If you’re looking for an investment property in Vermont, this single-family home located in Castleton might just be what you’re looking for. It is a picturesque town located in the heart of Vermont, known for its stunning natural beauty and friendly community.
This property is located right on Main Street, making it an ideal location for anyone looking to invest in a rental property. It is currently being used as a college rental with a lease in place until May 31st, 2024. This means that you can start earning income right away without having to worry about finding tenants.
The property sits on a level 0.40-acre lot, which is within walking distance to the Bird’s Eye Diner, Castleton Village store, Castleton University campus, and Amtrak train station. This location makes it an ideal investment property for those who appreciate convenience and accessibility.
The property features 3 bedrooms and 2 bathrooms, town water and sewer, a detached garage with a workshop/studio, and a separate garden shed. The new roof, installed in December 2021, and new hot water heater, installed in 2020, add to the property’s appeal.
The property has an excellent rental history, and a new lease is already in place for $1,750 per month, which includes utilities. This makes it an ideal investment property for those looking to earn passive income.
It’s important to note that coordinating showings with renters requires a 48-hour notice. However, this shouldn’t be a problem as it gives you enough time to plan ahead and coordinate with the renters.
In conclusion, this Vermont investment property for sale is an ideal investment opportunity for those looking for a rental property in a picturesque location with excellent rental history and accessibility. Don’t hesitate to reach out to the seller and schedule a viewing today!