Andover VT Mult-Family Real Estate

MLS Number 5111226

• Multifamily
• PricePerSqFt 338.41
• Address 28 Pine Colony Road
• Units 2
• Acreage 0.76

Single family, multifamily, Air B & B or an Inn....this property could be ANYTHING you want it to be! Perfectly positioned on the most desirable stretch of Webster Lake, this property could be your own, use the "Inn Keepers apartment" as a two-bedroom, one bath, in-law or extra income, or make a sprawling compound for visitors to enjoy! Breathtaking, unobstructed year-round views unlike any other on the lake! Relax outdoors by the water or curl up with a book in the sunroom that overlooks the beauty. This home offers a front-row seat to all Webster Lake has to offer in every season. Space GALORE on the first floor, which boasts 2 bedrooms, an apartment...which used to be the former inn-keeper's quarters, a game room, family room, laundry room, multiple bathrooms and sunroom, as well as a gorgeous living room with cathedral ceilings. Upstairs, you'll find 5 bedrooms and 3 bathrooms! Make it your personal retreat or continue the tradition of sharing this one-of-a-kind getaway with vacationers! Schedule a showing today!

Listed by Dawn Smith of 603 Birch Realty,LLC

MLS Number 5113508

• Multifamily
• PricePerSqFt 375.35
• Units 10
• Bathroom 8
• Acreage 0.27

TWO well-located, iconic, Burlington investment properties that combined, house 10 updated apartments. Featuring a desirable mix of studio, one-bedroom, and two-bedroom units. Both buildings have had many recent capital improvements, including updated kitchens and bathrooms, electrical, heating systems, and hot water heaters. Additional amenities include on-site storage, washer/dryer facilities, and off-street parking. Hardwood floors and fresh paint create clean, comfortable living spaces that are attractive to today's renters. The combination of abutting properties in a strong Burlington location, varied unit mix, updated interiors, recent building improvements, and convenient amenities provides investors with a well-rounded and high-performing Burlington multi-family opportunity.

Listed by Lipkin Audette Team of Coldwell Banker Hickok and Boardman

MLS Number 5071105

• Multifamily
• PricePerSqFt 239.68
• Units 8
• Bathroom 7
• Acreage 0.43

Perfect high visibility retail/office location. See attached pro forma. All residential units are rented. Enjoy a 7.6% cap rate and well maintained buildings. This rare offering features 10 bedrooms over six residential units and two commercial units, providing an exceptional opportunity for both investors and owner-users. Rental Fire Safety inspections have been completed, and the property is positioned for a business owner seeking a highly visible location w/ excellent signage, strong traffic counts, and easy self-management. The property consists of two buildings: a 3,458 SF brick building containing four apartments, and a 4,672 SF wood-frame building that includes two upstairs apartments and two first-floor commercial spaces with full heated basement and additional garage door access. The commercial area is currently divided into multiple offices but can be easily opened up to create a showroom-style layout. The lot offers 148 feet of frontage on Shelburne Road and 128 feet of depth on Brewer Parkway. This investment package includes some vacancy that makes it particularly attractive for an owner-user who can occupy approximately 2,334 SF of commercial space while collecting rent from the six residential units. Onsite parking, excellent visibility with 30,000 CPD, strong curb appeal,signalized intersection. partner in seller group holds a broker License

Listed by Paul Cannizzaro of Cannizzaro Real Estate

MLS Number 5097914

• Multifamily
• PricePerSqFt 176.07
• Address 7 Wallace Street
• Units 5
• Bathroom 4

A rare downtown Rochester assemblage totaling 2.11± acres across two contiguous parcels (7 Wallace Street and 9, 10, 12 Hoyt Court). The portfolio includes 5 structures with approximately 10,763 SF of mixed residential, office, and industrial space, generating approximately $132,000 in gross annual income. The combined 2024 assessed value is $1,209,400. Located in the Downtown/Commercial zone with access to municipal water and sewer. Adjacent to City-owned land at 10 Wallace Street (~0.71 ac), creating potential assemblage of ~2.82± acres. Well-suited for continued income-producing use or redevelopment as senior housing, workforce multifamily, or mixed-use. Identified interest from private developers and the City of Rochester.

