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Located at 60 School Street, Plainfield, Vermont 05667, this Multi Family is for Sale with a price of $179,000 USD. The property was built in 1890,. This listing has 1,492 Sq.Ft. of interior space on a lot of .1 Acres. See all Homes for Sale in Plainfield.

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1. 60 School Street
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VermontPlainfield60 School Street

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Description

60 School Street,

Plainfield, VT 05667

Listing Courtesy of Taylor White, KW Vermont - Cambridge


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 Plainfields charming Main Street, with easy access to local shops, cafs, and community amenities. The location also offers quick access to Barre, Montpelier, and 50 minutes to the Burlington area. Whether youre 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.

Data provided by : PRIME MLS

Email/Phone : 802-760-9815

Amenities

  • Historic

PROPERTY

  • Electric
    Circuit Breaker(s)
  • School District
    Twinfield USD 33
  • Middle Jr School
    Twinfield Union School
  • Elementary School
    Twinfield Union School
  • Sewer
    Public
  • Utilities
    Other
  • Water Source
    Public
  • Waterfront Features
    No

EXTERIOR

  • Architectural Style
    Duplex
  • Construction Materials
    Wood Frame
    Vinyl Siding
  • Garage
    No
  • Lot Features
    River Frontage
  • Lot Size Square Feet
    4356
  • Lot Size Acres
    0.1
  • Roof
    Metal

INTERIOR

  • Above Grade Finished Area
    1492
  • Below Grade Finished Area
    0
  • Total Finished Area
    1492
  • Above Grade Unfinished Area
    0
  • Below Grade Unfinished Area
    651
  • Building Area Total
    2143
  • Basement
    Yes
  • Flooring
    Carpet
    Laminate
  • Heating
    Propane
    Direct Vent
$179,000
price
Multi Family
Property type
Available
market status
Washington Northeast Supervisory Union
School District
Twinfield Union School
Elementary
Twinfield Union School
Middle
Twinfield Usd #33
High
5047698
MLS ID
1890
Year Built
349
Days Posted
1,492 Sq Ft.
interior
0.1 Acres
Exterior

60 school street
Plainfield, VT 05667

$179,000