Andover VT Mult-Family Real Estate

MLS Number 5094424

• Multifamily
• PricePerSqFt 332.9
• Address 214-216 Pine Street
• Units 3
• Bathroom 3

Exceptional investment opportunity in one of Burlington's most desirable locations! This well-maintained triplex is just a few blocks from downtown, Church Street Marketplace, the Lake Champlain waterfront, and the vibrant South End Arts District. The property offers three 2-bedroom, 1-bathroom apartments for a total of 6 bedrooms and 3 bathrooms. The rear townhouse-style apartment (Unit C) was extensively remodeled in Spring 2026 with a brand-new kitchen, new flooring, and fresh paint, plus it is currently vacant - making it an ideal option for an owner-occupant or an investor seeking market-rate rent. Unit B has also been updated in recent years, while Units A and B are fully rented. With projected rental income for Unit C, the property offers an attractive 8.36% cap rate. Additional features include separate utilities, one off-street parking space, and ample bike storage. Whether you're a seasoned investor looking to expand your portfolio, a first-time landlord, or a buyer seeking to offset ownership costs by living in one unit while collecting rental income from the others, this property offers flexibility, strong income potential, and an unbeatable Burlington location close to restaurants, shopping, parks, entertainment, and more.

Listed by Lipkin Audette Team of Coldwell Banker Hickok and Boardman

MLS Number 5116808

• Multifamily Multi-Family
• PricePerSqFt 244.16
• Address 287 Rowley Lane
• Units 2
• Acreage 21.8

A Rare Country Estate - A Truly Unique Opportunity! Discover the possibilities with the property offering a main residence, a separate guest house, and 21 +- acres of beautiful open fields. A long private driveway welcomes you to this peaceful country setting, providing a sense of seclusion, privacy, and endless potential. Each unit offers 3 bedrooms .Please do not disturb the occupants. Property is being sold with occupants.

Listed by April Shepard of Twin State Realty LLC

MLS Number 5104065

• Multifamily
• PricePerSqFt 86.11
• Address 395 Main Street
• Units 6
• Bathroom 6

This well-maintained 6-unit apartment building offers a fantastic combination of location, income potential, and character. Ideally situated close to local shops, dining, bars, biking trails, and other area amenities, this large property provides convenient access to everything Lyndonville and area towns have to offer. The property features a new roof, ample storage space, and six covered porches, one for each unit, adding valuable outdoor living space and charm. The unit mix includes one 3-bedroom/1-bath, three 2-bedroom/1-bath, and two 1-bedroom/1-bath apartments, offering a diverse mix for tenants. Numerous updates have been completed along the way, and the building has been thoughtfully cared for over the years. Whether you're looking to expand your investment portfolio or take advantage of strong rental income potential, this well-kept multi-family property is worth a look!

Listed by Rachel Riendeau of Century 21 Farm & Forest/Burke

MLS Number 5114050

• Multifamily
• PricePerSqFt 204.51
• Address 49 Keene Road
• Units 2
• Bathroom 4

INCENTIVE ALERT: Seller offering a $15,000 credit at closing to fund a buyer interest rate buy-down! Slash your monthly payment by nearly $600/mo in Year 1 on this brand-new build. Brand New Townhouse duplex! Turn-key, side-by-side design featuring mirror-image 3-bedroom, 1.5-bathroom units. Ideal for a traditional investor seeking immediate cash flow or an owner-occupant looking to sharply cut their living costs. • Premium Rental Potential: Estimated market rent of $2,400-$2,500 per side ($4,800-$5,000 total gross monthly income). • Massive Overhead Savings: Fully separate electric, gas, and water meters already installed for each unit to keep landlord expenses minimal. • Zero Deferred Maintenance: Brand-new systems, roofs, and appliances mean no expensive capital repairs for years to come. • The Layouts: Bright, modern, open concepts, stunning kitchens, durable LVP floors and massive full basements. Investors: Set your own market rents on Day 1 with a completely empty, zero-headache asset. House-Hackers: Live in one side and let the second unit cut your monthly housing payment in half while you build equity in a brand-new building. High-quality new multifamily construction is a rarity for this area. Schedule your private tour today!

Listed by Emily Lagerberg of R.H. Thackston & Company

MLS Number 5073010

• Multifamily
• PricePerSqFt 164.12
• Address 36 Spring Street
• Units 3
• Bathroom 5

Large multifamily home offering a total of 7 bedrooms, ideal for investors or multi-generational families seeking space and flexibility. The spacious 4-bedroom unit features an updated kitchen with modern finishes and hardwood floors throughout, providing both comfort and durability. Generous room sizes and functional layouts allow for privacy while still keeping everyone under one roof. This property offers strong income potential for investors or the option to accommodate extended family living with separate units. A versatile home with long-term value!

Listed by Nicholas Shepherd and Shelbie Shepherd of C.G. Shepherd Realty,LLC

MLS Number 5086594

• Multifamily
• PricePerSqFt 44.28
• Units 12
• Acreage 0.74
• Square Feet 13,096

Set in the heart of Richford, this well-known property-formerly recognized as The Crossing and now operating as Mokah's Pub & Restaurant-offers a rare opportunity to step into a fully functional hospitality business with substantial upside. The property features an established restaurant and bar with a 9-foot hood system, a recently updated glycol beverage system, and multiple service areas including three bars to accommodate a range of operations. The layout lends itself well to both day-to-day dining and larger-scale events. A standout feature is the expansive banquet hall, offering over 5,000 square feet of flexible space and seating for 200+ guests. With updated tile flooring and ample room for weddings, community events, and private functions, this space presents significant income potential for an owner looking to expand event-based business. In addition to the restaurant, the property includes on-site lodging with seven hotel-style rooms and four separate motel units located across the road-ideal for guests, extended stays, or additional revenue streams. Recent improvements include a newly installed sprinkler system, updated hot water tanks, new siding, and various interior updates throughout the property. While there is still room for cosmetic updates and personalization, the foundational elements are in place for a new owner to build upon and bring their vision to life. With its established presence, multiple income avenues, and strong bones, this is a versatile property suited for an owner-operator or investor looking to revitalize and grow a destination in northern Vermont.

Listed by The Paul Martin Team and Paul Martin of M Realty