Last Sold Price
3,300 sqft$112/sqft
54 Mechanic St, Castleton, VT 05735

Description

Great Investment Opportunity located in downtown Castleton and walking distance to Vermont State University. Minutes to Lake Bomoseen and a short drive to Killington and Pico ski areas. Recently renovated with 2 units both with 4 bedrooms and 1 bath. Currently rented until May 2025. Either a great investment or live in one unit and rent the other collecting serious rental income. Figures available to qualified buyers.Great Investment Opportunity located in downtown Castleton and walking distance to Vermont State University. Minutes to Lake Bomoseen and a short drive to Killington and Pico ski areas. Recently renovated with 2 units both with 4 bedrooms and 1 bath. Currently rented until May 2025. Either a great investment or live in one unit and rent the other collecting serious rental income. Figures available to qualified buyers.
LISTING CLOSED: 01/16/2025 12:00 AM

  1. Listed by Bill Gilbert • Gilbert Realty and Development

Sold By Gilbert Realty and Development

Property Details for 54 Mechanic Street

Status
MLS #
5004856
Days on Market
91
Taxes
$3,076 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi Family
Year Built
1920
Lot Size
0.20 AC / 8,712 SF
Parking
On-Site
Zoning
residential

Location

Add your commute

Building Information for 54 Mechanic Street

Stories2Residences2Year Built1920Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$2,127 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,870

Property Taxes

$256

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 54 Mechanic Street

Summary
Location and General Information
  • City: Castleton
  • County: VT-Rutland
  • Directions: Sign. Use GPS
  • Latitude: 43.612634624798531
  • Longitude: -73.177703542327876
  • Road Frontage: Yes
  • Seasonal: No
  • State: VT
  • Street Designation: Street
  • Zip Code: 05735
Taxes and HOA Information
  • SPAN Number: 129-040-11017
  • Tax Year: 2024
  • Taxes TBD: No
School Information
  • School - High: Fair Haven UHSD #16
  • School - District: CastletonHubbardton USD 4
  • School - Elementary: Castleton Elementary School
  • School - Middle/Jr: Castleton-Hubbardton Village
Parking
  • Garage: No
  • Driveway: Gravel
Property
Lot Information
  • Lot - Sqft: 8712.0
  • Lot Features: Level
  • Lot Size Acres: 0.2
  • Road Frontage Length: 84.0
  • Square Feet Apx Finished Above Grade: 3300.0
  • Square Feet Apx Finished AG Source: Other
  • Square Feet Apx Finished Below Grade: 0.0
  • Square Feet Apx Finished BG Source: Other
  • Square Feet Apx Total: 4950.0
  • Square Feet Apx Total Finished: 3300.0
  • Square Feet Apx Unfinished Above Grade: 0.0
  • Square Feet Apx Unfinished AG Source: Other
  • Square Feet Apx Unfinished Below Grade: 1650.0
  • Square Feet Apx Unfinished BG Source: Other
Property and Assessments
  • Property Class: Multi-Family
  • Easements: Yes
  • Flood Zone: No
  • Foundation: Stone
  • PreConstruction: No
  • Surveyed: No
  • Year Built: 1920
Utilities
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Public
  • Utilities: Cable
  • Separate Utilities: Yes
  • Internet: Unknown
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame, Wood Siding
  • Features - Exterior: Shed
  • Roof: Slate
  • Total Ranges: 2
Interior Features
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Interior Access
  • Total Full Baths: 2
  • Flooring: Vinyl Plank
  • Heating: Propane, Baseboard
  • Cooling: None
  • Total Refrigerators: 2
  • Total Stories: 2
Multi Family
Income & Expenses Information
  • Gross Income: $57,120.00
Multi-Family Information
  • Total Units: 2
  • Total 1 BR Units: 0
  • Total 2 BR Units: 0
  • Total 3+ BR Units: 2

Property History for 54 Mechanic Street

DateEvent & SourcePriceAppreciation
Jan 16, 2025

Sold

New England Real Estate Network #5004856

$368,000
Jan 16, 2025

Pending

New England Real Estate Network #5004856

Oct 18, 2024

Active Under Contract

New England Real Estate Network #5004856

DateEvent & SourcePrice
01/16/2025

Sold

New England Real Estate Network #5004856

$368,000
01/16/2025

Pending

New England Real Estate Network #5004856

10/18/2024

Active Under Contract

New England Real Estate Network #5004856

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

Public Records for 54 Mechanic Street

Taxable ValueLand$57,100Additions$281,400Total$338,500
Tax Record2024$3,517 ($293 / month)
Home Facts
Total Finished SqFt2,428 SqFtAbove Grade Finished SqFt2,428 SqFtStories2Lot Size8,712 SqFtStyleDuplexYear Built1920ZoningNCCountyRUTLANDAPN(040) 455000028

Schools near 54 Mechanic Street

This home is within Slate Valley Unified Union School District #62.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Gilbert Realty and Development

Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 08/12/2026 05:49 AM