Five-Unit Apartment
For Sale
$305,000
39 Main Street, Plainfield, VT 05667
Residentially zoned property with a varied apartment mix and in-town access to restaurants and the Rail Trail.
Property Size2,888 SF
Price / SF$105.61
Days on Market509
Property Features for 39 Main Street
General Information
Standard status
Active
Size
2,888 SF
Property subtype
Multi Family
Zoning
Residential
Occupancy
80%
Units
Unit Mix
2 x 1BR, 2 x 2BR, 1 x 4BR
Multifamily Units
5
Taxes and HOA fees
Annual Taxes
$5,054
Amenities
Propane, Direct Vent
Yes
2.5
5
Walkout
Finished, Full, Walkout
Metal, Slate
Wood Frame, Vinyl Siding, Wood Siding
Building Details
Year Built
1890
Listing Agency:
KW Vermont-Stowe
(802) 760-3100
Listed By:
Steven Foster
(802) 760-3100
Source:
Compass
Added: Apr 9, 2025
Changed: Aug 29
Last Checked: Aug 29 at 1:50PM
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 KW Vermont-Stowe
Investment Insights
Based on property information with market context.
This 2,888-square-foot apartment building at 39 Main Street contains five units: two one-bedroom apartments, two two-bedroom apartments, and one four-bedroom apartment. Four units are currently rented. Built in 1890, the property has a wood-frame structure with vinyl and wood siding, along with metal and slate exterior materials. Residential zoning supports its existing multifamily use.
Located in downtown Plainfield, the property is near local restaurants and the Rail Trail. Montpelier is approximately a 15-minute drive away, providing access to the capital city while maintaining an in-town Vermont setting. A reported 15% CAP rate is based on a five-unit pro forma and Seller-reported expenses.
Located in downtown Plainfield, the property is near local restaurants and the Rail Trail. Montpelier is approximately a 15-minute drive away, providing access to the capital city while maintaining an in-town Vermont setting. A reported 15% CAP rate is based on a five-unit pro forma and Seller-reported expenses.
Key Highlights
- Five‑unit apartment property with two 1‑bedroom, two 2‑bedroom, and one 4‑bedroom units
- Four of five units are currently rented
- 2,888 square feet on a 0.19‑acre parcel
Property Analytics
Current Use
Lease Details
5
Residential units
80%
Occupancy
Location Intelligence
Trade Area within ½ mile
116
Businesses Nearby
Explore this area
Business Placement
Demographics for 05667, VT
2,235
Population
1,104
Households
2
Avg Household Size
47
Median Age
44%
College-Educated
96%
High-School Grad
49.5 sq mi
ZIP Area
45
Density / Sq Mi
$60,938
Median Household Income
$42,561
Median Earnings
$1,184
Median Rent
$285,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Residentially zoned property with a varied apartment mix and in-town access to restaurants and the Rail Trail.
Where is this apartment building located?
The property is located at 39 Main Street Plainfield, VT.
What is the asking price?
The asking price for this property is $305,000.
What are key features of this property?
This property features: Five‑unit apartment property with two 1‑bedroom, two 2‑bedroom, and one 4‑bedroom units; Four of five units are currently rented; 2,888 square feet on a 0.19‑acre parcel
