If you are looking for a charming investment property in the heart of Vermont, this single-family home located on Main Street in Castleton is worth considering. This lovely property is currently being used as a college rental, with a lease in place until May 31st, 2024.
With a level 0.40-acre lot, this property is conveniently located within walking distance of several local attractions, including the Bird’s Eye Diner, Castleton Village store, Castleton University campus, and the Amtrak train station. This makes it an excellent choice for tenants who prefer to live close to amenities and public transportation.
The property consists of a three-bedroom, two-bathroom house with town water and sewer. It also includes a detached garage with a workshop/studio and a separate garden shed. The new roof, installed in December 2021, and the new hot water heater, installed in 2020, ensure that this property is in excellent condition and ready for new tenants.
The property’s rental history is impressive, with an excellent rental income of $1750 per month, including utilities. This makes it a lucrative investment opportunity for those looking for a steady stream of income.
It’s important to note that showings require 48-hours’ notice to coordinate with the current renters. However, with its prime location, excellent rental history, and recent upgrades, this Vermont investment property is definitely worth considering.
Overall, this Vermont investment property for sale is a fantastic opportunity for investors looking to add a charming, well-located rental property to their portfolio. With its level lot, detached garage, and separate garden shed, this property offers plenty of space and potential for new tenants. Don’t miss out on this fantastic opportunity – schedule a showing today!
1077 Main Street, Castleton, VT 05735