39 Main St Plainfield, VT 05667
Estimated payment $2,197/month
Highlights
- River Front
- High Speed Internet
- Wood Siding
About This Home
Excellent Investment Opportunity – 5-Unit Multifamily in the Heart of Plainfield, VT
If you're looking for a promising investment property in Central Vermont, this five-unit multifamily in downtown Plainfield is a standout opportunity; currently four out of five units are rented with a 15% CAP rate based on a five unit pro-forma and expenses as reported by the Seller.. With a strong unit mix—two 1-bedroom, two 2-bedroom, and one 4-bedroom apartments—this property offers broad rental appeal and strong income potential. Perfectly positioned just a stone's throw from local restaurants and the popular Rail Trail, tenants will enjoy the convenience of in-town living in a charming village setting. And with Montpelier just a 15-minute drive away, this location is ideal for commuters seeking a peaceful home base with quick access to the capital city. Whether you're expanding your portfolio or getting started in multifamily ownership, this well-located property offers space, versatility, and long-term upside. Don’t miss out—schedule your private showing today!
Listing Agent
KW Vermont-Stowe Brokerage Phone: 646-841-4747 License #081.0134141 Listed on: 05/22/2025
Co-Listing Agent
Michael Brancoforte
KW Vermont-Stowe Brokerage Phone: 646-841-4747 License #082.0135335
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,054
Year Built
- Built in 1890
Lot Details
- 3,485 Sq Ft Lot
- River Front
Home Design
- Stone Foundation
- Wood Frame Construction
- Slate Roof
- Metal Roof
- Wood Siding
- Vinyl Siding
Interior Spaces
- Property has 2.5 Levels
Bedrooms and Bathrooms
- 10 Bedrooms
- 5 Bathrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Location
- Flood Zone Lot
- City Lot
Schools
- Twinfield Union Elementary And Middle School
- Twinfield
Utilities
- Propane
- High Speed Internet
Community Details
Overview
- 5 Units
Building Details
- Gross Income $69,420
- Net Operating Income $48,653
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/22/2025 05/22/25 | For Sale | $320,000 | -- | $111 / Sq Ft |
Source: PrimeMLS
MLS Number: 5042421
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.