Addison VT Mult-Family Real Estate

MLS Number 5092308

• Multifamily
• PricePerSqFt 71.04
• Address 59 Depot Street
• Units 2
• Bathroom 2

Price Improvement! Reduced $10,000! Large single-family home or multi-family investment? The choice is yours. Bring your vision, roll up your sleeves, and put your tool belt to work. This two-story property is currently configured as a spacious two-family home and awaits completion, but it could easily be converted back into a large single-family residence. The current first-floor tenant is scheduled to vacate on August 1, 2026. Several important improvements have already been completed, including new support beams, stonework, and the installation of a sump pump in the basement. Throughout the first floor, you'll also discover unique artistic carvings and craftsmanship incorporated into the exposed beams, adding character and charm. With plenty of potential and room to make it your own, this is a property worth exploring. Please note that the home will not qualify for FHA or VA financing.

Listed by Linda Larrivee of RE/MAX Northern Edge

MLS Number 5114282

• Multifamily
• PricePerSqFt 66.41
• Address 1023 Main Street
• Units 2
• Bathroom 3

If you're looking for a property that puts you close to everything Berlin has to offer, this two-unit multifamily is worth a look! Located right next to Heritage Park, you'll be just steps away from popular events like the annual ATV Festival and RiverFire. For ATV enthusiasts, the location is especially convenient, with direct access to ATV-permitted roads so you can head out riding without having to trailer your machines. The property also offers off-street parking and an unfinished two-stall garage with plenty of potential for storage or workshop space. Both units are currently vacant, giving the next owner the option to occupy one unit and rent the other or use both as investment properties. System 2000 heating system has two separate zones with a shared oil tank. Many updates have already been completed, with some cosmetic work left to finish things off. Whether you're looking for a place to call home, a weekend getaway, or an investment property, this is a great opportunity to own a piece of Berlin in a convenient location.

Listed by Cassandra Cordeiro of A House To Home Realty

MLS Number 5103182

• Multifamily
• PricePerSqFt 96.83
• Address 137 Maple Street
• Units 2
• Bathroom 2

Excellent investment opportunity in a convenient Rutland City location! This duplex features two spacious units, each offering 2 bedrooms and 1 full bathroom, making it an attractive addition to any investment portfolio. Both apartments are occupied by long-standing tenants who have provided stable rental history, while current rents remain well below market value, offering significant upside potential for future income growth. Situated just minutes from downtown Rutland, shopping, restaurants, schools, and everyday amenities, the property offers the convenience tenants are looking for. Whether you're an experienced investor seeking to increase cash flow over time or someone looking to add a solid multifamily property to your portfolio, this duplex presents an excellent opportunity with built-in value-add potential.

Listed by Betsy Adamovich of Real Broker LLC

MLS Number 5094105

• Multifamily
• PricePerSqFt 119.57
• Address 78 7th Street
• Units 2
• Acreage 0.31

Excellent opportunity to own a well-maintained two-unit property! The first-floor unit is currently vacant, making this an ideal owner-occupied investment. Live in one unit while the rental income from the second-floor apartment helps offset your mortgage payment. Both one-bedroom units feature enclosed porches, providing additional living space to relax and enjoy. The property offers a large yard and an oversized driveway with plenty of parking for tenants and guests alike. Recent updates include a Rinnai heating system that is only six years old and two electric hot water tanks that are less than one year old, offering added peace of mind for years to come. Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this versatile two-unit home is one you won't want to miss!

Listed by Jennifer Stewart of RE/MAX Northern Edge Realty LLC

MLS Number 5102073

• Multifamily
• PricePerSqFt 123.46
• Units 4
• Acreage 0.11
• Square Feet 1,296

Investment opportunity - 2 buildings - one lot! Live in one unit in 2 family home, rent the other, while rehabbing the other building. 2 family home has been remodeled and each tenant pays their own heat and hot water. Front building has electric roughed in and rehab has only begun, bring your ideas and your tool belt to complete the other building.

Listed by Janet Nickerson of A House To Home Realty

MLS Number 5099725

• Multifamily
• PricePerSqFt 76.35
• Address 34 Willey Street
• Units 2
• Bathroom 3

The hard part is already underway. Now it's your chance to bring the vision to life. This side-by-side duplex is more than a renovation project. It's an opportunity to create long-term value with many of the major updates already in place. A newer roof, updated electrical, replacement windows, and significant renovation progress mean you can spend less time tackling expensive infrastructure and more time finishing the details that add equity. Inside, you'll find the character and flexibility that make older Vermont homes worth the effort, with spaces ready to be transformed into attractive rental units or a profitable resale. The sale also includes a collection of remaining renovation materials, including new toilets, hot water heaters, and additional supplies, helping reduce your out-of-pocket costs and keep your project moving. Whether you're looking for your next investment property, a duplex to generate rental income, or a value-add opportunity to renovate and sell, this property offers plenty of upside for buyers willing to finish what's already been started. Bring your contractor, your ideas, and your imagination. The foundation for a rewarding project is already here. Now it's time to unlock its full potential.

