589 South St Castleton, VT 05735
Castleton AreaEstimated payment $1,879/month
Total Views
10,494
--
Bed
--
Bath
2,000
Sq Ft
$148
Price per Sq Ft
Highlights
- Colonial Architecture
- Baseboard Heating
- Walk-Up Access
- Zoned Heating
- Level Lot
About This Home
Investment Opportunity!! Just outside the campus of Vermont State University this 2-unit multi-family property brings multiple options to consider. Situated on almost a one acre level lot with fencing on three sides this property offers privacy along with convenience. Each unit features 3 bedrooms and 1 bathroom. Current leases in place through May 2027. Easy proximity to everything Rutland County has to offer for all four seasons - Lake Bomoseen, Killington and Pico. Walking distance to downtown Castleton for restaurants and amenities. Detailed financials available.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,266
Year Built
- Built in 1880
Lot Details
- 39,204 Sq Ft Lot
- Level Lot
Parking
- Gravel Driveway
Home Design
- Colonial Architecture
- Concrete Foundation
- Wood Frame Construction
- Slate Roof
Interior Spaces
- Property has 2 Levels
Basement
- Walk-Up Access
- Interior Basement Entry
Schools
- Castleton Elementary School
- Fair Haven Grade Middle School
- Fair Haven Uhsd #16 High School
Utilities
- No Cooling
- Zoned Heating
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Propane
- 150 Amp Service
- Cable TV Available
Community Details
Overview
- 2 Units
Building Details
- 2 Leased Units
- Gross Income $47,060
- Net Operating Income $31,868
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,737 | $204,500 | $59,500 | $145,000 |
| 2024 | $2,737 | $108,100 | $38,400 | $69,700 |
| 2023 | $2,394 | $108,100 | $38,400 | $69,700 |
| 2022 | $2,279 | $108,100 | $38,400 | $69,700 |
| 2021 | $2,307 | $108,100 | $38,400 | $69,700 |
| 2020 | $2,358 | $108,100 | $38,400 | $69,700 |
| 2019 | $0 | $108,100 | $38,400 | $69,700 |
| 2018 | $2,207 | $108,100 | $38,400 | $69,700 |
| 2017 | $2,208 | $108,100 | $38,400 | $69,700 |
| 2016 | $2,218 | $108,100 | $38,400 | $69,700 |
| 2015 | -- | $1,081 | $0 | $0 |
| 2014 | -- | $1,074 | $0 | $0 |
| 2013 | -- | $1,074 | $0 | $0 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/23/2026 07/23/26 | Price Changed | $295,000 | -7.8% | $148 / Sq Ft | |
| 06/02/2026 06/02/26 | For Sale | $319,900 | +45.4% | $160 / Sq Ft | |
| 11/08/2024 11/08/24 | Sold | $220,000 | -11.6% | $110 / Sq Ft | View Prior Sale |
| 10/16/2024 10/16/24 | Pending | -- | -- | -- | |
| 07/12/2024 07/12/24 | For Sale | $249,000 | -- | $125 / Sq Ft |
Source: PrimeMLS
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Deed | $220,000 | -- | |
| Partnership Grant Deed | -- | -- | |
| Grant Deed | $54,000 | -- |
Source: Public Records
About the Listing Agent
Raised in Vermont since the age of 4, Nancy has strong ties to the state. As a graduate of Poultney High School and Green Mountain College she knows the area well. Living year-round on Lake Saint Catherine provides a hard-to-find level of expertise. As the newly elected 2019 Vice-President of the Green Mountain Association of Realtors, Nancy is excited to bring her leadership skills to the local board and be a strong mentor for her community at large. With an extensive background in sales and
Nancy's Other Listings
Source: PrimeMLS
MLS Number: 5092323
APN: 129-040-12079
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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.
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