Price Reduced 4.69%
Listing courtesy of Steven Foster, KW Vermont-Stowe Cell: 646-841-4747
Price History
$320,000
5/22/2025
$305,000
8/13/2025
39 Main Street, Plainfield, VT, 05667
10 beds
5 Full baths
1890
Multi-Family
2,888 sqft
Excellent Investment Opportunity, Seller Will Finance 20% – 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!
Status:
Active
Type:
Multi-family
Units:
5
Zoning:
Residential
Frontage:
49
Heating:
Propane, Direct Vent
Cooling:
None
Basement:
Finished, Full, Walkout
Parking:
None
Acreage:
0.08
Est. Taxes:
$5,054
Lot Description:
City Lot,River Frontage,Sidewalks
Elementary School:
Twinfield Union School
Middle School:
Twinfield Union School
High School:
Twinfield USD #33
School District:
Caledonia Central
MLS #:
5042421