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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.

Property Details of 365 Vt Route 243

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Copyright 2026 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. Data last updated March 11, 2026 11:39 AM EDT

 

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