60 School Street, Plainfield, VT 05667

Property Description

Unlock a rare cash-flowing duplex investment in Plainfield, Vermont with long term tenants already in place for each unit and immediate income potential. Photos show one unit vacant. This well-maintained multi-family property presents an exceptional opportunity for investors seeking strong returns in the Vermont rental market, or for owner-occupants looking to offset a majority of their mortgage while building long-term wealth through real estate.The building features two spacious 2-bedroom, 1-bath apartments in an efficient upstairs/downstairs layout. Each unit offers a comfortable and functional floor plan with generous natural light, warm wood trim, large eat-in kitchens, and spacious living areas. The primary bedrooms include oversized closets with built-in shelving, providing excellent storage for tenants. Both apartments enjoy private balconies overlooking the scenic Winooski River and surrounding greenery, adding desirable outdoor space and attractive views. Flood insurance annual premium currently paid is $2530. One of the most compelling aspects of this property is its stable income stream, with long-term tenants already in place, offering consistency and likely reduced turnover for the next owner. With a projected 12% capitalization rate, this property stands out as an exceptional investment opportunity in Vermont. Outside, provides convenient off-street parking. The property is located just steps from Plainfield’s charming Main Street, with easy access to local shops, cafés, and community amenities. The location also offers quick access to Barre, Montpelier, and 50 minutes to the Burlington area. Whether you’re looking to expand your real estate investment portfolio, secure a high-yield Vermont rental property, or house-hack with rental income, this duplex checks all the boxes: strong cash flow, desirable location, cosmetically updated, long-term tenants, and excellent return potential. 48 hour notice is required for any showings.

Listing Status:

Active

Date Added:

June 20, 2025

Data Last Updated:

April 5, 2026 at 9:57PM

Listing Office:

KW Vermont - Cambridge : 802-760-9815

Listing Agent:

Taylor White : 802-760-9815 : taylor@vtlegacyhomes.com

MLS ID:

5047698

Interior

• Appliances: Electric Water HeaterTank Water Heater
• Basement: Interior StairsUnfinished
• Flooring: CarpetLaminate
• A/C: None
• Heating: PropaneDirect Vent

Exterior

• Style: Duplex

Construction

• Roofing: Metal
• General: Wood FrameVinyl SidingConcrete

Location

• Road/Access: PavedPublic
• School District: Twinfield USD 33
• County: WashngtnVT

Lot

• Driveway: Common/SharedCrushed Stone
• Zoning: Residential
• Current Use: None

Utilities

• Utilities: Other
• Water: Public
• Sewer: Public