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Charlotte Gill

charlotte@obergagency.com +1(207) 256-0638

Listed By Taylor White KW Vermont - Cambridge Phone: 802-760-9815

Est. payment | -/mo

4 Beds

2 Baths

1,492 SqFt

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Est. payment | -/mo

Save

4 Beds

2 Baths

1,492 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,492 sqft

MLS Listing ID 5047698

Style Duplex

Bedrooms 4

Full Baths 2

Construction Status Existing

Year Built 1890

Annual Tax Amount $2,787

Tax Year 2024

Lot Size 4,356 Sqft

Acres 0.1

Property Description

Unlock a rare cash-flowing duplex investment in Plainfield, Vermont with long term tenants already in place for each unit and immediate income potential. Photos show one unit vacant. This well-maintained multi-family property presents an exceptional opportunity for investors seeking strong returns in the Vermont rental market, or for owner-occupants looking to offset a majority of their mortgage while building long-term wealth through real estate.The building features two spacious 2-bedroom, 1-bath apartments in an efficient upstairs/downstairs layout. Each unit offers a comfortable and functional floor plan with generous natural light, warm wood trim, large eat-in kitchens, and spacious living areas. The primary bedrooms include oversized closets with built-in shelving, providing excellent storage for tenants. Both apartments enjoy private balconies overlooking the scenic Winooski River and surrounding greenery, adding desirable outdoor space and attractive views. Flood insurance annual premium currently paid is $2530. One of the most compelling aspects of this property is its stable income stream, with long-term tenants already in place, offering consistency and likely reduced turnover for the next owner. With a projected 12% capitalization rate, this property stands out as an exceptional investment opportunity in Vermont. Outside, provides convenient off-street parking. The property is located just steps from Plainfield's charming Main Street, with easy access to local shops, cafés, and community amenities. The location also offers quick access to Barre, Montpelier, and 50 minutes to the Burlington area. Whether you're looking to expand your real estate investment portfolio, secure a high-yield Vermont rental property, or house-hack with rental income, this duplex checks all the boxes: strong cash flow, desirable location, cosmetically updated, long-term tenants, and excellent return potential. 48 hour notice is required for any showings.

Location

State VT

County Vt-washington

Area Vt-Washington

Zoning Residential

Rooms

Basement Interior Stairs, Unfinished

Interior

Heating Propane, Direct Vent

Cooling None

Flooring Carpet, Laminate

Exterior

Parking Features No

Utilities Available Other

Roof Type Metal

Building

Lot Description River Frontage

Story 2

Sewer Public

Water Public

Architectural Style Duplex

Construction Status Existing

Schools

Elementary Schools Twinfield Union School

Middle Schools Twinfield Union School

High Schools Twinfield Usd #33

School District Twinfield Usd 33

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(207) 256-0638

charlotte@obergagency.com

132 Bridgton Rd, Bridgton, Maine 04009, USA

60 School ST Plainfield, VT 05667

Charlotte Gill

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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