Mixed-Use Duplex with
235 Main Street Poultney, VT 05764
235 Main Street, Poultney, VT, 05764
$475,000
For Sale
$475,000
Office space downstairs with living quarters upstairs, featuring a recently renovated second floor and accessible first-floor entry.
Property Size3,500 SF
Price / SF$135.71
Days on Market94
Property Features for 235 Main Street
General Information
- Standard status
- Active
- Size
- 3,500 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1880
Listing agency
New England Lakeside Realty
(802) 558-6084
Listed by
Lisa Forster
(802) 558-6084
Source
Compass
Added: Apr 19 Updated: Jul 21 at 3:20AM Checked: Jul 21 at 3:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of New England Lakeside Realty
Investment Insights
Based on property information with market context.
This property is a two-family home with a mixed configuration that includes office space downstairs and living space upstairs. The second-floor apartment has been recently renovated. The first floor is handicapped accessible, with ramp access and a handicapped 3/4 bath. The building also includes sprinkler and security systems, along with a covered front porch, multiple entrances, and a circular driveway designed for ample parking.
Situated at 235 Main Street in the heart of the Lakes region of Poultney, Vermont, the location places the property between Lake Bomoseen and Lake St. Catherine. The home was formerly operated as a bed and breakfast, and the layout supports multiple use possibilities within the existing structure.
Situated at 235 Main Street in the heart of the Lakes region of Poultney, Vermont, the location places the property between Lake Bomoseen and Lake St. Catherine. The home was formerly operated as a bed and breakfast, and the layout supports multiple use possibilities within the existing structure.
Key Highlights
- Two‑family home with office space downstairs and living quarters upstairs
- Second‑floor apartment recently renovated
- First floor is handicapped accessible with ramp access and a 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
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Office space downstairs with living quarters upstairs, featuring a recently renovated second floor and accessible first-floor entry.
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 with office space downstairs and living quarters upstairs; Second‑floor apartment recently renovated; First floor is handicapped accessible with ramp access and a 3/4 bath
