Poultney Income-Producing
321 Bentley Avenue Poultney, VT 05764
321 Bentley Avenue, Poultney, VT, 05764
$389,000
For Sale
$389,000
Charming 3-unit property near schools, shopping, and transportation.
Property Size2,851 SF
Price / SF$136.44
Days on Market362
Property Features for 321 Bentley Avenue
General Information
- Standard status
- Active
- Size
- 2,851 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1885
Listing Agency
Lakes & Homes Real Estate
(802) 770-0436
Listed by
Heather Martelle
(802) 770-0436
Source
Compass
Added: Jul 20, 2025 Checked: Jul 16 at 12:19 pm
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 Lakes & Homes Real Estate
Investment Insights
Based on property information with market context.
This income-producing triplex is located in Poultney, within walking distance to schools, shopping, and public transportation. The front unit features a classic covered porch, two bedrooms, and a full bath. The middle unit is light-filled with skylights and sliding glass doors leading to a large private deck, and an open layout. The back unit has a modern layout and includes its own laundry area, minisplit, separate mechanicals, and a second-floor primary suite boasting cathedral ceilings, walk-in closet, soaking tub, and a private balcony. This unit also offers an attached garage and a stone patio. The front two units share a washer and dryer located in the central hallway. The property is 15 minutes from Vermont State University’s Castleton campus, less than an hour to multiple ski areas, 10 minutes to the New York border, and minutes from both Lake St. Catherine and Lake Bomoseen. The property has a size of 2851 square feet.
Key Highlights
- Income‑producing 3‑unit property in a desirable location.
- Back unit features a modern layout, primary suite with cathedral ceilings, walk‑in closet, soaking tub, private balcony, attached garage, and separate mechanicals/laundry.
- Walking distance to schools, shopping, and public transportation.
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 | $39.3k | $13.80 |
| − Vacancy | −$748 | −$0.26 |
| EGI | $38.6k | $13.54 |
| − OpEx | −$11.6k | −$4.06 |
| NOI | $27.0k | $9.48 |
2,851 SF · lease $13.80/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$386.0K
$337.7K – $450.3K
NOI $27,017 @ 7.0% cap · market cap 6.95%
Second Best
Apartment 5plus
$355.6K
$311.2K – $414.9K
NOI $24,894 @ 7.0% cap · market cap 6.40%
Theoretical Best
Healthcare Medical
$496.4K
$434.3K – $579.1K
NOI $34,747 @ 7.0% cap · market cap 8.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Charming 3-unit property near schools, shopping, and transportation.
Where is this triplex located?
The property is located at 321 Bentley Avenue Poultney, VT.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Income‑producing 3‑unit property in a desirable location.; Back unit features a modern layout, primary suite with cathedral ceilings, walk‑in closet, soaking tub, private balcony, attached garage, and separate mechanicals/laundry.; Walking distance to schools, shopping, and public transportation.
