Andover VT Mult-Family Real Estate

MLS Number 5098943

• Multifamily
• PricePerSqFt 129.17
• Address 123 High Street
• Units 2
• Bathroom 3

Welcome to a remarkable generational investment and lifestyle opportunity nestled in the heart of the Downtown Hardwick Village Historic District. This versatile property offers an incredible chance to build equity while establishing a steady financial foundation. By living in one unit and renting out the adjacent space, you can generate consistent passive income that offsets your living expenses, a classic strategy for savvy buyers looking to maximize their real estate portfolio. Location is everything, and this property puts the best of Vermont living right at your doorstep. You are a short stone's throw away from town, allowing for easy access to Hardwick's vibrant local culture, dining, and community events. Enjoy the convenience of being close to area schools while also benefiting from the many amenities the village has to offer. Outdoor enthusiasts will fall in love with the fact that the famous Lamoille Valley Rail Trail runs right through the center of town, offering miles of year-round recreation for biking, walking, and snowmobiling. For major retail needs, the Central Vermont Marketplace in Berlin is located just 30 miles southwest, providing convenient access to a Walmart Supercenter, Kohl's, and additional shopping options. The property features a small storage shed/outbuilding on-site, perfect for housing your outdoor gear, tools, or gardening supplies. Please note that this home is being sold strictly as-is with no repairs to be made by the seller, making it an ideal canvas for cash buyers or those utilizing renovation financing to bring their personal vision to life.

Listed by Kate Flanders of KW Vermont-Stowe

MLS Number 5104985

• Multifamily
• PricePerSqFt 91.58
• Address 21 Royce Street
• Units 2
• Bathroom 3

Turnkey income producing Victorian Duplex in the heart of Rutland City! Built in 1884, this well-maintained multi-family offers classic architectural character and immediate cash flow, with both units currently occupied by tenants. The upstairs unit is a cozy 2-bedroom, 1-bath layout. The downstairs unit is a spacious 3-bedroom, 1.5-bath home spread across two levels: the first floor features a kitchen, dining room, living room, a generously sized bedroom, and a full bath with in-unit laundry, while the second floor adds two more bedrooms, a half bath, and access to a large walk-up attic offering abundant storage. Additional highlights include hardwood and tile flooring throughout, an oil-fired hot water baseboard heating system, a stone and marble foundation, an unfinished basement, and a two-car detached garage on a gravel driveway, all set on a level city lot with public water and sewer. Whether you're adding a cash-flowing asset to your portfolio or planning to eventually live in one unit while a tenant helps cover the mortgage, 21 Royce St is a solid opportunity in a convenient Rutland City location.

Listed by Leo Pond of Four Seasons Sotheby's Int'l Realty

MLS Number 5089607

• Multifamily
• PricePerSqFt 139.4
• Address 11 Pine Street
• Units 2
• Bathroom 2

Versatile 2-unit property offering flexible living and income potential. The first-floor unit features an efficient studio-style layout with an open kitchen, dining, and living area designed for comfortable everyday living. This unit also includes a dedicated laundry room with a ¾ bath and full access to the basement, providing excellent storage and utility space. The second-floor apartment offers a bright and functional floor plan with an open kitchen and dining area, spacious living room, and two bedrooms. Additional attic access provides valuable extra storage space for tenants. The upstairs unit is currently leased with established rental income already in place, creating an excellent opportunity for immediate return on investment. Adding even more opportunity, the property includes a separate outbuilding with excellent potential for conversion into a third rental unit, guest space, studio, workshop, or private owner's workspace. Whether you are seeking additional income potential, a home business setup, or creative flex space, this additional building adds tremendous versatility and value. Conveniently located close to shopping, restaurants, banks, and other everyday amenities, this property combines practicality, income potential, and accessibility in one unique offering. Ideal for owner-occupants, investors, or anyone seeking flexible multi-use property potential. Selling "as is" and with some contents. Open House on Saturday, September 5th from 10 am to 12 pm.

