Andover VT Mult-Family 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 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 5112910

• Multifamily
• PricePerSqFt 155.56
• Address 380-382 North Avenue
• Units 6
• Bathroom 6

INVESTMENT OPPORTUNITY in Burlington! Well-maintained six-unit apartment property offering a strong combination of income, parking, and flexible space. The property features 12 bedrooms across six units, with all units having been improved over the years and a history of steady rental income. A unique detached cottage unit adds additional appeal and flexibility for tenants or an owner looking for a separate living/work space. The property also offers an impressive 14 parking spaces, plus garage/storage space and convenient coin-operated laundry. Ideally located on North Avenue with easy access to Burlington amenities, shopping, dining, schools, parks, Lake Champlain, and downtown. A solid opportunity for an investor seeking an established multifamily property with multiple income streams and potential for continued long-term value

Listed by Robbi Handy Holmes of BHHS Vermont Realty Group/S Burlington

MLS Number 5100435

• Multifamily
• PricePerSqFt 238.04
• Address 60 Charles Street
• Units 4
• Bathroom 4

COMPLETELY RENOVATED 4 UNIT MULTI-FAMILY (all rented!) on approximately 1 acre. With expansion potential for 4 ADDITIONAL UNITS, this a lucrative turnkey investment opportunity! Originally built in 1988 and thoughtfully converted from a single-family, this property now features four spacious 2-bedroom, 1-bath units, each updated for modern living and low-maintenance ownership. All units include brand new stainless steel appliances, flooring, paint, plumbing and electrical fixtures, and individual Navien high-efficiency propane combi boilers. Additional upgrades include vinyl windows, exterior doors, new exterior stairs and landings, and separate electrical panels. Each unit offers open-concept kitchen/living space, in-unit laundry hookups, and dual front/rear entrances. Unit layouts include approximately 1,125 SF (one with bonus flex space), 1,082 SF, 991 SF, and 832 SF, providing a range of comfortable living options. Property features vinyl siding, public water and sewer, a large paved parking area, and fire-rated separation between units. Propane tanks onsite (2 per unit, via Eastern Propane). Value-add potential includes basement storage rental income, possible condominium conversion, and opportunity to develop additional units (buyer to verify). Located in a flexible zoning district allowing multiple uses. Turnkey condition with strong income potential and future upside.

Listed by David Christensen of EXP Realty

MLS Number 5110417

• Multifamily
• PricePerSqFt 521.43
• Units 2
• Bathroom 2
• Acreage 0.12

Set along the shores of Lake Winnipesaukee in the protected waters of Rand Cove, 115 Mount Major Highway offers direct waterfront with 42 feet of owned frontage and a private dock. Located in Alton in the heart of New Hampshire's Lakes Region, the home has been renovated throughout while retaining the character of a classic lake house. The main level is designed for gathering, with a spacious living room, kitchen, knotty pine sunroom overlooking the water, bedroom, bunk room, and full bath. Hardwood floors carry through the main living space, where windows along the water side frame views of the cove. The kitchen features quartz countertops, a waterfall island with counter seating, white shaker cabinetry over navy base cabinets, and stainless steel appliances. Upstairs, the second level offers its own kitchen with quartz countertops, a bedroom, full bath, waterfront deck, and separate exterior entrance. Interior access connects it to the rest of the home, while the layout allows this level to function separately when desired. The third level opens into a large vaulted room that can serve as an additional bedroom, game room, bunk space, or bonus living area. Outdoor spaces are equally well suited to lake living, with two decks facing the water, a hot tub, and a sand and stone patio at the water's edge with a fire pit and lounge seating tucked behind a privacy fence. The private dock and owned frontage provide direct access for boating, swimming, and days spent on Winnipesaukee. Looking toward the future, architectural plans offer an exciting vision for transforming the residence with reimagined living spaces, an expanded upper level, and refreshed exterior design. A unique opportunity to personalize the property and bring a new vision to life. Plans available. Rand Cove sits just off the main boating channel, offering protected, no-wake water that keeps boats safe, with easy access to open lake, town docks, and marinas. Seller is a licensed NH real estate agent.

Listed by Cori Tessier and Kara Chase of Legacy Group/ Real Broker NH,LLC

MLS Number 5103860

• Multifamily
• PricePerSqFt 450.34
• Address 98 100 Nanas Lane
• Units 2
• Bathroom 3