Listed by Joshua Gosselin of Heney Realtors - Element Real Estate (Barre)

MLS Number 5089972

• Multifamily
• PricePerSqFt 81.34
• Address 520 Champlain Street
• Units 2
• Acreage 0.11

This conveniently located two-family building is situated in close proximity to downtown Berlin, direct ATV trail access from the roads, nearby snowmachine trails, Sinibaldi's restaurant and more. Both units are currently rented with long term tenants. A potential great investment, there are numerous possibilities with this place!

Listed by Jeffrey Gagnon of Badger Peabody & Smith Realty

MLS Number 5099038

• Multifamily
• PricePerSqFt 52.85
• Address 6 Mill Street
• Units 2
• Acreage 0.26

Bring your vision and unlock the potential of this classic village property, ideally located on a quiet cul-de-sac within walking distance of Ludlow's restaurants, shops, parks, and year-round community events. Offering a 4-bedroom wastewater allocation, four bathrooms, and a top-floor apartment with its own private fire escape, this versatile property presents a variety of possibilities for residential, investment, or mixed-use living (subject to applicable approvals). The building is fully sprinklered and features handicap-accessible ramps, with a flexible floor plan that can easily adapt to a range of needs. The property previously experienced flooding, and portions of the lower-level walls have been removed as part of the remediation process, providing a head start for future renovations. At the end of the cul-de-sac, a pedestrian bridge crosses the Black River, adding to the neighborhood's charm and convenience. Outdoor recreation is just minutes away, with Okemo Mountain Resort less than two miles from the property and mountain biking trails approximately one-half mile away. With its prime village location, generous layout, and tremendous potential, this is an excellent opportunity for buyers ready to restore and reimagine a well-located property. Being sold "as is". Visit the Okemo real estate community today. Taxes are based on town assessment.

Listed by Kevin Barnes of William Raveis Real Estate Vermont Properties

MLS Number 5110903

• Multifamily
• PricePerSqFt 32.23
• Address 277 Summer Street
• Units 6
• Bathroom 5

This stately Victorian offers a compelling opportunity for investors or developers looking to complete and capitalize on a thoughtfully reconfigured multi-family project. Rich with original craftsmanship, the home still showcases the hallmarks of its era: tall ceilings, detailed woodwork, built-ins, and an overall sense of scale and presence that newer construction rarely replicates. A wraparound front porch further enhances its architectural appeal and curb presence. Formerly configured as four units, the property has since been approved and partially converted into a six-unit apartment building. The proposed layout includes a three-bedroom unit, a two-bedroom unit, and four one-bedroom units, creating a balanced mix well suited to the local rental market. Once completed, the projected gross monthly income is estimated between $7,500 and $8,000, making this an attractive option for those seeking long-term passive income. Significant structural improvements have already been completed, and the interior has been taken back to the studs, providing a clean slate for the next phase of work. Updated mechanicals are underway, including a high-efficiency propane heating and hot water system designed to serve the building efficiently. Electrical infrastructure is in place to support individual metering for each unit, along with a common meter. Situated on a corner lot, the property benefits from more parking than typically expected for a building of this vintage. With the heavy lifting already done, what remains is finishing the mechanicals, closing the building back up, and bringing the units online. For the right buyer, this is a rare chance to complete a classic Victorian conversion and turn it into a strong-performing income property.

Listed by Adam Cross of Flex Realty

MLS Number 5100558

• Multifamily
• PricePerSqFt 52.67
• Units 3
• Bathroom 3
• Acreage 0.35

Conveniently located in Lyndon Center, just a short walk from the Lyndon Institute campus, this 3-unit building is a great opportunity for the right buyer who's able to take on a work in progress. Two of the units are occupied and demo is partially complete on the third. One apartment is functional, and occupied but still needs interior finishes completed. There are truly separate utilities with recently replaced LP furnaces and hot water heaters for each apartment. The house has a 400 amp main service with meters to each unit. Lots of work has been done upgrading the insulation and adding structural supports in the basement. Build wealth with sweat equity. 48hrs notice for showings.

Listed by Scott DesJardins of Better Real Estate LLP

MLS Number 5102790

• Multifamily
• PricePerSqFt 126.57
• Address 5 Wight Street
• Units 2
• Acreage 0.03

Great 2 unit building, in town, with long term tenants, one unit has been completely remodeled. Both tenants pay their own heat, hot water, and electric. There are coin operated laundry units for use by both tenants, on site.

Listed by Janet Nickerson of A House To Home Realty