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20 School Street Plainfield, Vermont 05667

$129,900 Price
Multi Type
0 Beds
0 Baths
2,716 Sqft

Listed By Nate Bartlett of StoneCrest Properties, LLC2

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Property Location

Contact a local mortgage provider today to get pre-approved.

Call: (802)879-8790 Option 1 x2052
NMLS# 446767

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Washington County

Located in the center part of the state, Washington County is well known for its tourism, taste, history, agricultural communities, granite… and its politics! Major employers and some of the most popular brands to Vermont, are major employers...

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Multi-Family Home

GREAT PRICE all reasonable offers will be considered! 10% Cap rate at current price with rents low, imagine the margins you could make here with forced appreciation! This is an awesome multi family or commercial investment opportunity in the heart of Plainfield village waiting for a bright mind to bring it to its full potential. Possibilities with proper permitting might include: General store, light manufacturing, and with this amount of space multiple businesses and/or offices can be sustained along with the current residential units. Priced to sell this is a large building with a lot of character that was originally built in 1840 as a residence, and has had two additions since. This building has great exposure with frontage on both busy Route 2 and Main Street, plus a steady flow of foot traffic directly in front. The first level is fully leased with two current established businesses, and there is also a residential unit on the second level which is occupied. With tons of unrealized value to be tapped into this would be a great beginning to or addition for any portfolio. Sellers are motivated and anxious to see this historic icon operating at its peak potential again.

Essentials

MLS#  4740502Bedrooms  0Garage Size   Car
List Price  129,900Total Bathrooms  0Year Built  1840
Type  Multi-FamilyLot Size  0.0700 AcresTaxes $3,501
Units  4Stories  3Road Frontage  100
Annual Income  $0Style  Multi-FamilyWater Frontage  
Annual Expenses  $0Finished  2,716 SqftConstruction  No, Existing
Zoning   PlainfieldAbove Grade  2,716 SqftSeasonal  No
Total Rooms  Below Grade  0 SqftList Date  Mar 15th, 2019

Expenses

Total Expenses  $0Insurance  $0
Water & Sewer  $0Taxes  $0
Trash  $0Miscellaneous  $0
Maintenance  $0 Association Dues  $0
Rent Includes 

Unit Size & Rent

Building/Construction

ConstructionWood Frame
BasementInterior, Unfinished, Storage Space, Slab, Interior Stairs
Interior Features
Exterior Features
Exterior  WoodDisability Features  
Foundation  Block, Concrete, StoneHouse Color  
Floors  Building Certifications  
Roof  Membrane, Metal HERS Index  

Property

Lot Description, Waterfront, Waterfront-Paragon, Corner, Waterfront
Garage & Parking  No, ,
Road Frontage  100Water Access  
Driveway  PavedWater Type  
Flood Zone  UnknownWater Body  
Zoning  Plainfield

Schools

School District  NAMiddle  
Elementary  High  

Utilities & Other

Heat Fuel  , OilExcluded  
Heating/Cool  None, Baseboard, RadiatorsNegotiable  
Sewer  PublicParcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  ElectricFinancing  
Cable Co  Documents  
Electric  100 AmpTax ID  483-152-10091
DirectionsFrom Montpelier West on Route 2 to the Junction of Main Street and Route 2 in Plainfield Village. From Danville East on Rt 2 to the Junction of Main Street and Route 2 in Plainfield Village.
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† The remarks published on this webpage originate from Nate Bartlett of StoneCrest Properties, LLC2 via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman Realty. Coldwell Banker Hickok & Boardman Realty cannot be held responsible for possible violations of copyright resulting from the posting of any data from the NNEREN IDX Program.