For sale $174,900 | $117 per sq.ft. | MLS# 5047698
A
2
Unit Multi Family Home, in Plainfield VT
With 2 - Two Bedroom Units
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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.
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Gross Income | $34800
NetIncome | $ 18811
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Unit No |
Beds |
Baths |
Rooms |
Floors |
Sq Ft |
Furnished |
Heat Inc. |
Rent |
Rented |
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2 |
1 |
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746 |
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1550.00 |
Yes |
2 |
2 |
1 |
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746 |
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1450.00 |
Yes |
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Annual Expenses
$0
Taxes: $2,788 |
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Construction: Wood Frame | Vinyl Siding | Exterior Color Yellow | Price Per SQ.FT. 117.23 | Year Built: 1890
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No. of Floors-| 2
Avail.Sq.Ft.: 2
Finished Sq.Ft.: 2143
Above Grade Sq.Ft.: 1492
Below Grade Sq.Ft.: 0
Basement: Interior Stairs | Unfinished
Electric: Circuit Breaker(s)
Style: Duplex
Utilities: Other
Electric Meters: 2
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Style: Duplex
Roof: Metal
Water: Public
Sewer: Public
Seasonal: No
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Land Information
Lot size: 0.1 acres
Zoned: Residential)
Surveyed: Unk
Flood Zone: Yes
Road Frontage: 121
Driveway: Common/Shared | Crushed Stone
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Information |
Docs Available : Deed
Taxes $2,788 | Assesed Value $0 in
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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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Copyright © 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed.
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personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated June 30th, 2026
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM
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