
39 Main Street
Plainfield, VT 05667
10
Bedrooms
5
Bathrooms
2,888
Sq Ft
1890
Year Built

Plainfield, VT 05667
10
Bedrooms
5
Bathrooms
2,888
Sq Ft
1890
Year Built
Excellent Investment Opportunity, Seller Will Finance 20% 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!
Property Type
Multi_family
Year Built
1890
HOA
None
Listed Price
$305,000
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Owner financing means the seller of 39 Main Street acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in Plainfield, VT is available with owner financing terms.
No! One of the biggest advantages of owner financing is that you typically don't need to qualify through a bank. This makes it possible to buy a home even with bad credit, no credit history, or self-employment income that's hard to document.
Down payment terms are negotiable. Sign up for free to get the specific financing details for this Plainfield property.