Investment opportunity meets Vermont lakefront living. Offered together, these two separately deeded waterfront properties on Miles Pond present a rare opportunity for investors, those completing a 1031 exchange, or buyers seeking a private family compound with built-in income potential. The offering includes a year-round 3-bedroom, 2-bath home, a fully furnished 2-bedroom seasonal cottage with an established short-term rental history, two private docks, a 30' x 40' garage with an unfinished second level, and a fully paid-off solar array serving the properties through shared net metering. The seasonal cottage has a proven five-year, five-star rental history, generating seasonal income while offering flexibility for personal use, guests, or continued vacation rentals. The paid-off solar system helps reduce operating expenses across both homes and the garage, while the separate deeds provide long-term flexibility for future ownership, investment, or estate planning goals. The year-round home offers beautiful mountain views, direct waterfront access, comfortable living spaces, and its own private dock. The seasonal cottage also enjoys private waterfront access with its own dock, allowing each residence to function independently while creating an exceptional overall property for extended family, shared ownership, or rental opportunities. The oversized 30' x 40' garage provides generous storage for boats, recreational equipment, and vehicles, while the unfinished second-story loft is already served by water and sewer, offering exciting possibilities for future guest accommodations, studio space, office, or additional income potential, subject to any required approvals. Whether you're building your investment portfolio, completing a 1031 exchange, or seeking a flexible waterfront retreat, this rare Miles Pond offering combines income potential with exceptional lakefront living.

Listed by Katy Rossell of Tim Scott Real Estate

MLS Number 5099791

• Multifamily
• PricePerSqFt 219.57
• Address 151 Pearl Street
• Units 15
• Acreage 0.22

Established 15 unit rooming house covering 3 generations. Well maintained throughout including new roof in 2018, FHW natural gas heat updated within 9 yrs. , common hallways painted in 2023, new Thermopane windows within 5 years, new kitchen floor including subfloor in 2021, new GE refrigerator and Range, several updated rooms, exterior painted in 2018. Communal kitchen, 4 bathrooms, 1st floor laundry. Paved parking with 2 separate driveways. Rarely a vacancy here in much sought after congregate living housing that fits an important affordable housing niche in Manchester. Corner lot with nearby shopping and public transportation.

Listed by Richard Dumont of Century 21 Dumont and Assoc.

MLS Number 5106468

• Multifamily
• PricePerSqFt 178.45
• Address 494 Wilson Street
• Units 5
• Bathroom 6

True 8.7% Cap Rate at current list price. UNUSUALLY LOW EXPENSES. All units have separate, tenant-paid utilities. Landlord only pays minimal common area power/water. FOR INVESTORS: Verified T12 financial data reveals a strong 8.71% Cap Rate at $1,050,000. Gross Potential Rent: $123,600 | EGI: $119,700 | Total OpEx: $28,225 | Net Operating Income: $91,475. Actual P&L statement available in MLS documents.

Listed by Aj Pappas of EXP Realty

MLS Number 5080252

• Multifamily
• PricePerSqFt 342.79
• Address 3191 Route 30
• Units 5
• Bathroom 6

Dorset Village Investor's choice! Village Commercial... Currently Presenting a 5 unit, 3030 SF residence that can not be reproduced locally. This building has been lifted and a full (includes a small crawl) poured concrete foundation installed... dry as can be... clean as any basement can be hoped for! There are a mix of one bedrooms and studios... The configuration can be easily altered to provide combinations in living arrangements such as making a one bedroom into two bedrooms if it makes sense to a buyer... OR the main level studio (however, not limited) can become a commercial office or other configurations for a business. The seller, in residence, occupies a full one bedroom unit with fireplace, full eat-in kitchen and bath, only the seller uses the basement with laundry facilities. 4 units enjoy private entrances... there is one bath/unit... 7 parking spaces... the rates of the leases are thought to be very reasonable! Details are abundant... Location Excellent... Whether this is to be considered a multi unit investment... owner occupied investment... or reinstated back to a the original primary residence with attached yet very separate rental and one plus bay garage... the options are nothing less than vast. Currently creating income that does not include the owners quarters. Projections on the rentals can be considered upwardly inviting. Currently the occupants and Seller/Owner appreciate the cohesive tenants. Any investor that is considering vacation rentals should locate Dorset's short term rental information and guidelines as found at dorsetvt.org. This is an opportunity that cannot be recreated at this moment in the village of Dorset! 48 hour notice please for appointments. All estimated SF of the units are approximate. Tesla power wall rental... generator (not a full house) also avail. There isn't a floorplan other than the town listers card.

Listed by Laura Beckwith and Elizabeth Romano of Josiah Allen Real Estate,Inc.

MLS Number 5098687

• Multifamily
• PricePerSqFt 224.27
• Address 60 S State Street
• Units 5
• Bathroom 5

Rare opportunity to own a well-located five-unit multifamily property in the heart of Concord! Situated just minutes from downtown, the State House, shopping, restaurants, parks, and major commuter routes, this income-producing property offers strong investment potential in one of New Hampshire's most desirable rental markets. The building features five residential units, providing multiple streams of rental income and long-term value for investors or those looking to expand their portfolio. Tenants will appreciate the convenient location with easy access to employment centers, public transportation, schools, and local amenities. Off-street parking and a manageable lot add to the property's appeal. Whether you're a seasoned investor or looking to acquire your first multifamily asset, this property presents an excellent opportunity to build equity and generate consistent rental income in the Capital City.

Listed by Kelly Erwin of Keller Williams Realty-Metropolitan