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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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41 Furnace St , Poultney, VT 05764
$350,000
Est. Payment: $777.78/mo
5 Bed
2 Bath
2080 Sqft
Status: Active | Days on site: 1
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5756 - 618545
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House Description

Welcome to 41 Furnace Street in the quaint town of Poultney - This beautifully renovated two-unit duplex offers modern finishes, extensively updated mechanical systems, and excellent long-term flexibility for an owner-occupant or investor. The property was completely gutted to the studs and renovated in 2023, with nearly every major component of the home replaced or upgraded. Property Layout • Unit 1 – First Floor: 2 bedrooms, 1 bathroom, with private in-unit laundry • Unit 2 – Second Floor: 3 bedrooms, 1 bathroom, with private in-unit laundry The extensive renovation included a new roof, new windows, all-new electrical, all-new plumbing, new hydronic heating system, new insulation throughout, new drywall, new kitchens and bathrooms, updated vinyl plank flooring throughout, new recessed lighting and updated fixtures. The new hydronic heating system utilizes a combination of panel radiators and baseboard heat. Each apartment is independently zoned for heating, providing separate temperature control. The electrical system was upgraded to a three-meter service, with separate meters for the first-floor unit, second-floor unit, and common/house service. The house meter primarily covers the electrical components associated with the heating system, while electrical usage for each apartment is separately metered. The upstairs 3-bedroom unit is currently occupied by an existing tenant and generates $1,560 per month through low-income/affordable housing program through NeighborWorks, with approximately three years remaining in the program, The current lease is in place through July 31, 2027, providing immediate and predictable rental income for a new owner. The downstairs 2-bedroom unit is not subject to this restriction and may be utilized as the new owner sees fit, offering flexibility for owner occupancy or traditional rental use. There's few rentals on the market with renovations, steady income, and low maintenace. Don't miss your opportunity!

Highlights

Listed by Hughes Group Team , 802-772-7487 Casella Real Estate , 802-772-7487.

Property Type

Multi-Family

Lot/Acreage
0.18

Year Built

1870

County

Rutland

School District

Greater Rutland County Supervisory Union

Listing ID

5106490

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:2
  • Full Bathrooms:
Floor:Vinyl
Above Ground Sq Ft:2080
Basement:Yes,Full,Interior Access,Interior Stairs,Unfinished

Exterior Features

Lot:Existing
Zoning:Residential
Roof:Standing Seam
Others:
  • Additional:Balcony, Natural Shade, Covered Porch
Sewer:Public
Parking Features:Driveway,Garage,On-Site,Parking Spaces 3,Paved
Principal Interest
$778
Taxes
$546

Home Price

$350,000

Loan Details

30 yrs
%

Down Payment

20%
$70,000
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Monthly Price:
$777.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $777.78 $546.41 $0.00 $1,324.19
Yearly $9,333.33 $6,556.91 $0.00 $15,890.24
Total $280,000.00 $196,707.30 $0.00 $476,707.30

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Poultney, VT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.