35 Meadow Ln Castleton, VT 05735
Estimated payment $9,898/month
Highlights
- 1.6 Acre Lot
- Trails
- High Speed Internet
- Corner Lot
About This Home
Prime Multi-Family Investment Opportunity in Castleton, Vermont
This is a rare opportunity to acquire three solid brick buildings, each containing four units, for a total of twelve rental units in the heart of historic Castleton. Nearly all of the units have been extensively renovated, offering updated interiors and minimal capital improvements needed.
The property maintains near 100% occupancy, reflecting strong rental demand and stable income. Located just minutes from Lake Bomoseen and Castleton University, this portfolio benefits from a highly desirable location with consistent tenant interest.
Each building offers spacious units, ample parking, and a walkable neighborhood setting. The buildings are centrally located within the charming downtown area, providing easy access restaurants and other community amenities.
This is a turnkey investment opportunity that provides reliable cash flow and long-term appreciation potential. It’s ideal for both seasoned investors and those looking to grow their multi-family portfolio.
Listing Agent
KW Vermont-Killington Brokerage Phone: 802-345-0693 License #082.0134746 Listed on: 04/28/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,219
Year Built
- Built in 1971
Lot Details
- 1.6 Acre Lot
- Corner Lot
- Level Lot
Home Design
- Brick Exterior Construction
- Concrete Foundation
- Shingle Roof
Interior Spaces
- Property has 2 Levels
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- Dirt Driveway
- On-Site Parking
Schools
- Castleton Elementary School
- Fair Haven Grade Middle School
- Fair Haven Uhsd #16 High School
Utilities
- High Speed Internet
Community Details
Recreation
- Trails
Additional Features
- 12 Units
- Gross Income $208,800
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | Off Market | $1,450 | -- | -- |
| 05/16/2025 05/16/25 | Price Changed | $1,495,000 | -6.6% | $181 / Sq Ft |
| 04/28/2025 04/28/25 | For Sale | $1,600,000 | 0.0% | $193 / Sq Ft |
| 01/26/2025 01/26/25 | Price Changed | $1,450 | -1.7% | $2 / Sq Ft |
| 01/23/2025 01/23/25 | Price Changed | $1,475 | 0.0% | $2 / Sq Ft |
| 01/23/2025 01/23/25 | For Rent | $1,475 | +5.4% | -- |
| 01/04/2025 01/04/25 | Off Market | $1,400 | -- | -- |
| 06/21/2024 06/21/24 | For Rent | $1,400 | 0.0% | -- |
| 06/19/2023 06/19/23 | For Rent | $1,400 | 0.0% | -- |
| 04/25/2023 04/25/23 | Price Changed | $1,400 | +100.0% | $2 / Sq Ft |
| 03/14/2023 03/14/23 | Price Changed | $700 | -50.0% | $1 / Sq Ft |
| 03/13/2023 03/13/23 | For Rent | $1,400 | -- | -- |
Source: PrimeMLS
MLS Number: 5038163
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