1115 Route 4a West, Fair Haven, VT 05735
FOR SALE2.02 ACRES
Listed by Hughes Group Team, Casella Real Estate, (802) 772-7487

1115 Route 4a West
Fair Haven, VT 05735

  • Studio
  • 6,884 sqft (on 2.02 acres)
  • Studio
  • 6,884 sqft (on 2.02 acres)

$287,500

Original price: $299,000
Est. Mortgage $2,083/mo*
We estimate this home will sell faster than 81% nearby.

Local Information

map showing home location
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-- mins to
Commute Destination
Last check for updates: 40 minutes ago
Listing courtesy of Hughes Group Team
Casella Real Estate, (802) 772-7487
Source: PrimeMLS, MLS#4974336

Description

Discover an exceptional investment opportunity with this versatile 4-unit multiuse building. This property features a strategic mix of two spacious offices and 2 two-bedroom open-concept apartments, providing a diverse range of potential income streams. Unlock the full potential of this property with the possibility to convert the existing office space into additional apartments, enhancing rental income and maximizing return on investment. The finished space in the basement offers even more possibilities, whether utilized as a studio, office, or transformed into an extra apartment. 1.21 acres of the property are leased to the Town of Castleton through June of 2086 for an annual amount of $1. The purpose of this lease is for a community recreation area, no structures may be built on the property. Don't miss the chance to own a property that not only offers immediate revenue but also provides strategic options for future growth. Call today to schedule a viewing and explore the endless possibilities this multiuse building presents. Building is on the National Register of Historic Places.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$42
Listed
25 days ago

Home Details for 1115 Route 4a West

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Partially Finished,Interior Entry
Beds & Baths
Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 6884 Square Feet
Appliances & Utilities
Utilities: Other, High Speed Intrnt -Avail
Heating & Cooling
Heating: Baseboard,Forced Air,Hot Water,OilHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Baseboard
Gas & Electric
Electric: Circuit Breakers
Levels, Entrance, & Accessibility
Number of Stories: 2Levels: Two
View
No View

Exterior Features

Exterior Home Features
Roof: SlateFoundation: Stone
Parking & Garage
No GarageParking: Gravel
Frontage
Road Frontage: Public, TBDRoad Surface Type: Paved
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 6449 Square Feet

Days on Market

Days on Market: 25

Property Information

Year Built
Year Built: 1890
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Other
Building
Construction Materials: Wood Frame, Wood SidingNot a New Construction

Price & Status

Price
List Price: $287,500Price Per Sqft: $42

Location

Direction & Address
City: Castleton

Agent Information

Listing Agent
Listing ID: 4974336

Building

Building Area
Building Area: 7319 Square Feet

Lot Information

Lot Area: 2.02 Acres

Documents

Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.

Compensation

Buyer Agency Commission: 1Buyer Agency Commission Type: %Sub Agency Commission: 3Sub Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

BasementMls Number: 4974336Sub Agency Relationship Offered

Price History for 1115 Route 4a West

DatePriceEventSource
04/12/2024$287,500PriceChange
PrimeMLS #4974336
03/15/2024$299,000PendingToActivePrimeMLS #4974336
01/04/2024$299,000ContingentPrimeMLS #4974336
10/16/2023$299,000Listed For SalePrimeMLS #4974336
03/16/2019$299,900ListingRemovedAgent Provided
12/12/2018$299,900Listed For SaleAgent Provided

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Property Taxes and Assessment

Year2022
Tax
Assessment$331,000
Home facts updated by county records

Comparable Sales for 1115 Route 4a West

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.97
Multi-Family Home
$372,000
06/01/23
9
3
4,152
1.91
Multi-Family Home
$200,000
11/24/23
7
4
3,000
1.95
Multi-Family Home
$160,000
10/16/23
5
2
2,515
2.26
Multi-Family Home
$250,000
05/30/23
6
2
2,200
4.44
Multi-Family Home
$810,000
11/29/23
6
3
3,678
4.97
Multi-Family Home
$212,500
05/17/23
5
4
1,980
5.95
Multi-Family Home
$361,000
10/31/23
5
4
1,784
6.01
Multi-Family Home
$131,000
09/21/23
3
2
1,788
6.17
Multi-Family Home
$129,700
11/06/23
4
4
2,372

What Locals Say about Fair Haven

  • Wayne R.
    "Family friendly, safe neighborhood. Great for kids, family’s just starting out, and a wonderful place to retired "
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  • Wayne R.
    "It a true small town where you feel comfortable, all your neighbors are friendly, look out for one another and take huge pride in their town"
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  • Michella
    "I've lived in Fair haven off and on for 6 years. It's a pleasent town. Not too noisy but they have fun things to do all through out the year. "
    1
    Flag
  • Elizabeth L.
    "I LIVE HERE. YOU CAN WALK TO RESTAURANTS, SHOPPING, PARK, CHURCHES AND SCHOOL."
    1
    Flag

LGBTQ Local Legal Protections

Hughes Group Team, Casella Real Estate
Copyright 2024 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. Data last updated 2024-02-12 14:37:28 PST.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
1115 Route 4a West, Fair Haven, VT 05735 is a studio, 6,884 sqft multi-family built in 1890. This property is currently available for sale and was listed by PrimeMLS on Apr 4, 2024. The MLS # for this home is MLS# 4974336.