Two-Unit Mixed-Use
235 Main Street, Poultney, VT 05764
MULTI_FAMILY - Other - Poultney, VT
Property size:
3,500 SFLot size:
0.36 AcresPrice / SF:
$135/SF- Added:
- Apr 19, 2026
- Days on Market:
- 47
- Last Refresh:
- Jun 4 at 2:06 am
Property Features for 235 Main Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- VC
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bedroom 1, Bathroom 3, Bathroom 4, Bedroom 5, Basement, Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 3
- 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
- Tile - Ceramic, Vinyl, Hardwood, Softwood
- Building materials
- Clapboard Exterior
- Roof type
- Slate
- Architectural style
- Other
- Additional Structures
- Outbuilding
Listing agent Lisa Forster (802) 645-9001
Listing office New England Lakeside Realty P.O. Box 887, WELLS, VT (802) 645-9001
Listing date Apr 19, 2026
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.
HighLights
- Two‑family home plus former bed and breakfast layout, with office downstairs and living upstairs
- Second‑floor apartment has been recently renovated
- First floor is handicapped accessible with ramp access and a handicapped 3/4 bath
- Circular driveway with ample off‑street parking and a garage
- Public utilities: public water and public sewer; roof is slate
- Built in 1880 with clapboard exterior, covered front porch, partial fencing, and an outbuilding
Overview
This two-unit mixed-use property includes an office on the first floor and living space on the second floor, with additional residential configuration noted in the description. The second-floor apartment has been recently renovated. The first floor is handicapped accessible, featuring ramp access and a handicapped 3/4 bath. The building also includes multiple entrances and a covered front porch, along with a circular driveway providing ample parking. Per the remarks, the property has sprinkler and security systems.
Situated on Main Street in Poultney in the Lakes region between Lake Bomoseen and Lake St. Catherine, the property is described as being in the heart of the area. The listing indicates zoning of VC.
This setup may appeal to tenants or owners looking for a live-and-work arrangement or for income from office and residential components within the same building. With the first floor designed for accessibility and the upstairs unit recently updated, the property supports a variety of occupancy plans while maintaining a clear separation between office and living uses as described. The multiple entrances and parking layout can also support flexible operations for residents, tenants, and visitors.
Situated on Main Street in Poultney in the Lakes region between Lake Bomoseen and Lake St. Catherine, the property is described as being in the heart of the area. The listing indicates zoning of VC.
This setup may appeal to tenants or owners looking for a live-and-work arrangement or for income from office and residential components within the same building. With the first floor designed for accessibility and the upstairs unit recently updated, the property supports a variety of occupancy plans while maintaining a clear separation between office and living uses as described. The multiple entrances and parking layout can also support flexible operations for residents, tenants, and visitors.
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 Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Poultney
- County
- Rutland
- State
- Vermont
- Longitude
- -73.237515
- Latitude
- 43.5172738
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Handicapped-accessible first floor with office space and a recently renovated upstairs apartment in a two-unit configuration.
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: Two‑family home plus former bed and breakfast layout, with office downstairs and living upstairs; Second‑floor apartment has been recently renovated; First floor is handicapped accessible with ramp access and a handicapped 3/4 bath
