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Listing courtesy of PRIME_MLS / Dexter Degre / Jim Campbell Real Estate

365 Vermont Route 243 Unit Lot #3 (See Survey, Deed)

Troy, VT 05859

– beds
– baths
2,700 sqft
~1/2 acre lot
$101 per sqft
1930 build
– on site

DUPLEX FOR SALE! 12 minutes from Jay Peak Resort. Perfect for owner occupied, investor, AirBnb / VRBO, or anyone looking to build equity. Pro-forma cap rate of ~7% (w/professional management) or ~8.3% (self-managed) - figures are projected only. In excellent shape and move-in-ready. Perched atop a hill with excellent curb appeal, this commanding 2-story duplex has side-by-side units with separate utilities, 2 generators, and a full basement. You won't find a more solid duplex in the area - built as a Custom's Building in the 1930's by the Federal Government and designed to survive harsh winters. Each unit is nearly identical in terms of footprint, style/finishes, and layout. Interior pics are from Unit 2. Each unit totals 2025 SF, featuring 1350 SF finished, and an unfinished 675 SF basement. On the main level is the kitchen, formal dining room, and large living room with wood fireplace. The 2nd floors each have 3 large bedrooms, a stylish full bathroom, and a big linen closet in the hallway. Floors are all hardwood with the exception of the kitchens, bathrooms, and basement. Basements are large and spacious with high ceilings - great for storage! Each unit has a covered deck. Most appliances are included in the sale (see "Items Excluded"). Tenant has lived in Unit 1 for 20 years and is currently on a friendly MTM lease to provide a buyer with flexibility. Tenant is open to signing a market-rate lease with the new owner. Wood fireplaces need unknown repairs to be functional.

Listing courtesy of PRIME_MLS / Dexter Degre / Jim Campbell Real Estate

Last checked: Checking… • Last updated Jun 19, 2025 •

MLS# 5047387 —

The Building

Year Built:

1930
Pre-Construction:

No
Construction Status:

Existing
Construction Materials:

Wood Frame, Vinyl Siding
Architectural Style:

Colonial, Georgian
Roof:

Shingle - Asphalt
Foundation:

Block, Concrete
Total Stories:

2
Total Units:

2
Approx SqFt Total:

4050
Approx SqFt Total Finished:

2,700 Sqft
Approx SqFt Finished Above Grade:

2,700 Sqft
Approx SqFt Finished Below Grade:

0 Sqft
Approx SqFt Unfinished Above Grade Source:

Public Records
Approx SqFt Unfinished Below Grade:

1350
Approx SqFt Finished Building Source:

Public Records
Approx SqFt Unfinished Building Source:

Public Records
Approx SqFt Finished Above Grade Source:

Public Records
Road Frontage Type:

Paved, Public, Public Maintained Road

Interior

Flooring:

Combination, Hardwood, Laminate, Tile
Basement:

Yes
Basement Description:

Bulkhead, Concrete, Concrete Floor, Daylight, Full, Stairs - Interior, Storage Space, Unfinished, Interior Access, Exterior Access, Stairs - Basement
Basement Access Type:

Interior
Room 5 Type:

Vacant

Room Dimensions

Room 18 Dimensions:

2 Story + Basement
Room 19 Dimensions:

2 Story + Basement

Location

Directions:

Leaving North Troy and heading towards Canadian Border along Vermont Route 243, there will be two large duplexes on the left with a shared driveway. This property is the first of the two duplexes.
Latitude:

45.000202000001003
Longitude:

-72.412335999999996

The Property

Property Class:

Multi-Family
Seasonal:

No
Lot Features:

Country Setting, Landscaped, Secluded, Sloping, In Town, Near Golf Course, Near Skiing, Rural, Near School(s)
Lot SqFt:

24,829 Sqft
Lot Acres:

0 Sqft
Zoning:

Village District (Troy)
Exterior Features:

Deck, Garden Space, Porch - Covered, Porch - Enclosed
Driveway:

Common/Shared, Gravel, Right-Of-Way (ROW)
Road Frontage:

Yes
Road Frontage Length:

125 Sqft
ROW - Length:

200
ROW - Width:

50
ROW - Parcel Access

Yes
ROW to other Parcel

No

Listing Agent

Contact info:

Taxes

Taxes TBD:

Yes

Beds

Bedrooms - Level 4:

6

Baths

Total Full Baths:

2
Half Baths Size:

12 Sqft
Unit 1 Baths:

1
Unit 2 Baths:

1

The Listing

Virtual Tour
Price Per SqFt:

101.85
Foreclosed/Bank-Owned/REO:

No

Heating & Cooling

Heating:

Oil, Hot Water, Multi Zone
Total Heat Units:

2
Total Water Heaters:

2

Utilities

Utilities:

Other, Phone
Separate Utilities:

Yes
Sewer:

Public
Electric:

Circuit Breaker(s), Generator
Water Source:

Drilled Well, On-Site Well Exists
Total Electric Meters:

2

Appliances

Appliances:

Water Heater – Separate
Total Refrigerators:

1

Schools

Elementary School:

Troy School
Middle Or Junior School:

North Country Junior High
High School:

North Country Union High Sch
School District:

Orleans Essex North

The Community

Village/Dist/Locale:

North Troy
Covenants:

No

Parking

Parking:

Driveway, Parking Spaces 1 - 10, Unpaved

Extra Units

Unit/Lot #:

Lot #3 (See Survey, Deed)
Unit 1 Rooms:

6
Unit 1 Bedrooms:

3
Unit 1 Approx SqFt:

2,025 Sqft
Unit 2 Bedrooms:

3
Unit 2 Approx SqFt:

2025
Total 3+ BR Units:

2
Unit 1 Info:

Dryer, Range - Electric, Washer
Unit 2 Info:

Dryer, Range - Electric, Refrigerator, Washer

Explore the Area

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Sale history

Date	Event	Source	Price	% Change
6/19/25 Jun 19, 2025	Listed / Active	PRIME_MLS	$275,000

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365 Vermont Route 243 Unit Lot #3 (See Survey, Deed)

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This multifamily located in Troy, VT 05859 is currently for sale for $275,000. 365 Vermont Route 243 Unit Lot #3 (See Survey, Deed) is a 2,700 square foot multifamily with – beds and – baths that has been on Estately for 12 days. This multifamily is in the attendance area of Troy School, North Country Union High School, and North Country Jr Uhsd 22.

Listing Courtesy of: PRIME_MLS and Jim Campbell Real Estate.

Copyright 2025 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.