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Listed by Steven Foster • KW Vermont-Stowe • Cell: 646-841-4747
$305,000
Est. payment /mo
10 Beds
5 Baths
2,888 SqFt
Price Dropped by $15K
39 Main ST Plainfield, VT 05667
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,888 sqft
Price per Sqft $105
MLS Listing ID 5042421
Bedrooms 10
Full Baths 5
Construction Status Existing
Year Built 1890
Annual Tax Amount $5,054
Tax Year 2024
Lot Size 3,484 Sqft
Acres 0.08
Property Description
Excellent Investment Opportunity – 5-Unit Multifamily in the Heart of Plainfield, VT If you're looking for a promising investment property in Central Vermont, this five-unit multifamily in downtown Plainfield is a standout opportunity; currently four out of five units are rented with a 15% CAP rate based on a five unit pro-forma and expenses as reported by the Seller.. With a strong unit mix—two 1-bedroom, two 2-bedroom, and one 4-bedroom apartments—this property offers broad rental appeal and strong income potential. Perfectly positioned just a stone's throw from local restaurants and the popular Rail Trail, tenants will enjoy the convenience of in-town living in a charming village setting. And with Montpelier just a 15-minute drive away, this location is ideal for commuters seeking a peaceful home base with quick access to the capital city. Whether you're expanding your portfolio or getting started in multifamily ownership, this well-located property offers space, versatility, and long-term upside. Don't miss out—schedule your private showing today! Seller financing may be available.
Location
State VT
County Vt-washington
Area Vt-Washington
Zoning Residential
Rooms
Basement Entrance Walkout
Basement Finished, Full, Walkout
Interior
Cooling None
Exterior
Utilities Available Cable Available, Propane, Telephone Available
Roof Type Metal,Slate
Building
Story 2.5
Sewer Public
Architectural Style Multi-Family
Construction Status Existing
Schools
Elementary Schools Twinfield Union School
Middle Schools Twinfield Union School
High Schools Twinfield Usd #33
School District Caledonia Central
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