Listed by Laurie Kirkpatrick of Coldwell Banker LIFESTYLES - Hanover

MLS Number 5101793

• Multifamily
• PricePerSqFt 153.85
• Units 2
• Bathroom 3
• Acreage 3.03

Unique opportunity to own two separate lots being sold together! The primary residence features a two bedroom, one and 1/2 bath, living space above an oversized two-car garage, making it an ideal setup for an automotive enthusiast, hobbyist, or mechanic seeking abundant workshop and storage space. Also includes a single-wide mobile home, offering excellent potential for extended family, guests, or rental income. The properties share a driveway and well, providing added convenience while maintaining the benefits of two separate lots. Delayed showings until Open House Sat 8/1 12-2 Whether you're looking for a multi-generational living arrangement, investment potential, or the perfect home with an exceptional garage, this property offers flexibility and value. may have to be cash only - rehab and deferred maintance

Listed by Jenna Sievers of Dolan Real Estate

MLS Number 5089297

• Multifamily
• PricePerSqFt 97.86
• Address 1292 Us Route 2
• Units 3
• Acreage 1

Don't miss this rare opportunity to own a versatile property in Marshfield with excellent potential for multi-family use and income generation. Currently configured in a way that lends itself to multiple living spaces, the property offers the possibility for three separate units, making it an attractive option for investors, owner-occupants, or anyone looking to offset expenses with rental income. Conveniently located on US Route 2, the property offers great accessibility along with ample parking and flexible space that could accommodate a variety of living arrangements. The layout provides an excellent opportunity to create distinct units with privacy and functionality, whether for long-term tenants, short-term rentals, multigenerational living, or a live-in owner setup. What truly sets this property apart is the balance between convenience and atmosphere. Behind the building, you'll find a surprisingly private backyard with charming river frontage that creates a peaceful setting rarely found in an in-town property. The outdoor space offers room for gardens, seating areas, or shared tenant enjoyment, adding to the overall appeal for future occupants. Packed with character, flexibility, and income-producing potential, this is a property with multiple paths for value and long-term opportunity.

Listed by Mathew Ghafoori of RE/Max Heritage

MLS Number 5116389

• Multifamily
• PricePerSqFt 137.64
• Address 20 Curtis Avenue
• Units 2
• Bathroom 2

A great opportunity for investors or owner-occupants! This well-maintained two-family property in Rutland City offers two spacious, two-bedroom apartments, each with a full bath, washer and dryer hookups, and their own single-car garage. Recent improvements include freshly painted interiors and refinished hardwood floors. A slate roof in good condition, separate driveways, two covered front porches, and a fully fenced backyard add to the property's appeal. The first-floor apartment is currently rented for $2,000 per month, includes heat, while the second-floor apartment is being offered for rent at $1,900. With potential gross annual rental income of $46,800, this property offers an opportunity to expand an investment portfolio or enjoy the benefits of owner-occupied living with rental income, subject to occupancy. Conveniently located near shopping, restaurants, grocery stores, and Rutland Regional Medical Center, with easy access to Killington and the area's year-round recreational opportunities. A solid two-family property offering flexibility, convenience, and income potential. Whether you're looking to expand your investment portfolio or enjoy the benefits of owner-occupied living with rental income, this versatile property checks all the boxes!

Listed by Mark Triller of Real Broker LLC

MLS Number 5106490

• Multifamily
• PricePerSqFt 143.75
• Address 41 Furnace Street
• Units 2
• Bathroom 2

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!

Listed by Hughes Group Team of Casella Real Estate

MLS Number 5114382

• Multifamily
• PricePerSqFt 157.04
• Address 4215 Vt Route 78
• Units 7
• Acreage 5

A unique opportunity for the buyer looking to have a residential property as well as an income-producing trailer park. The park has six lots. The house has three bedrooms and is awaiting the discriminating buyer willing to put in some sweat labor to make it a really nice property. Income from the park will help offset mortgage, taxes, and home expenses. Contact us with any questions.

Listed by Paul Clark of Poquette Realty