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Listed by Lauren Gould of Green Light Real Estate
Get ready to start earning money on your investment from day of closing forward! This well-maintained, fully rented, 5 unit property brings in an amazing Net Operating Income of over $30K per year earning a cap rate of 7%! Expenses are low, with no lawn to mow and no lot to plow. All units pay for their own electricity and 2 pay for their own heat. Each unit has been updated and maintained regularly. Get the best of both worlds, with a mix of long term tenants and month to month leases. Great location in downtown Plainfield with close proximity to Montpelier. Property has strong rental history and with the location, condition and improvements of this building, keeping units filled will never be an issue. *Expenses listed includes insurance*

Property Details of 39 Main Street

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Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This display of listings may or may not be the entire Compilation from the NEREN database, and NEREN does not guarantee the accuracy of such information. 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 December 1, 2022 11:10 AM EST.

 

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