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.
Active
Listed by:
Will Spanos,
KW Vermont-Killington Phone:802-345-0693
Price cut: $105K (5/16)
$1,495,000
35 Meadow Lane, Castleton, VT 05732
--beds
--baths
8,280sqft
Est.:
Multi Family
Built in 1971
-- sqft lot
$-- Zestimate®
$181/sqft
$-- HOA
What's special
Ample parkingSpacious unitsUpdated interiorsSolid brick buildings
- 35 days
- on Zillow |
- 341 |
- 18 |
Zillow last checked: 7 hours ago
Listing updated: May 16, 2025 at 07:48am
Listed by:
Will Spanos,
KW Vermont-Killington Phone:802-345-0693
Source: PrimeMLS,MLS#: 5038163

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Full bathrooms: 12
Heating
- Oil
Cooling
- Wall Unit(s)
Features
- Basement: Full,No Tenant Access,Exterior Entry,Walk-Out Access
Interior area
- Total structure area: 12,420
- Total interior livable area: 8,280 sqft
- Finished area above ground: 8,280
Property
Parking
- Parking features: Dirt, Driveway, On Site
- Has uncovered spaces: Yes
Features
- Levels: Two,Multi-Level
Lot
- Size: 1.6 Acres
- Features: Corner Lot, Country Setting, Landscaped, Level, Rental Complex, Trail/Near Trail, Walking Trails, In Town, Near Golf Course, Near Paths, Near Skiing, Near Snowmobile Trails, Neighborhood, Near Hospital, Near School(s)
Details
- Zoning description: Res
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick Exterior
- Foundation: Concrete
- Roof: Shingle - Asphalt
Condition
- New construction: No
- Year built: 1971
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Phone Available, Phone, High Speed Intrnt -Avail
Community & HOA
Location
- Region: Castleton
Financial & listing details
- Price per square foot: $181/sqft
- Annual tax amount: $21,219
- Date on market: 4/28/2025
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