Albany VT Mult-Family Real Estate

MLS Number 5092356

• Multifamily
• PricePerSqFt 211.69
• Address 261 Union Avenue
• Units 9
• Bathroom 8

9-unit mixed use property in central Laconia consisting of eight 1-bedroom apartments and a 928 SF commercial space. The building has been improved through updates to several apartments and the common areas, and the roof was replaced in 2021. All 8 apartments are occupied and rents are terrific with an average residential rent of $1,432/unit/month, and opportunity exists for the next owner to add revenue by leasing the commercial space. In total, the property generates ~$155K in pro forma gross revenue and ~$105K per year in NOI, corresponding to a 9.3% cap rate at the asking price. Landlord pays for heat, hot water, cold water, and electricity. There are 6 off-street parking spaces and ample street parking in the immediate vicinity. Owner is a real estate licensee.

Listed by Nick Gray of Gray Property Group,LLC

MLS Number 5106833

• Multifamily
• PricePerSqFt 290.32
• Address 7 Crescent Street
• Units 9
• Acreage 0.69

Excellent opportunity to add a 9-unit residential property to your investment portfolio! Tucked away on a quiet side street just minutes from downtown Pittsfield, this property offers a desirable combination of location, unit mix and off-street parking. The building consists of 5 studio apartments, 3 one-bedroom units and 1 two-bedroom unit, providing a diversified rental mix with broad tenant appeal. A major benefit for investors is that tenants pay their own heat, helping to reduce owner-paid operating expenses. Additional highlights include town water and sewer, newer heating systems and a newer roof, offering added value and peace of mind for the next owner. The property also offers plenty of off-street parking, a valuable amenity, as well as a large private backyard for tenants to enjoy. Conveniently located near downtown amenities and shopping while still enjoying the quieter setting of a side street. Whether you're looking to expand an existing portfolio or add a substantial multifamily asset, this property offers an attractive opportunity with 9 income-producing units under one roof. ***Also available as part of a larger off-market investment portfolio. Additional properties and portfolio information available upon request.***

Listed by Trish Marchetti of BerkshireHathaway HomeServices Commonwealth R.E

MLS Number 5078460

• Multifamily
• PricePerSqFt 314.69
• Address 6-8 Chase Street
• Units 3
• Bathroom 5

Extensively Renovated Burlington Triplex with a 10%+ Cap Rate. This 3-unit property with 5 bathrooms offers a strong opportunity for investors or buyers looking for rental income near the University of Vermont. Featuring 11 bedrooms, the building is fully rented and has been thoughtfully renovated with updated kitchens, bathrooms, heating systems, flooring, and interior finishes. Located just across the Winooski River, the property provides easy access to UVM, the UVM Medical Center, downtown Burlington, and Winooski's growing restaurant and retail district. Investors searching for a turn-key Burlington multi-family with stable rental income will appreciate the recent improvements and high-demand location.

Listed by Lipkin Audette Team of Coldwell Banker Hickok and Boardman

MLS Number 5115565

• Multifamily
• PricePerSqFt 200.61
• Address 5 Park Street
• Units 6
• Acreage 0.4

The Governor's Mansion. Capitalize on this rare opportunity! This is an exceptional investment opportunity featuring 19 potential residential apartments and one office space. The Governor's Mansion is a well maintained three story property in the heart of downtown Morrisville, Vermont. Currently generating income from the three car garage, four residential apartments with an owner occupied residence that incorporates dedicated office space. The property has DRB approval for construction of 14 additional residential apartments, creating the opportunity to expand to 19 residential apartments while retaining the existing office space. This property offers a unique opportunity for investors, developers, or an owner occupant to live and work in downtown Morrisville while benefiting from rental income and future development potential. Its central downtown location, within walking distance of village amenities, schools, golf course and hospital, offers convenient access to everyday services and supports the property's long term investment potential. Position your next investment for growth. With existing income, DRB approved expansion potential and a desirable downtown location, the Governor's Mansion offers investors the opportunity to increase rental revenue and build long term value. Property is Broker Owned

Listed by Denise Trombley of BHHS Vermont Realty Group/Morrisville-Stowe

MLS Number 5104455

• Multifamily
• PricePerSqFt 310.38
• Address 80 Brinkerhoff Lane
• Units 5
• Acreage 4

Classic Stowe Brick Farmhouse with Rental Income & Investment Potential Currently a lucrative rental, this classic Stowe brick farmhouse offers a unique combination of character, flexibility, and income potential, and is ready for your vision and future updates. Ideally situated close to all of Stowe's amenities, this special property is part of a small, planned community with a shared septic system, private shared lane, and no rental restrictions. The main house is currently configured as four separate bedroom suites, each with its own private bath, along with a shared kitchen, living/dining area, and basement laundry. An upstairs room with its own living room has been refreshed with new paint and an updated bathroom. The home also features newer flooring upstairs, newer windows, a repointed brick exterior, and two gas fireplaces. The self-contained, two-story accessory apartment offers additional flexibility and privacy, with a large sunny deck, beautiful slope views, sunroom/office, and its own washer and dryer. The downstairs unit has been updated with new framing and drywall, and electrical rewiring and other electrical work have been completed throughout portions of the house over the years. The property also benefits from a boarding home permit through the city/county, providing additional flexibility for its current use. Buyers should verify permitting and allowable uses with the appropriate municipality. From its classic brick exterior to its versatile multi-unit layout, this property presents an excellent opportunity for an investor, owner-occupant, or buyer looking to create a distinctive Stowe property with multiple rental spaces.

