Listed by Bill Gilbert • Gilbert Realty and Development. Bought with Gilbert Realty and Development.
Off Market Jan 2025 for $368K
$438,805
Est. refi paymentEst. refi$2,419/mo
—
bd
•
2 ba
•
3,300
sq ft
54 Mechanic St, Castleton, VT 05735
About this home
Great Investment Opportunity located in downtown Castleton and walking distance to Vermont State University. Minutes to Lake Bomoseen and a short drive to Killington and Pico ski areas. Recently renovated with 2 units both with 4 bedrooms and 1 bath. Currently rented until May 2025. Either a great investment or live in one unit and rent the other collecting serious rental income. Figures available to qualified buyers.
Multi-familyProperty Type
1920Year Built
8,712 sq ftLot Size
$133Est. Price/Sq.Ft.
Listed by Bill Gilbert• Gilbert Realty and Development
Bought with Bill Gilbert• Gilbert Realty and Development
Two family house with tenants in place, existing leases, owner pays trash removal and snow removal, tenants pay own heat and electric, one car garage 16x20, investment property, owner did not provide any expenses for this property, available upon request from qualified buyers, notice needed for showings, listing agent to accompany
Public Records
Jun 2, 2006
Sold
$160,000
$48/sq ft
Public Records
Dec 23, 1994
Sold
$85,000
$26/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,109 (+48.9%)
$57,100 + $281,400
$338,500
2024
$2,759 (+14.5%)
$30,600 + $108,300
$138,900
2023
$2,410 (−17.7%)
$30,600 + $108,300
$138,900
2022
$2,929 (−1.2%)
$30,600 + $108,300
$138,900
2021
$2,964 (−2.2%)
$30,600 + $108,300
$138,900
2020
$3,030 (+5.5%)
$30,600 + $108,300
$138,900
2019
$2,872 (+1.4%)
$30,600 + $108,300
$138,900
2018
$2,832 (−0.2%)
$30,600 + $108,300
$138,900
2017
$2,836 (−0.5%)
$30,600 + $108,300
$138,900
2016
$2,851 (+3.1%)
$30,600 + $108,300
$138,900
2015
$2,764 (+1,497.7%)
$30,600 + $108,300
$138,900
2011
$173
$24,500 + $84,000
$108,500
Tax history for 54 Mechanic St
Year
Property tax
Land + Additions
Assessment*
2025
$4,109 (+48.9%)
$57,100 + $281,400
$338,500
2024
$2,759 (+14.5%)
$30,600 + $108,300
$138,900
2023
$2,410 (−17.7%)
$30,600 + $108,300
$138,900
2022
$2,929 (−1.2%)
$30,600 + $108,300
$138,900
2021
$2,964 (−2.2%)
$30,600 + $108,300
$138,900
2020
$3,030 (+5.5%)
$30,600 + $108,300
$138,900
2019
$2,872 (+1.4%)
$30,600 + $108,300
$138,900
2018
$2,832 (−0.2%)
$30,600 + $108,300
$138,900
2017
$2,836 (−0.5%)
$30,600 + $108,300
$138,900
2016
$2,851 (+3.1%)
$30,600 + $108,300
$138,900
2015
$2,764 (+1,497.7%)
$30,600 + $108,300
$138,900
2011
$173
$24,500 + $84,000
$108,500
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
8
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
8,712 Sq. Ft.
Year renovated
—
Sq. Ft.
2,428
Year built
1920
Style
Single Family Residential
County
Rutland County
APN
12904011017
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
R20
WATER SOURCE PROTECTION OVERLAY DISTRICT
Residential 20,000 District
To provide residential opportunities on existing lots with municipal sewer within the village.
Zone overlays
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Public service
Property details
Interior
Virtual Tour
Basement Information
Basement: Yes
Basement Access: Interior
Exterior
Building Information
Architectural Style: Duplex
Construction Status: Existing
Construction Materials: Wood Frame, Wood Siding
Approximate Sq. Ft. Total Finished: 3300
Approximate Sq. Ft. Total: 4950
Lot, Zoning, & Easement Information
Easements: Yes
Lot Features: Level
Other Property & Lot Information
Year Built: 1920
Financial
Tax Information
Tax Year: 2024
Gross Amount Tax: 3076.2
SPAN Number: 129-040-11017
Other Tax Information
Page Deed: 714-15
Utilities
Water Information
Water Source: Public
Other Utilities Information
Internet: Unknown
Cable
Yes
Location
Multi-Unit Information
Total Units: 2
# of 3+ Bedroom Units: 2
# of Baths (full): 2
Parking: On-Site
Exterior Features: Shed
Sewer: Public
Electric: Circuit Breaker(s)
Foundation: Stone
Roof: Slate
Driveway: Gravel
Heating: Baseboard
Cooling: None
Flooring: Vinyl Plank
Basement Description: Interior Access
School Information
School District: CastletonHubbardton USD 4
Elementary School: Castleton Elementary School
Elementary School: Castleton Elementary School
Middle/Jr School: Castleton-Hubbardton Village
School - High: Fair Haven UHSD #16
Road Information
Road Frontage: Yes
Road Frontage Length: 84
Other Location Information
Directions: Sign. Use GPS
Public facts
Beds: 8
Baths: 2.0
Sq. Ft.: 2,428
Stories: 2.0
Lot Size: 8,712 square feet
Style: Single Family Residential
Year Built: 1920
Year Renovated: —
County: Rutland County
APN: 12904011017
Home facts updated by county records on Jul 15, 2026
Around this home
Schools
Castleton Elementary School
Public PreK-6 • Assigned • 1.8mi
7/10
Castleton Village School
Public 6-8 • Assigned • 0.0mi
Fair Haven Uhsd #16
Public 7-12 • Assigned • 4.7mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 92° expected this year, 16 days in 30 years
2/10 Wind Factor
3% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Castleton, VT • 05735
Average low and high temperatures (°F)
26
12
28
9
45
25
57
35
63
46
76
56
81
62
78
54
73
50
60
38
44
30
30
16
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.7 hours in
June and 3.2 hours in December, placing it below the
U.S. average for solar exposure.
8.7 hrs
3.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$417,000 – $505,000
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