- beds
- —
- baths
- —
- sq ft
- 2,000
- Built
- 1880
589 South Street
Castleton, VT 05735
Residential Income · Active · MLS #5092323
Listing Courtesy of Lakes & Homes Real Estate | Nancy Liberatore
The home
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 information
Details at a glance
Interior2 property facts
- Heating
- Baseboard, Hot Water, Zoned, Propane
- Cooling
- None
Building3 property facts
- Style
- Multi Family
- Year built
- 1880
- Roof
- Slate
Land & utilities4 property facts
- Lot size
- 0.9 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- R2
Financial2 property facts
- Annual taxes
- $3,302
- Assessment year
- 2026
Plan your purchase
Estimated monthly cost
Explore costs at the $275,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$1,666 / monthAdjust
- Principal & interest
- $1,391
- Property tax
- $275
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $3,302. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Listing history
Price and status timeline
No additional listing history is available for public display.
Compare with confidence
Price & market context
See how this home compares with active listings in Castleton.
| Metric | This home | Local listings |
|---|---|---|
| List price | $275,000 | $275,000Near the local benchmark |
| Price / sq ft | $138 | $10926% above local |
| Days on market | 77 | 15851% below local |
Active city listing statistics from PrimeMLS as of September 12, 2026. Asking prices are not completed-sale values.
Keep exploring
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Need help making sense of this home?
Common questions
About 589 South Street
Can I request a private showing?
Request a tour of 589 South Street and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
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