Two-Unit Residence with Accessible First
235 Main Street Poultney, VT 05764
235 Main Street, Poultney, VT, 05764
$475,000
For Sale
$475,000
MULTI_FAMILY - Other - Poultney, VT
Property Size3,500 SF
Lot Size0.36 Acres
Price / SF$135.71
Days on Market93
Property Features for 235 Main Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- VC
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bathroom 3, Basement, Bedroom 3, Bedroom 5, Bedroom 4, Bathroom 1, Bathroom 4, Bathroom 2, Bedroom 2, Bedroom 1
- Parking features
- Off Street, Garage
- Patio and Porch features
- Porch
- Exterior features
- Partial Fence, Outbuilding, Covered Porch
- Fencing
- Partial
- Appliances
- Domestic Water Heater
- Standard status
- Active
- Size
- 3,500 SF
- Lot size
- 0.36 Acres
Taxes and HOA fees
- Tax Year
- 25
- Tax Annual Amount
- 5525
Utilities
- Sewer type
- Public Sewer
- Heating system
- Other (Heating), Oil
- Water source
- Public
Building Details
- Year built
- 1880
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood, Vinyl, Tile - Ceramic, Softwood
- Building materials
- Clapboard Exterior
- Roof type
- Slate
- Architectural style
- Other
- Additional Structures
- Outbuilding
Listing Agency
New England Lakeside Realty
(802) 645-9001
P.O. Box 887, WELLS, VT
Listed by
Lisa Forster
(802) 645-9001
Added: Apr 19 Updated: Jun 23 at 3:14 pm Checked: Jul 20 at 7:06 pm
MLS# 5084368
Listing URL
Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multifamily property includes a two-unit configuration with a living space upstairs and additional space on the first floor. The second-floor apartment has been recently renovated. The first floor is handicapped accessible and features ramp access, along with a handicapped 3/4 bath. The layout also includes multiple entrances and a covered front porch, and the home has sprinkler and security systems.
The property is located at 235 Main Street in Poultney, Vermont, in the VC zoning district. The offering also notes that the property has operated in multiple ways in the past, including as a bed and breakfast, and that the first floor has previously been used as office space while the upstairs served as living.
Outside, the property has a circular driveway with ample parking, sitting on an approximately 0.36-acre lot.
The property is located at 235 Main Street in Poultney, Vermont, in the VC zoning district. The offering also notes that the property has operated in multiple ways in the past, including as a bed and breakfast, and that the first floor has previously been used as office space while the upstairs served as living.
Outside, the property has a circular driveway with ample parking, sitting on an approximately 0.36-acre lot.
Key Highlights
- Converted former bed and breakfast with flexible layout: two‑family plus single‑family use, with office downstairs and living upstairs
- Second‑floor apartment recently renovated
- First floor offers handicapped accessibility with ramp access and a handicapped 3/4 bath
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.3k | $13.80 |
| − Vacancy | −$918 | −$0.26 |
| EGI | $47.4k | $13.54 |
| − OpEx | −$14.2k | −$4.06 |
| NOI | $33.2k | $9.48 |
3,500 SF · lease $13.80/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$473.8K
$414.6K – $552.8K
NOI $33,168 @ 7.0% cap · market cap 6.98%
Second Best
Apartment 5plus
$436.6K
$382.0K – $509.4K
NOI $30,561 @ 7.0% cap · market cap 6.43%
Theoretical Best
Healthcare Medical
$609.4K
$533.2K – $711.0K
NOI $42,657 @ 7.0% cap · market cap 8.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-unit property with a recently renovated upstairs apartment and a handicapped-accessible first floor.
Where is this duplex located?
The property is located at 235 Main Street Poultney, VT.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Converted former bed and breakfast with flexible layout: two‑family plus single‑family use, with office downstairs and living upstairs; Second‑floor apartment recently renovated; First floor offers handicapped accessibility with ramp access and a handicapped 3/4 bath
