60 School Street,Plainfield, VT 05667
Plainfield, VT 05667
Description
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 Plainfield’s charming Main Street, with easy access to local shops, cafés, and community amenities. The location also offers quick access to Barre, Montpelier, and 50 minutes to the Burlington area. Whether you’re 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.
Details
| MLS # | 5047698 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | (10) Active - Active |
| Year | 1890 |
| Days On Site | 427 |
| Listing Provided By | KW Vermont - Cambridge | Taylor White |
Features
| Basement | Y |
|---|---|
| Story(s) | 2 |
| Units | 2 |
| Zoning | Residential |
| Acreage | 0.10 |
Interior
| Rooms Total | 0 |
|---|---|
| Cooling | None |
| Heating | Propane, Direct Vent |
| Appliances | Electric Water Heater, Tank Water Heater |
Exterior
| Roof | Metal |
|---|---|
| Construction Materials | Wood Frame, Vinyl Siding |
| Foundation Details | Concrete |
| Lot Features | River Frontage |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Utilities | Other |
|---|---|
| Electric | Circuit Breakers |
| Sewer | Public Sewer |
Taxes
| Tax Annual Amount | 2787.6 |
|---|---|
| Tax Year | 2024 |
Area Information
| State | VT |
|---|---|
| County | Washington |
| City | Plainfield |
| Zip Code | 05667 |
| Area | VT Washington |
| School District | Twinfield USD 33 |
| Elementary School | Twinfield Union School |
| High School | Twinfield USD #33 |
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Copyright 2026 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site 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.
Contact
Learn More About This Property
| State | VT |
|---|---|
| County | Washington |
| City | Plainfield |
| Zip Code | 05667 |
| Area | VT Washington |
| School District | Twinfield USD 33 |
| Elementary School | Twinfield Union School |
| High School | Twinfield USD #33 |
Copyright 2026 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site 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.