Listed by Deana Arden of NAI Norwood Group, Jessie Gilton of NAI Norwood Group

MLS Number 5110851

• Multifamily
• PricePerSqFt 139.17
• Village Penacook
• Address 24-32 Summer Street
• Units 11

This portfolio presents an opportunity to acquire two adjacent multifamily properties in the village of Penacook offering scale, flexibility, and immediate upside in a tight Concord-area rental market. 24-26 Summer Street is comprised of five units with a mix of 2BRs and 3BRs, each with separately metered utilities, off-street parking, in-unit laundry, and several long-term tenants. 30-32 Summer Street is comprised of six units, also with a mix of 2BRs and 3BRs, and each with separately metered utilities and a huge lot for off-street parking. Both buildings have large units as well as additional unfinished space within each building providing a new owner with an opportunity to generate additional income by building storage lockers, a laundry room, or even additional apartments subject to city approvals. Buildings have a mix of long-term, below-market rentals as well as recently leased, near-market units giving a blend for a new owner to collect stable income while making modest improvements during natural unit turnover. This portfolio presents an opportunity for an investor to acquire two buildings in the City of Concord but benefit from the more rural surroundings and supply constrained market of Penacook Village.

Listed by Matthew Lefebvre of Downtown Realty

MLS Number 5089258

• Multifamily
• PricePerSqFt 441.18
• Address 26 Pine Rock Road
• Units 2
• Bathroom 4

ARE YOU COMING TO THE COTTAGE THIS SUMMER? A RARE LAKESIDE COMPOUND WITH INCOME AND LEGACY POTENTIAL! Blending nostalgia, new construction and future potential, this offering is truly one of a kind. Set along the shores of pristine Franklin Pierce Lake, known for clear waters, warm water fishery and year round recreation, this property presents a unique combination of charming vintage cottage, a newly constructed duplex and a generously sized buildable lot. As you arrive, an expansive cleared parcel unfolds, revealing a prime canvas for custom home or additional income-producing structure. The gentle rise of the land allows for thoughtful positioning to maximize views and long-term value. Further along, the newly built duplex showcases crisp navy siding and a welcoming covered porch. Each residence includes a two-car garage with direct entry and interiors designed for modern living. Luxury vinyl flooring, fresh finishes and soaring ceilings create bright, open spaces. The main level seamlessly connects living, dining and kitchen areas where quartz surfaces, white cabinetry and stainless appliances elevate the everyday. Head out to the covered composite deck with morning coffee or evening drinks as you relax and take in colorful sunset skies. Upstairs, primary suites capture elevated water views each boasting a balcony, ensuite bath and generous walk-in closet. Three additional bedrooms filled with natural light assure that there is flexibility for guests, extended stays or rental use. At the water's edge, an original shingled cottage rests on a grassy knoll and is rich with character and history. Mature trees offer natural shade while the shoreline invites days spent boating, fishing and swimming with winter bringing ice fishing and quiet seasonal beauty. Restore, reimagine or utilize as an income producing retreat. A legacy setting. A strategic investment. A place where past, present and future converge! AN EXTRAORDINARY OPPORTUNITY WITH UNMATCHED VERSATILITY!

Listed by Fine Homes Group International and Michele Wright of Keller Williams Realty-Metropolitan

MLS Number 5093247

• Multifamily
• PricePerSqFt 193.37
• Address 8-10 Arch Street
• Units 14
• Acreage 0.34

MAJOR PRICE REDUCTION -EXCEPTIONAL INVESTMENT OPPORTUNITY WITH TREMENDOUS UPSIDE POTENTIAL! An outstanding opportunity for investors seeking immediate rental income, multiple additional revenue streams, and future development possibilities! This unique offering includes a 14-unit apartment building with large walk-up attic for future units/tenant storage, an expansive two-story detached barn/garage, and a separate vacant buildable lot! The residential building features generously sized units consisting of thirteen 2-bedroom apartments and one spacious 1-bedroom apartment. With remodeled units, investors can benefit from substantial improvements while still having excellent opportunities for additional value-add enhancements and increased income potential. Some property upgrades include newer circuit breaker panels and individual Rinnai wall furnaces in each unit. The expansive walk-out lower level offers even more possibilities, including space for future coin-operated laundry, tenant storage, and workshop/garage areas. THE DETACHED BARN/GARAGE IS A MAJOR HIGHLIGHT! This impressive two-story structure features SIX individual garage bays on the upper level, each approximately 18' x 10', plus an enormous 61' x 25' lower-level garage/storage area with convenient drive-in access! Currently vacant, these spaces offer exceptional possibilities for garage rentals, vehicle storage, contractor storage, workshop space, or other income-producing uses. ANOTHER HUGE BONUS - A SEPARATE VACANT BUILDABLE LOT! Explore the possibilities for future development, expanded parking, additional storage, or other uses that could further enhance the property's overall value (subject to applicable approvals). With 14 income-producing apartments, substantial unused garage space, additional basement opportunities, and a separate buildable lot, this property offers a rare combination of established income and multiple avenues for future growth.

