Flood Zone: Unknown
    • Foundation: Block
    • PreConstruction: No
    • ROW - Length: 0
    • ROW - Parcel Access: No
    • ROW - Width: 0
    • ROW to other Parcel: No
    • Surveyed: No
    • Year Built: 1982
    Utilities
    • Electric Company: CVPS
    • Electric: 100 Amp
    • Sewer: Public
    • Utilities: Gas - LP/Bottle
    • Total Gas Meters: 4
    • Total Electric Meters: 4
    • Separate Utilities: Yes
    Interior and Exterior Features
    Exterior Features
    • Color: Brown
    • Features - Exterior: Deck
    • Roads: Public
    • Roof: Metal
    • Total Ranges: 4
    Interior Features
    • Basement: Yes
    • Basement Description: Crawl Space
    • Total Full Baths: 4
    • Baths - Full: 4
    • Flooring: Carpet, Tile, Vinyl
    • Heat Fuel: Gas - LP/Bottle
    • Heating: Floor Furnace, Individual
    • Cooling: Individual
    • Total Refrigerators: 4
    • Total Rooms Above Ground: 12
    • Total Stories: 2
    • Total Water Heaters: 4
    Multi Family
    Income & Expenses Information
    • Gross Income: $21,000.00
    • Expenses - Annual: $6,000.00
    • Expenses - Insurance: $2,600.00
    • Expenses - Heat: $0
    • Expense - Utility: $0
    • Expenses - Trash: $1,080.00
    • Expenses - Water: $850.00
    • Operating Expense Incl: Insurance, Maintenance, Snow Removal, Water/Sewer
    Multi-Family Information
    • Total Units: 4
    • Total 1 BR Units: 0
    • Total 2 BR Units: 4
    • Total 3+ BR Units: 0
    • Total Heat Units: 4
    • Unit Info: Deck, Heat - Gas, Laundry Hookup, Refrigerator
    Unit Information
    Unit 1
    • Unit 1 Baths: 1
    • Unit 1 Bedrooms: 2
    • Unit 1 Lease Term: Month to Month
    • Unit 1 Level Number: 1st
    • Unit 1 Rental Amt Freq: Monthly
    • Unit 1 Apx Sqft: 870.0
    • Unit 1 Rooms: 3
    • Unit 1 Rental Amount: $650.00
    • Unit 1 Info: Appliances Included
    Unit 2
    • Unit 2 Baths: 1
    • Unit 2 Rooms: 3
    • Unit 2 Level Number: 2nd
    • Unit 2 Rental Amt Freq: Monthly
    • Unit 2 Apx Sqft: 870.0
    • Unit 2 Bedrooms: 2
    • Unit 2 Rental Amount: $650.00
    • Unit 2 Info: Appliances Included
    Unit 3
    • Unit 3 Baths: 1
    • Unit 3 Rooms: 3
    • Unit 3 Level Number: 2nd
    • Unit 3 Rental Amt Freq: Monthly
    • Unit 3 Apx Sqft: 870.0
    • Unit 3 Bedrooms: 2
    • Unit 3 Rental Amount: $650.00
    • Unit 3 Info: Appliances Included
    Unit 4
    • Unit 4 Lease Term: Month to Month
    • Unit 4 Level Number: 1st
    • Unit 4 Rooms: 3
    • Unit 4 Baths: 1
    • Unit 4 Apx Sqft: 870.0
    • Unit 4 Bedrooms: 2
    • Unit 4 Rental Amount: $.00
    • Unit 4 Info: Appliances Included
    Rental
    Rent Information
    • Total Leases: 0
    • Rent Includes: Sewer, Snow Removal, Trash, Water

    Property History for 1607 Main Street

    DateEvent & SourcePriceAppreciation
    Apr 9, 2013

    Sold (Public Record)

    Public Record #353558443

    		$160,000

    -0.7% / yr

    Apr 2, 2013

    Sold

    New England Real Estate Network #4209138

    		$160,000—
    Jan 5, 2013

    Listed (Active)

    New England Real Estate Network #4209138

    		$245,000—
    DateEvent & SourcePrice
    04/09/2013

    Sold (Public Record)

    Public Record #353558443

    $160,000

    -0.7% / yr

    04/02/2013

    Sold

    New England Real Estate Network #4209138

    $160,000
    01/05/2013

    Listed (Active)

    New England Real Estate Network #4209138

    $245,000

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public Records for 1607 Main Street

    Taxable ValueLand$93,700Additions$166,100Total$259,800
    Tax Record2024$4,484 ($374 / month)
    Home Facts
    Lot Size31,799 SqFtStyleMiscellaneous CommercialZoningVCCountyRUTLANDAPN(040) 252000036

    Schools near 1607 Main Street

    This home is within Slate Valley Unified Union School District #62.
    Rating
    School
    Type
    Grades
    Distance
    Castleton Elementary School
    		Public - PK to 6
    Fair Haven Uhsd #16
    		Public - 7 to 12
    Castleton Village School
    		Public - 6 to 8
    Rating
    School
    Distance
    Castleton Elementary School
    PublicPK to 6

    Fair Haven Uhsd #16
    Public7 to 12

    Castleton Village School
    Public6 to 8

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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    Listing Courtesy of Gilbert Realty and Development

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