Two-Unit Residence with Accessible First
235 Main Street Poultney, VT 05764
For Sale
$475,000
MULTI_FAMILY - Other - Poultney, VT
Property Size3,500 SF
Lot Size0.36 Acres
Price / SF$135.71
Days on Market102
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, Bathroom 1, Basement, Bedroom 1, Bedroom 5, Bathroom 4, Bedroom 2, Bedroom 4, Bathroom 3, Bedroom 3
Parking features
Garage, Off Street
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
Oil, Other (Heating)
Water source
Public
Building Details
Year built
1880
Floors in Building
2
Number of units
2
Flooring type
Vinyl, Softwood, Tile - Ceramic, Hardwood
Building materials
Clapboard Exterior
Roof type
Slate
Architectural style
Other
Additional Structures
Outbuilding
Listing Agency:
New England Lakeside Realty
(802) 645-9001
Listed By:
Lisa Forster
(802) 645-9001
Added: Apr 19
Changed: Jul 28
Last Checked: Jul 29 at 6:06PM
MLS# 5084368
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
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 authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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
