Andover VT Mult-Family 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 5082090

• Multifamily
• PricePerSqFt 140.55
• Units 6
• Acreage 0.21
• Square Feet 8,500

Well-maintained 6-unit multifamily portfolio located on the East Side of Manchester, consisting of two adjacent 3-unit buildings at 377 and 379 Manchester Street. The portfolio includes six 1-bedroom units, all with functional layouts. Interiors across the units are serviceable and easy to maintain, suited for consistent tenant demand. Each unit is separately metered, with tenants responsible for natural gas (heat) and electricity (hot water, lights, and plugs), helping to keep operating expenses low, while the landlord covers water and sewer. The properties feature approximately 6-7 off-street parking spaces across a contiguous lot, along with additional street parking. Current rents are approximately $1,325-$1,475/month for the 1-bedroom units, generating a combined ~$97K/year in gross income and an estimated ~$63K in net operating income. This portfolio offers investors the ability to acquire scale within a single location, with operational efficiencies, strong in-place income, and long-term upside through rent growth and continued management improvements.

Listed by Nick Gray of Gray Property Group,LLC, Matthew Dennehy of Imperial Properties

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

MLS Number 5112633

• Multifamily
• PricePerSqFt 537.92
• Address 22 Park Street
• Units 5
• Acreage 1.41

A renovated home, a three-unit development opportunity, and an additional single family building lot - all in one remarkable Jericho property! Set on approximately 1.4 acres in Jericho's Village Center, 22 Park Street offers an unusual combination of a beautifully renovated move-in ready 3-bedroom home, a substantial second building with mixed-use potential and zoning to match, and an additional homesite for a future 3-bedroom residence with the infrastructure already in place. The existing home is ready to enjoy, with an updated kitchen and bath, inviting living spaces, and newly installed mini-splits. Next door, a former print shop/apartment presents an opportunity to create something entirely your own. Current plans envision three apartments totaling approximately 3,394 square feet, with a combination of one-, two-, and three-bedroom layouts. The building has been extensively improved, including reframing, new insulation and updated siding. Finish the apartments as planned, explore a residential and business combination, or adapt the space to you! The current owner has also completed significant improvements to the property's infrastructure, including a new septic system designed to serve the existing home, three apartments, and future 3-bedroom residence. Other improvements include: new main water line, new utility pole and main electrical cable. Natural gas is on site, electric is separately metered, and the permitted driveway/road has been curb-cut and completed, providing plenty of parking and access to the additional building opportunity. Imagine living in the existing home while completing the apartments and building your dream home out back. Create an income-producing property, establish a live/work arrangement, or bring together multiple living spaces for a private, multigenerational compound. With a move-in-ready home, substantial improvements already completed, and multiple paths forward, this is a property that invites you to think beyond the ordinary.

Listed by Sandy Palmer of Vermont Real Estate Company

MLS Number 5105774

• Multifamily
• PricePerSqFt 205.25
• Units 5
• Bathroom 6
• Acreage 3

Multi-Unit in East Conway with expansion opportunities. 4 units plus storage/garage space currently occupy the property. The farmhouse contains 3 units and underwent a major renovation in 2020. All units are rented and have separate high efficiency wall mounted boilers & electric meters. Additional work at the time included insulation, new wiring, and plumbing. The 1-unit freestanding cape was built in 2019. Serviced by town water on 3 acres of land, the property has the ability to add additional units. An easy option would be to finish off the garage, and increase the total units to 7. Additional units could be built on the open and level back land. A fantastic investment in tax-friendly New Hampshire.

Listed by Kevin Killourie of Badger Peabody & Smith Realty

MLS Number 5115641

• Multifamily
• PricePerSqFt 290.95
• Address 151 Lantern Lane
• Units 4
• Acreage 0.4

Great investment opportunity at 151 Lantern Lane! This four-unit multi-family property offers the potential to generate rental income and expand your real estate portfolio. With four separate units, the property provides flexibility for investors seeking to establish or grow their rental holdings. Enjoy easy access to public transportation and all that the Upper Valley has to offer, including local shopping, dining, employment centers, and area amenities. Whether you're a seasoned investor or looking to enter the multi-family market, this property offers an opportunity to explore the possibilities of multi-unit ownership in a convenient location.

Listed by Heather Ashline of BHHS Verani Upper Valley

MLS Number 5095423

• Multifamily
• PricePerSqFt 520.83
• Address 3 Harris Avenue
• Units 2
• Bathroom 2

Welcome to 3 Harris Avenue, where one of Hampton's most desirable beachside locations meets the comfort and peace of mind of extensive recent improvements. Perfectly situated just a short walk to Hampton Beach State Park, the iconic boardwalk, Casino Ballroom, local marinas, restaurants, shops, and seasonal attractions, this exceptional property offers WATER VIEWS of the Hampton Harbor in a quiet neighborhood setting. Over the past year, the property has undergone substantial updates and improvements, creating a move-in-ready opportunity. From the major systems and roof to the beautifully refreshed interiors, kitchens, baths, flooring, and appliances, nearly every aspect of the home has been thoughtfully enhanced to provide years of low-maintenance enjoyment.The versatile two-family layout offers exceptional flexibility for owner-occupants, investors, multi-generational living, or those seeking the perfect vacation retreat with income potential. Whether you're looking to offset expenses, accommodate guests, or expand your portfolio, the possibilities are endless. Rarely does a property offer this combination of location, versatility, and quality. At 3 Harris Avenue, you're not simply buying a home, you're embracing a lifestyle defined by sun, sand, entertainment, boating, and everything that makes Hampton Beach one of New England's most cherished coastal destinations. Town records reflect two bedrooms per unit. Buyers are encouraged to perform their own due diligence regarding room counts and intended use. Select photos have been virtually staged or enhanced.

Listed by Marco Day of BHHS Verani Upper Valley

MLS Number 5069085

• Multifamily
• PricePerSqFt 310.6
• Village Wilder
• Address 1 Depot Street
• Units 6

Excellent Upper Valley investment opportunity! This well-maintained six-unit multifamily property features a desirable mix of 3 one-bedroom apartments and 3 two-bedroom apartments, ideally situated in the heart of Wilder. The property sits directly across from the bus stop and offers convenient access to major employers and amenities - just 9 minutes (4.2 miles) from Dartmouth College and 17 minutes (7.1 miles) from Dartmouth Hitchcock Medical Center. Residents enjoy walking access to two nearby parks and a coin-operated laundry on-site. The property includes a rare in-town developable lot, currently partially used for parking, which presents a unique opportunity for future expansion or redevelopment - potentially for additional apartments. The property has seen substantial upgrades, including modernized systems and updates to several units, ensuring continued strong rental performance in a highly sought-after rental market. This is a turnkey, income-producing asset with solid existing cash flow and excellent long-term development potential in a prime Upper Valley location. Listing agent has an ownership interest in the property.

Listed by Loren Wehmeyer of Tesla Realty Group,LLC