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    Castleton Multifamily Investment Opportunity Title is generated by Realmo AI

    2137 Route 30 N, Castleton, VT 05735

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    For Sale
    $1,190,000

    Well-maintained 14-unit property near Lake Bomoseen on 6.8 acres.

    Type:Investment
    Lot size:
    6.84 Acres
    Added:
    Mar 11, 2026
    Days on Market:
    119
    Last Refresh:
    Jul 2 at 8:05 am

    Property Features for 2137 Route 30 N

    General Information

    Standard status
    Active
    Lot size
    6.84 Acres
    Property subtype
    Investment

    Building Details

    Year Built
    1925

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    Mohammad Kalil

    Listing office

    Listing date Mar 11, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Mohammad Kalil

    HighLights

    • Great investment opportunity with a current CAP Rate above 12%.
    • Pro forma gross revenues of $213,156 per year with $67,000 in expenses (excluding management, maintenance, vacancy, and debt service).
    • Well‑maintained property consisting of 14 units across two buildings.
    • Large parcel of over 6.8 acres near Lake Bomoseen.
    • Mix of unit types: 2‑bedroom, 1‑bedroom, 3‑bedroom, and efficiency units, plus 2‑story townhome‑style units.
    • Vinyl siding and vinyl replacement windows.

    Overview

    This well-maintained property in Castleton (Bomoseen) presents an investment opportunity. It comprises 14 units situated on a large parcel of over 6.8 acres near Lake Bomoseen and conveniently located on Route 30. The buildings are set back from the road, providing ample parking. The front building contains 10 units, consisting of five 2-bedroom units, three 1-bedroom units, one 3-bedroom unit, and an efficiency unit. The back building features four 2-bedroom townhome-style units, each spanning two stories. The property features vinyl siding and vinyl replacement windows. The pro forma numbers with 100% occupancy indicate gross revenues of $213,156 per year, with expenses around $67,000 per year, not including management, regular maintenance calls, vacancy rate, and debt service. The current CAP Rate is above 12%. Currently, 11 units are occupied, and the other 3 are in transition. Three heating boilers service the front building, and two boilers service the back building. This property is part of a 28-unit package and can be purchased as two 14-unit packages.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Hotel & Motel Grocery & Convenience Store Storage Facility Car Rental Facility Building Supply Real Estate Agency Auto Repair Shop Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Castleton
    County
    Rutland
    State
    Vermont
    Longitude
    -73.2109
    Latitude
    43.5883

    FAQs

    What type of property is this?
    Apartment building - Well-maintained 14-unit property near Lake Bomoseen on 6.8 acres.
    Where is this apartment building located?
    The property is located at 2137 Route 30 N Castleton, VT.
    What is the asking price?
    The asking price for this property is $1,190,000.
    What are key features of this property?
    This property features: Great investment opportunity with a current CAP Rate above 12%.; Pro forma gross revenues of $213,156 per year with $67,000 in expenses (excluding management, maintenance, vacancy, and debt service).; Well‑maintained property consisting of 14 units across two buildings.
    More about this property
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