Plainfield Vermont Real Estate

Opportunity abounds in this duplex, overlooking the Winooski River in the charming village of Plainfield. This is an excellent option for both investors and first time home buyers, looking to offset their mortgage with rental income. Each unit features a similar, well appointed layout, with 2 bedrooms and a full bathroom. The primary bedroom in each unit boasts a walk-in closet and enjoys direct access to their own private back deck, which overlooks the river and the trees. The living room and kitchen open up to one another. The units are single level, flat style. Both units are rented, with the first floor on a year lease and second level apartment is on a month-to-month lease. Both units boast updated floors, first floor unit is move-in ready. There's enough off-street parking for 4-5 cars, providing plenty of space for residents. Conveniently around the corner from village amenities including Positive Pie Pizza, Plainfield Co-op and Community Center and the Mill Park. Montpelier is only 20 minutes away, and Waterbury is 35 minutes away. An abundance of outdoor recreation is nearby, with Spruce Mountain only 10 minutes away and is famous for having some of the best foliage views during autumn. Showings start 9/12/23.

3 story 3 unit apartment building. 1st floor and second floor aprtments 2 bedroom 1 bath. 3rd floor apt. 1 bedroom 1 bath. Roof leak will require new ceilings in units and electrical updates. House was dried and ready for reno. Roof replaced. Building was rented until July 2023. . 2 Story addition (former 1 car garage and storage). More rental units possible. Porches on 3 side. Building sits on 1 acre with ample parking and yards surrounding structure. Walking distance to Goddard College, and easy commute to schools and Barre/Montpelier area.

Great investment opportunity in the quaint and historic village of Plainfield. This 5-unit apartment building offers two 1-bedroom units, two 2-bedroom units and a 4-bedroom unit. This will be a great addition to your portfolio with monthly rents of $1495, $875, $1095, $1200 and $925. Expenses of $20,000 for a net operating income of over $46K per year and a cap rate of 12%, based on the current rent roll and expenses. All units have separate utilities, and the property has low expenses with no lawn to mow, no lot to plow and public parking available for tenants. This property is conveniently located within walking distance to the village center, where you can find shops, restaurants, library and post office. Easy to commute to Montpelier and Barre. Don’t miss this opportunity to own a piece of Vermont’s history and charm!