Listed by Bobby Roberts of Rusty Nail Real Estate

MLS Number 5095280

• Multifamily
• PricePerSqFt 424.38
• Address 45 Lebanon Street
• Units 2
• Acreage 0.48

Location, location!! Fabulous opportunity to own a cashflow positive investment property with a long rental history. Or an opportunity to renovate partially and live in one side or renovate totally and have a fantastic residence right down town. This property has a great back yard also which could potentially be developed.

Listed by Liam McCarthy of Coldwell Banker LIFESTYLES - Hanover

MLS Number 5110217

• Multifamily
• PricePerSqFt 237.27
• Address 337 Main Street
• Units 3
• Bathroom 7

A RARE FREMONT OPPORTUNITY WHERE HISTORY MEETS MULTIFAMILY LIVING! Step into a piece of Fremont's rich history with this distinctive three-unit property located along Main Street. Offering an exceptional combination of character, space and income potential, this property is being offered as a THREE-UNIT MULTIFAMILY featuring a large 2-bedroom, 2-bathroom unit plus two additional 2-bedroom, 1.5 bathroom units. Adding to the property's unique story, 337 Main Street is recognized in the Town of Fremont's historic resources as the site of the 1902 Cooperage Shop. The property also has a fascinating connection to Fremont's renowned Spaulding & Frost Cooperage -historic records note that weigh/hay scales were installed here in 1907 and were frequently utilized by the cooperage to remain within lawful road-weight limits. Fremont's Spaulding & Frost Cooperage was established in 1874 and operated for 125 years becoming an important part of the town's industrial heritage and one of the country's notable white-pine barrel-making cooperages. Today, this property offers an exciting opportunity to own a piece of that story while benefiting from a flexible three-unit configuration. Whether you're an investor seeking an income-producing property, an owner-occupant looking to offset expenses with rental income or someone who appreciates the character and history of old NH, this property offers a rare combination of history, versatility and investment potential. Three units. Six bedrooms total. Four bathrooms plus two half baths and 429.1" of river frontage. A TRULY UNIQUE FREMONT PROPERTY WITH A STORY TO TELL.

Listed by Ofe Polack of Coldwell Banker Realty Bedford NH

MLS Number 5112374

• Multifamily
• PricePerSqFt 198.27
• Address 3 Pearl Street
• Units 16
• Acreage 0.17

Here's your opportunity for an easy to manage turnkey business investment opportunity, currently operating as all-inclusive student housing for PSU. This fully occupied 16 bed, 5 ½ bath, 5,500+ SF legal rooming house will yield a 9-cap. The property features a community kitchen with plenty of cabinet space, 2 ovens, 2 microwaves, 4 large refrigerators, dishwasher and smaller appliances and dishes, with a commercial-grade laundry room with 2 card app washers & 2 gas dryers. The furnished private bedrooms offer keypad locks, individual nest thermostats, black out blinds, many with mini fridges and additional built in cabinet space in the room. This renovated property is easily managed remotely with nest thermostats and nest smoke detectors, ring cameras, and offers occupants business class WiFi, premium cable and a reverse-osmosis water dispenser. Upgrades include FHW oil boiler and efficient supplemental electric wall units. There is a metal roof on part of the building and vinyl replacement windows. Much of the electrical and plumbing has been upgraded. Sale includes furniture, household goods including all kitchen appliances and amenities, TV, printer and more.

Listed by Adeline Matton of Aluxety

MLS Number 5114680

• Multifamily
• PricePerSqFt 611.11
• Address 68 Longmeadow Drive
• Units 2
• Acreage 0.69

Opportunity to build up to 14 units on this parcel. In Shelburne Road 1 District, the town is looking for multi unit buildiings. Conveniently located to public transportation. Walkable to Dunkin Donuts, Pizza 44, Archies Grill, The Scoop, Chef Leu's Chineese, Dutch Mill Diner and Heartworks Preschool. 10 minute walk on sidewalk to center of Shelburne for even more options.

Listed by Scott Hardy of EXP Realty

MLS Number 5085057

• Multifamily
• PricePerSqFt 210.01
• Units 6
• Bathroom 6
• Acreage 0.2

CASHFLOW! Rare 10.43% current cap rate! Don't miss this rare opportunity to acquire a high-performing investment package that everyone has been looking for! Offered individually or as a combined package. The property has seen renovations throughout which includes a new rubber membrane roof and unit updates. Embrace enhanced energy efficiency through newer windows and the installation of two new heating systems. Step into the unit and explore its updates, such as new luxury vinyl flooring, a contemporary paint finish, brand-new stainless steel appliances, in-unit washer and dryers with hookup, and various other upgrades. Investors appreciate the property's easy maintenance, and separate utilities allowing for low expenses. Small apartments no more as tenants enjoy large spacious size units with bountiful rooms. Discover some of the charming details of the space, from tray ceilings, beautiful hardwood floors and to the elegance of tiled bathrooms. Tenants appreciate its location being conveniently located in downtown Milton across from Milton 3 Ponds. Tenants enjoy fishing, swimming and boating just a short stroll away from the property. Situated just minutes away from schools, convenience stores, town hall, the seacoast, lakes, mountains, Route 16, and numerous other amenities Delayed SCHEDULED PRIVATE showings begin on friday between 4-6PM.

Listed by Andy Yau of RE/MAX Shoreline