Multi-Family for Sale: 60 School Street, Plainfield, VT 05667

4 beds
1,492 sqft
$179,000
$179,000
60 School Street, Plainfield, VT 05667
4 beds
1,492 sqft
$179,000
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Price:
$179,000

Type Multi-Family
Style Duplex
Beds 4
Square Feet 1,492 sqft
Lot Size 0.10 acres
Year Built 1890
Taxes Paid $2,787

City Plainfield
County Washington
School District Twinfield USD 33

MLS 5047698
Status Active
DOM 325 days
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.

Lot & Building Features

Appliances Tank Water Heater, Electric Water Heater
Utilities Other
Construction Vinyl Siding, Wood Frame
Cooling None
Heating Direct Vent, Propane
Sewer Public
Tax Year 2024
Taxes Paid $2,787
Water Public
Basement Description Interior Stairs, Unfinished
Foundation Concrete
Lot Description River Frontage
Roof Metal
Garage No

Community and Schools

Elementary School Twinfield Union School
Junior High School Twinfield Union School
Senior High School Twinfield USD #33

Unit Features

Unit 1 Baths 1
Unit 1 Bedrooms 2
Unit 1 Lease Term Annual
Unit 1 Level Number 1
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 1550.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Status Leased
Unit 1 Tenant Pays Internet Service, Electric
Unit 1 Total Area 746
Unit 2 Baths 1
Unit 2 Bedrooms 2
Unit 2 Lease Term Month to Month
Unit 2 Level Number 2
Unit 2 Rental Agreement Yes
Unit 2 Rental Amount 1450.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Status Leased
Unit 2 Tenant Pays Internet Service, Electric
Unit 2 Total Area 746

Price History of 60 School Street, Plainfield, VT

Date Name Price Difference
06/20/2025 Listing Price $179,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 60 School Street, Plainfield, VT

Location Map Street View
Photo of Janet Gillis, ABR
Janet Gillis, ABR
Broker/Owner/REALTOR®
Direct: 339-933-0932
Office
1 Snow Rd. Suite 1A
Marshfield, MA 02050
339-933-0932
Listed by KW Vermont - Cambridge, Taylor White 802-760-9815
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1.5573184357542%
6.75%
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60 School Street (MLS #5047698) is a duplex multi-family listing located in Plainfield, VT. This multi-family listing is 1,492 sqft and on a lot of 4,356 sqft (or 0.10 acres) and is 136 years old. This property was listed on 06/20/2025 and has been priced for sale at $179,000.

Nearby zip codes are 05602, 05641, 05650, 05651 and 05658. This property neighbors other cities such as Barre City, Barre Town, Calais, East Montpelier and Marshfield.

PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

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Listing information courtesy of: KW Vermont - Cambridge

Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers. personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 05/11/2026