Listed by Michelle Hebert of William Raveis Barre

39 Main StreetPlainfield, VT 05667Price: $378,975

  • Price: $378,975
  • Est. Mortgage of $/month
  • 29 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $378,975List Price
  • 5Bathrooms
  • 0.08Acreage
  • 2,888Square Feet
Great investment opportunity in the quaint and historic village of Plainfield. This 5-unit apartment building offers two 1-bedroom units, two 2-bedroom units and a 4-bedroom unit. This will be a great addition to your portfolio with monthly rents of $1495, $875, $1095, $1200 and $925. Expenses of $20,000 for a net operating income of over $46K per year and a cap rate of 12%, based on the current rent roll and expenses. All units have separate utilities, and the property has low expenses with no lawn to mow, no lot to plow and public parking available for tenants. This property is conveniently located within walking distance to the village center, where you can find shops, restaurants, library and post office. Easy to commute to Montpelier and Barre. Don't miss this opportunity to own a piece of Vermont's history and charm!
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Copyright 2024 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. Data last updated April 17, 2024 8:53 PM EDT

 

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