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Jolene Greene

jolene@homesvermont.com +1(802) 495-6036

Listed by Hughes Group Team • Casella Real Estate

$350,000

Est. payment - /mo

5 Beds

2 Baths

2,080 SqFt

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,080 sqft

Price per Sqft $168

MLS Listing ID 5106490

Bedrooms 5

Full Baths 2

Construction Status Existing

Year Built 1870

Lot Size 7,840 Sqft

Acres 0.18

Property 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!

Location

State VT

County Vt-rutland

Area Vt-Rutland

Zoning Residential

Rooms

Basement Entrance Interior

Basement Full, Interior Stairs, Unfinished, Interior Access

Interior

Cooling None

Flooring Vinyl

Exterior

Garage Spaces 1.0

Utilities Available Telephone Available

Waterfront Description No

View Y/N No

Water Access Desc No

View No

Roof Type Standing Seam

Building

Story 3

Sewer Public

Architectural Style Colonial

Construction Status Existing

Schools

Elementary Schools Poultney Elementary School

Middle Schools Poultney High School

High Schools Poultney High School

School District Greater Rutland County Supervisory Union

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Jolene Greene

+1(802) 495-6036

REALTOR | License ID: 082.0134587

REALTOR License ID: 082.0134587

41 Furnace ST Poultney, VT 05764

Jolene Greene

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Nearby Locations

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