Presented By: Nancy Liberatore with Lakes & Homes Real Estate;
MLS# 5092323
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Disclaimer: The information contained in this listing has not been verified by Halliday Real Estate and should be verified by the buyer.
SQFT • 2,000
Home Details
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.
Presented By: Nancy Liberatore with Lakes & Homes Real Estate;
Interior Features for 589 South Street
Other Interior Features
Total Ranges2
Total Refrigerators2
InternetHigh Speed Intrnt Avail
Total Finished Area2000
Total Water Heaters2
Total 3+ BR Units2
Total 2 BR Units
Total 1 BR Units
Basement Access TypeWalk-up
BasementYes
Basement DescriptionInterior Stairs
Total Number of Units2
General for 589 South Street
AuctionNo
CityCastleton
Construction MaterialsWood Frame
Construction StatusExisting
CoolingNone
CovenantsUnknown
DOM52
DirectionsFrom Main Street Castleton Village turn onto South Street. Proceed just past campus parking lot to property on your left. See sign.
EasementsUnknown
Electric150 Amp Service
Electric CompanyGreen Mountain Power
Elementary SchoolCastleton Elementary School
Flood ZoneNo
GarageNo
Gross Income47060
HeatingPropane, Baseboard, Hot Water, Multi Zone
High SchoolFair Haven UHSD #16
Last Updated07/23/2026 20:15:36
Middle SchoolFair Haven Grade School
Net Income31868.33
Operating Expense1519167
PossessionAt Closing
Price Per Sq Ft Total AG147.5
Property ClassMulti-Family
Road FrontageYes
RoofSlate
School DistrictSlate Valley Unified School District
SeasonalNo
SewerPublic
Status Detail0
Stories Count2
StyleColonial
Tax Year2026
UtilitiesCable
Year Built1880
ZoningR2
current useNo
Exterior for 589 South Street
ColorWhite
DrivewayGravel
Foundation Concrete
Lot FeaturesLevel
Lot Size Area0.9
Lot Size Square Feet39204
Road Frontage Length151
Road Frontage TypePaved
SurveyedUnknown
Total Electric Meters2
Water SourcePublic
Additional Details
Price History
Schools
High SchoolFair Haven UHSD #16 High School
Elementary SchoolCastleton Elementary School
Middle SchoolFair Haven Grade School Middle School
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