Average square foot calculated using Size range provided by listing agent.
Description
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!Show Description