Listed by Trish Marchetti of BerkshireHathaway HomeServices Commonwealth R.E

MLS Number 5102862

• Multifamily
• PricePerSqFt 198.84
• Address 524 Sunapee Street
• Units 12
• Acreage 0.31

Introducing Newport Heights; a 12-unit multifamily investment property located near the border of Newport and Sunapee. Offered individually for sale at $1,675,000, this well-maintained apartment building features a diversified unit mix of one-bedroom, oversized one-bedroom, and two-bedroom apartments, providing broad tenant appeal and stable occupancy potential within the greater Newport market. The building has undergone significant capital improvements, including renovations of all residential units and common areas, a roof replacement, electrical service and panel upgrades, plumbing improvements, and the installation of electronic locks on unit doors. Minimal near-term capital expenditure remain for future ownership allowing for a turnkey, multifamily investment. The heating system consists of an efficient, Buderus-brand oil-fueled forced hot water boiler providing individually zoned baseboard heat throughout the building. Newport Heights benefits from functional on-site amenities, including one off-street parking space per unit and a coin-operated laundry facility that provides supplemental income. The basement also contains additional space that could be converted into tenant storage lockers, creating an opportunity for future ancillary revenue. With its recent renovations, efficient unit mix, and potential for additional income streams, Newport Heights represents a stabilized multifamily investment opportunity with operational upside in a growing Sullivan County market. Broker Interest. Financials available upon execution of NDA.

Listed by Matthew Lefebvre of Downtown Realty

MLS Number 5105141

• Multifamily
• PricePerSqFt 227.71
• Address 305-309 Cedar Street
• Units 9
• Acreage 0.11

Excellent 9-unit multifamily investment opportunity in Manchester consisting entirely of spacious 2- and 3-bedroom apartments. The property generates strong rental income, with current rents averaging approximately $1,900/month for 2-bedroom units and $2,500/month for 3-bedroom units. Several units have recently been turned with modest updates, providing a clean, attractive product while maintaining an opportunity for a new owner to continue improving the property and increasing rents over time. The landlord pays for natural gas heat, hot water, and water/sewer. The property is heated by a natural gas boiler, which also provides hot water to three units, while the remaining six units are served by three electric water heaters. Tenants are responsible for their own electricity. The property offers approximately five off-street parking spaces, with additional street parking available in the surrounding neighborhood. Pro forma rents are approximately $229K/year, with pro forma NOI of approximately $149K/year, representing an 8.3% cap rate at the asking price. This is a strong opportunity to acquire a well-located, income-producing multifamily property with a solid unit mix, strong rental income, and additional long-term upside.

Listed by Nick Gray of Gray Property Group,LLC

MLS Number 5089323

• Multifamily
• PricePerSqFt 284.58
• Units 7
• Bathroom 13
• Acreage 0.53

Opportunity awaits with this unique 7-unit investment property in the heart of Burlington. Situated directly across from beautiful Ethan Allen Park, thisrare offering includes six townhouse-style apartment units plus a separate single-family home, creating strong income potential and flexible rental opportunities. Four ofthe units have recently been extensively updated, including new flooring, new kitchens and new paint over the past several years.The expansive parking area providesample off-street parking for tenants and guests alike. Tenants will love the unbeatable location with nature, recreation, and convenience all at their doorstep. Enjoyimmediate access to walking trails, scenic overlooks, playgrounds, and green space at Ethan Allen Park, while still being just minutes from downtown Burlington, theUniversity of Vermont, University of Vermont Medical Center, local restaurants, shopping, breweries, and the Burlington Bike Path along Lake Champlain. Easy access tomajor roadways and public transportation adds even more appeal for long-term tenants. Whether you're looking to expand your portfolio or invest in one of Burlington'smost desirable locations, this property offers exceptional potential in a highly sought-after setting. The property is in the Neighborhood Activity Center Zoning Districtwhich offers even further redevelopment potential, reach out for more specific details!

Listed by Kassian Prior of KW Vermont

MLS Number 5110186

• Multifamily
• PricePerSqFt 348.64
• Units 8
• Acreage 0.26
• Square Feet 4,704

Investment property portfolio package consisting of 2 properties / 8 units combined. Can be sold separately or as full complete portfolio. Buildings consist of a commercial 5 unit income property (146 Lowell St / commercial), see MLS#5109978. (1) 3 unit triple decker (371 Spruce St) see MLS#5109977. Excellent portfolio package consisting of 8 income unit. 3 offices, 1 hair salon, 1-1 bedroom unit, 3-3 bedroom units. Outstanding opportunity to acquire multi-income properties, even for the fussiest investor/buyer. Numerous updates to all buildings, long term commercial and residential tenants, tenants pay own utilities. See MLS's for additional pictures and rental income/expenses. Call for private viewing today!

Listed by Kimberly Florence of Coldwell Banker Realty Bedford NH