Plainfield, VT | 39 Main Street

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.

Offered at nearly half of what the owner paid for the property and there have been many improvements. Looking for a quick sale. This fully rented (four with leases), five-unit investment property is situated in the heart of Plainfield Village. The lister card has the property as having 2,992 sq ft +/- and the apartments are spacious. One apartment is Section 8. There is no owned parking on site, but there is public parking nearby. Yearly income projected to be $68,700. when fully rented. This years's property taxes are reasonable at only $4365.76. Seller also disclosed these current expenses: Property Insurance $2318, Flood Insurance $3345, Water $3030, Sewer $4040, Propane $3000. Conveniently located near local amenities, the property offers investors the potential to expand their portfolio and make future improvements. The property is located within a flood zone. Property is best suited for a cash buyer. Buyers are encouraged to conduct their own due diligence. No Seller's Property Information Disclosure (SPIR) will be provided. Property being sold "AS IS".