Price Reduction - Water Front
Listing Provided Courtesy Of:
Nate Bartlett with StoneCrest Properties, LLC2.
Address
20 School Street Plainfield, VT
Price
$ 129,900
Property Attributes
  • MLS#4652662
  • TypeMulti-Family
  • CountyWASHINGTON
  • CityPlainfield
  • AreaWashington
  • Zip05667
  • StyleMulti-Family
  • Year Built1840
  • Taxes3501
  • Price$ 129,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4074
  • Lot Size3,049 SqFt
Listing Provided Courtesy Of:
Nate Bartlett with StoneCrest Properties, LLC2.
Property Description

GREAT PRICE all reasonable offers will be considered! 10% Cap rate at current price with rents low, imagine the margins you could make here with forced appreciation! This is an awesome multi family or commercial investment opportunity in the heart of Plainfield village waiting for a bright mind to bring it to its full potential. Possibilities with proper permitting might include: General store, light manufacturing, and with this amount of space multiple businesses and/or offices can be sustained along with the current residential units. Priced to sell this is a large building with a lot of character that was originally built in 1840 as a residence, and has had two additions since. This building has great exposure with frontage on both busy Route 2 and Main Street, plus a steady flow of foot traffic directly in front. The first level is fully leased with two current established businesses, and there is also a residential unit on the second level which is occupied. With tons of unrealized value to be tapped into this would be a great beginning to or addition for any portfolio. Sellers are motivated and anxious to see this historic icon operating at its peak potential again.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
8/10/2017 Listed $147,500
8/11/2017 2% - $144,900
5/10/2018 4% - $139,900
8/6/2018 8% - $129,900

General Features

Construction Wood Frame
Construction Status Existing
Listing Area VT-Washington
Listing Status Active
Price Per Sq Ft 47.83
Stories 3
Style Multi-Family
Tax Year 2018
Type Multi-Family
Year Built 1840
Zoning Plainfield

Interior Features

Basement Yes
Basement Access Type Interior
Basement Description Slab, Stairs - Interior, Storage Space, Unfinished
Cooling None
Electric 100 Amp
Heating Baseboard, Radiator
Heating Fuel Oil
Sqft-apx Fin Above Grade 2716
Sqft-apx Total 4074
Sqft-apx Total Finished 2716
Sqft-apx Unfn Below Grade 1358
Total 1 Br Units 2
Total 2 Br Units 1
Total 3+ Br Units 1
Total Number of Units 4
Water Heater Electric

Exterior Features

Driveway Paved
Exterior Wood
Flood Zone Yes
Foundation Block, Concrete, Stone
Garage No
Lot Description Corner, Rental Complex, Sidewalks, Waterfront
Lot Size Area 0.07
Road Frontage Yes
Road Frontage Length 100
Roads Public
Roof Membrane, Metal
Sewer Public
Water Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 05667

Price
AVG $130K
$130K
Taxes
AVG $3,501
$3,501
Visits
AVG 20
19
Year Built
AVG 1840
1840
Walkscore
AVG 44
44

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