60 School Street Plainfield, Vermont 05667 MLS# 4969111

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Under Contract Status

$199,000 List Price

Multi Type

4 Beds

2 Baths

1,492 Sqft

Listed By Caitlin Ferland of Ridgeline Real Estate
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Washington County

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Opportunity abounds in this duplex, overlooking the Winooski River in the charming village of Plainfield. This is an excellent option for both investors and first time home buyers, looking to offset their mortgage with rental income. Each unit features a similar, well appointed layout, with 2 bedrooms and a full bathroom. The primary bedroom in each unit boasts a walk-in closet and enjoys direct access to their own private back deck, which overlooks the river and the trees. The living room and kitchen open up to one another. The units are single level, flat style and the second floor unit is currently rented, while the first floor unit is vacant. Both units boast updated floors, first floor unit is move-in ready. There's enough off-street parking for 4-5 cars, providing plenty of space for residents. Conveniently around the corner from village amenities including Positive Pie Pizza, Plainfield Co-op and Community Center and the Mill Park. Montpelier is only 20 minutes away, and Waterbury is 35 minutes away. An abundance of outdoor recreation is nearby, with Spruce Mountain only 10 minutes away and is famous for having some of the best foliage views during autumn. Showings start 9/12/23.

Property Location

60 School Street Plainfield

Property Details

Contract Date  Feb 10th, 2024
MLS#  4969111 Bedrooms  4 Garage Size   Car
List Price  199,000 Total Bathrooms  2 Year Built  1890
Type  Multi-Family Lot Size  0.1000 Acres Taxes $2,536
Units  2 Stories  2 Road Frontage  121
Annual Income  $33,600 Style  Other, Other Water Frontage  
Annual Expenses  $0 Finished  1,492 Sqft Construction  No, Existing
Zoning   Res Above Grade  1,492 Sqft Seasonal  No
Total Rooms  4 Below Grade  0 Sqft List Date  Sep 7th, 2023
Gross Income  $33,600 Operating Expenses  $0 Net Income  $17,061
Expenses Includes 
Unit 1   2 Beds, 1 Baths, 746 SqFt, $0/Mo Unit 2   2 Beds, 1 Baths, 746 SqFt, $1,400/Monthly
ConstructionWood Frame
BasementInterior, Unfinished, Interior Stairs
Interior Features
Exterior Features
Exterior  Vinyl Siding Disability Features  
Foundation  Stone House Color  
Floors  Laminate, Carpet Building Certifications  
Roof  Metal HERS Index  
Directions
Lot Description, Sloping, River Frontage
Garage & Parking  No, , , Off Street, 5 Parking Spaces
Road Frontage  121 Water Access  
Driveway  Crushed Stone Water Type  River
Flood Zone  Yes Water Body  
Zoning  Res
School District  Plainfield School District Middle  
Elementary   High  Twinfield USD #33
Heat Fuel  , Gas-Lp/Bottle Excluded  
Heating/Cool  None, Direct Vent, Space Heater Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Electric, Tank Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  483-152-10100
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† The remarks published on this webpage originate from Listed By Caitlin Ferland of Ridgeline Real Estate via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. 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.