Addison VT Mult-Family Real Estate

MLS Number 5107191

• Multifamily
• PricePerSqFt 207.12
• Address 50 North Cove Road
• Units 2
• Bathroom 2

Opportunity awaits at 50 North Cove in Burlington! This currently rented duplex offers immediate income potential in a convenient location close to the Burlington Bike Path, Winooski River, Lake Champlain, parks, recreation, shopping, dining, and downtown Burlington. Unit A features 2 bedrooms and 1 full bath, providing a comfortable and functional layout. Unit B offers an especially spacious and versatile floor plan with 2 bedrooms plus 3 additional bonus rooms, giving occupants plenty of options for home offices, guest space, hobbies, storage, or other uses. This unit also includes a living room, dining room, kitchen, mudroom, back deck, and an attached 2-car garage a valuable feature for a Burlington multi-family property. With both units currently rented, this property offers an opportunity for an investor looking to add to their portfolio or a future owner-occupant seeking the flexibility of living in one unit while generating income from the other. Enjoy convenient access to Burlington's waterfront, recreation, bike path, and everyday amenities. A versatile multi-family property with established rental income and plenty of potential in a desirable Burlington location. LA related to Seller.

Listed by Darcy Handy of RE/MAX North Professionals

MLS Number 5099911

• Multifamily
• PricePerSqFt 95.81
• Address 2 First Street
• Units 3
• Acreage 0.23

This exceptionally improved and meticulously maintained multi-family investment property presents a rare opportunity for both investors and owner-occupants. Previously builder-owned and occupied, the property reflects quality construction, thoughtful design, and pride of ownership throughout. Currently configured with three town-approved residential units, the property also includes additional finished space that offers excellent upside potential. With town approval, this space could become a fourth unit or be incorporated into the existing third unit, creating added value with minimal investment. One unit has recently been vacated and is ready for cosmetic updates, while the remaining units are in excellent condition and have been exceptionally well maintained. A newer, high-efficiency pellet boiler integrated with an oil-fired backup heating system provides flexible multi-fuel operation, increased reliability, and impressively low operating costs. Spacious apartments feature beautiful hardwood floors, generous storage, and desirable amenities including private decks, patios, and unique architectural details that enhance tenant appeal. Whether you're seeking a quality owner-occupied property or a turnkey investment with built-in value-add potential, this exceptional offering combines strong income potential, low operating costs, and future expansion opportunities in one well-maintained package.

Listed by Ryan Goodell of EXP Realty

MLS Number 5110811

• Multifamily
• PricePerSqFt 107.13
• Address 42 Parker Street
• Units 2
• Bathroom 2

Large two family home!!! In town location. Close to schools, shopping and amenities. Many original features; staircase and lovely banister in entrance hall, moldings, fireplace surround as well as turret and alcove windows. Large units; one 2 bedroom and one 3 bedroom. All separate utilities. Well maintained property ready for you to take ownership!

Listed by Dick Thackston of R.H. Thackston & Company

MLS Number 5102157

• Multifamily
• PricePerSqFt 71.94
• Address 385 Province Road
• Units 2
• Acreage 30

Unique 30 acre property featuring 2 substantial buildings offering over 12,000 sqft of mixed finished + unfinished space. Whether your vision includes residential rentals, commercial use, workshop space, storage, or a mixed-use investment, this property provides the flexibility to bring your ideas to life! Building 1 (located in the back) currently features 2 residential apartments above an expansive multi-bay garage and oversized workshop. Building 2 (closest to the road) offers unfinished residential space above a lower-level garage, office and woodworking shop. Set on 30 acres, the land features a private pond surrounded by wetlands, adding a natural buffer & peaceful setting. Please note that this is a significant renovation project requiring finishing, repairs, and updated permitting for future uses. Due to the property's condition, cash or rehabilitation financing only. This is an ideal opportunity for investors, contractors, or buyers looking to build equity through improvements and redevelopment. Sold as-is, including most items inside/outside, minus any items of sentimental attachment to Seller. Buyer to do their own due diligence relative to future uses.

Listed by Kaitlin Whitcher and Cheyenne Bostrom of Profound New England Real Estate

MLS Number 5106474

• Multifamily
• PricePerSqFt 97.3
• Address 100 Pine Street
• Units 6
• Acreage 0.12

$75,000 in gross income per year at the current rents, Fully occupied 6 family located close to the middle school. Vinyl Exterior off street parking.

Listed by Christopher Lunn of RE/MAX Northern Edge Realty LLC

MLS Number 5113235

• Multifamily
• PricePerSqFt 125.56
• Address 89 North Street
• Units 2
• Bathroom 2

Welcome to this charming and versatile New Haven property set on a picturesque 1-acre lot with gorgeous views. The spacious main home features 3 bedrooms, classic wood floors, a formal dining room, first-floor laundry, direct work-from-home space with multiple bonus rooms, ample storage, and bright, inviting sitting areas anchored by large windows. An attached 2-bedroom apartment offers great income potential or guest quarters, complete with updated finishes. Current owner used as a successful short-term rental; both units enjoy the efficiency and privacy of independent heating systems. Complete with a detached 3-car garage, this sweet in-town gem sits directly across from the town hall and near the Village Green Market and New Haven Town Green, offering an ideal location for an easy commute to local schools and Route 7 access to nearby Middlebury and Vergennes.

Listed by Heather Morse of Coldwell Banker Hickok and Boardman