Offered at nearly half of what the owner paid for the property and there have been many improvements. This fully rented (four with leases), five-unit investment property is situated in the heart of Plainfield Village. The lister card has the property as having 2,992 sq ft +/- and the apartments are spacious. One apartment is Section 8. There is no owned parking on site, but there is public parking nearby. Yearly income projected to be $68,700. when fully rented. This years's property taxes are reasonable at only $4365.76. Seller also disclosed these current expenses: Property Insurance $2318, Flood Insurance $3345, Water $3030, Sewer $4040, Propane $3000. Conveniently located near local amenities, the property offers investors the potential to expand their portfolio and make future improvements. The property is located within a flood zone. Buyers are encouraged to conduct their own due diligence. No Seller's Property Information Disclosure (SPIR) will be provided. Property being sold "AS IS".
Multi-familyProperty Type
1890Year Built
3,484 sq ftLot Size
$43Price/Sq.Ft.
Listed by Ruby Klarich• BHHS Vermont Realty Group/Montpelier
Listed by Martha Lange• BHHS Vermont Realty Group/Montpelier