Price Change! reduced by $4,100 down 2% on June 18th 2026
$174,900 | $117 per sq.ft.
A
2
Unit Multi Family Home, in Plainfield VT
With 2 - Two Bedroom Units MLS# 5047698
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Listed by Taylor WhiteKW Vermont - Cambridge Phone: 802-760-9815
on June 20th 2025
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DESCRIPTION
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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.
Appliances : Electric Water Heater | Tank Water Heater
Gross Income : $34800
Net Income: $
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UNIT 1 INFORMATION
Beds: 2Baths: 1Rooms: 0Sq.Ft.: 746Level: 1Tenant Pays : Electric,Internet ServiceRent : 1550.00 MonthlyLease Term : Annual Signed Lease : Yes Status : Leased
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UNIT 2 INFORMATION
Beds: 2Baths: 1Rooms: 0Sq.Ft.: 746Level: 2Tenant Pays : Electric,Internet ServiceRent : 1450.00 MonthlyLease Term : Month to Month Signed Lease : Yes
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CONSTRUCTION
Wood Frame | Vinyl Siding | Exterior Color Yellow | Year Built: 1890
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No. of Floors:2
Total Sq.Ft. Finished: 1492
Above Grade Sq.Ft.: 1492
Apx Below Grade Unfinished Sq.Ft.: 651
Price Per SQ.FT. 117.23
Basement: Interior Stairs | Unfinished
Heating: Propane | Direct Vent
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Other
Electric Meters: 2
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Style: Duplex
Roof: Metal
Water: Public
Sewer: Public
Seasonal: No
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LAND LOT INFORMAITION
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Lot Description: River Frontage
Lot size: 0.1 acres
Zoned: Residential
Surveyed: Unk
Flood Zone: Yes
Road Frontage: 121
Driveway: Common/Shared | Crushed Stone
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PROPERTY INFORMATION
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Docs Available : Deed
Taxes $2,788
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AREA INFORMATION
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School District: Twinfield USD 33
Elementary School: Twinfield Union School
Middle School: Twinfield Union School
High School: Twinfield USD #33
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