Andover VT Mult-Family Real Estate

MLS Number 5102527

• Multifamily
• Address 2 & 4 First Street
• Units 4
• Acreage 0.23
• Square Feet 5,132

2 adjoining properties offered together See MLS #5102044 & 5099911. Exceptionally improved and meticulously maintained multi-family investment property presents a rare opportunity for both investors and owner-occupants. Previously builder-owned and occupied, the property reflects quality construction, thoughtful design, and pride of ownership throughout. Currently configured with three town-approved residential units, the property also includes additional finished space that offers excellent upside potential. With town approval, this space could become a fourth unit or be incorporated into the existing third unit, creating added value with minimal investment. One unit has recently been vacated and is ready for cosmetic updates, while the remaining units are in excellent condition and have been exceptionally well maintained. A newer, high-efficiency pellet boiler integrated with an oil-fired backup heating system provides flexible multi-fuel operation, increased reliability, and impressively low operating costs. Spacious apartments feature beautiful hardwood floors, generous storage, and desirable amenities including private decks, patios, and unique architectural details that enhance tenant appeal. Whether you're seeking a quality owner-occupied property 2nd property: Incredible opportunity with outstanding potential! Situated on a large, level lot, this solid, well-constructed building offers exceptional flexibility for a variety of uses. The main level features two spacious rooms and a fully ADA-accessible bathroom, providing an ideal layout for professional office, retail, studio, or service-based businesses. With town approval, the property also presents an excellent opportunity for conversion to a residential dwelling or live/work space. Endless possibilities make this offering for investors, entrepreneurs, or those looking to create a unique residential property. Bring your vision and unlock the potential of this versatile property!

Listed by Ryan Goodell of EXP Realty

MLS Number 5105550

• Multifamily
• Address 142 Madison Street
• Units 3
• Bathroom 3
• Acreage 0.16

Bring your buyers! 142 Madison St offers a well-maintained 3-family property with a combination of current rental income, future upside, and excellent owner-occupant potential. Each unit offers 3 bedrooms, and tenants pay all utilities. The current rents are below market, creating an opportunity for a new owner to increase rental income as there will be 2 vacant units and no lease on the third. One unit is currently vacant, and another is expected to be vacant September 1, giving an owner-occupant flexibility to move in while continuing to generate rental income from the remaining units. For buyers looking to house-hack, this property is worth a close look. Live in one unit and rent the others, allowing your tenants to help pay the mortgage. Three-bedroom units in the area may support rents in the range of $1,800-$2,200 per month, offering potential for increased cash flow over time. For investors, the property offers an opportunity to acquire a multi-family with below-market rents and room for growth, while Fitchburg continues to see revitalization and investment. The location is convenient to Fitchburg State University, shopping, schools, restaurants, transportation, and other amenities, making it attractive to both renters and owner-occupants. This is a solid opportunity for an investor, first-time buyer, or owner-occupant looking for income-producing real estate with upside. Agents! Bring your buyers and take a closer look at the numbers and potential this property offers! *Buyer and buyer's agent to verify all information, including rents, expenses, zoning, permitted use, and potential rental rates.

Listed by Rosemarie Ledogar of RD Ledogar Real Estate

MLS Number 5108876

• Multifamily
• Address 52 Amherst Street
• Units 3
• Bathroom 3
• Acreage 0.18

Opportunity awaits at 52 Amherst Street! This three-unit property features one spacious four-bedroom unit and two one-bedroom units, each with a full bath. Conveniently located near downtown and Holman Stadium, it offers excellent potential for an owner-occupant looking to offset their mortgage or an investor seeking a value add opportunity. With some updating and personal touches, this property has plenty of potential to build equity and increase rental income.

Listed by Dean Deschenes of Arris Realty

MLS Number 5097340

• Multifamily
• Address 200 Berlin Road
• Units 5
• Bathroom 5
• Acreage 16.91

**NEW PRICE!** Now offered with an additional **14-acre abutting parcel** for a total of nearly **17 acres**. **Motivated seller!** Exceptional investment opportunity in the heart of the Great North Woods! This turnkey vacation rental property features a spacious 4-bedroom home, a 1-bedroom cottage, two 1-bedroom container cabins, and one 2-bedroom container cabin, offering multiple income-producing rentals with a proven short-term rental history, excellent VRBO and Airbnb reviews, and strong occupancy. Situated on 2.91 acres and being sold with the adjoining 14-acre parcel, this property provides nearly 17 acres with outstanding expansion potential. The additional parcel offers spectacular mountain views and an exceptional homesite. Enjoy direct snowmobile and ATV trail access while being just ½ mile from downtown Errol, LL Cote's Sporting Goods & Convenience Store, local restaurants, and the Androscoggin River. Umbagog Lake and Dixville Notch are only minutes away, making this a premier four-season destination. The property is being sold fully furnished, including dcor, bedding, dishes, utensils, outdoor furniture, and most everything needed to continue operating immediately. Live in one unit and rent the others, or maximize income by operating the entire property as a vacation rental. **Property may be occupied by vacation rental guests. Showings are scheduled around vacancies or between guest stays whenever possible.** With a newly reduced price, additional acreage, breathtaking views, direct trail access, and proven rental income, this is a rare turnkey investment opportunity you won't want to miss!

Listed by Mark Dickson of White Moose Realty

MLS Number 5094424

• Multifamily
• Address 214-216 Pine Street
• Units 3
• Bathroom 3
• Acreage 0.04

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 7.9% 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 5105165

• Multifamily
• Address 339 Chestnut Street
• Units 4
• Bathroom 4
• Acreage 0.26

Well-maintained four-unit multifamily property offering a blend of classic New England charm and thoughtful updates. Most units feature exposed beams, adding warmth and character throughout. Units 2 and 3 have been tastefully renovated, while Units 1 and 4 feature custom woodwork, appealing to those who appreciate timeless craftsmanship. The property includes an oversized garage with five under-building spaces, plus a detached garage (23'x28' +/-) with two additional bays, ideal for parking, storage, or potential additional income opportunities. Two units are currently occupied by long-term tenants, providing stable rental income. Perfect for owner-occupants or investors seeking immediate cash flow. A rare opportunity to own a versatile, income-generating property with both charm and upside potential. Studio apartment not included in total bedroom count. Two front units side-by-side. Two rear units stacked.

Listed by Jennifer Farnsworth of Barrett Sotheby's Int'l Realty

MLS Number 5108150

• Multifamily
• Address 12-14 West Street
• Units 3
• Bathroom 3
• Acreage 0.15

Opportunity to own a fully leased, turnkey three-family investment property in a highly convenient Concord location. Each of the three units has been thoughtfully updated, offering a new owner the opportunity to step in and begin collecting rental income immediately. Recent improvements include new quartz countertops in all three units, new vinyl plank flooring, new carpeting, newly refinished hardwood floors, all new appliances, and new windows throughout. Two of the three units also feature new kitchen cabinets. The property is fully leased with new 12-month leases in place, providing immediate income and stability for the next owner. Tenants are responsible for their own electric, while the landlord pays for heat and hot water. Located in Concord's Urban Commercial District, the property is just one block from South Main Street, offering convenient access to downtown amenities, restaurants, shops, employment centers, and transportation. The property has been completely updated and positioned for its next owner, with the major improvements already completed and tenants in place. Whether you're an experienced investor looking to expand your portfolio or a first-time multifamily investor, 12-14 West Street offers a strong combination of location, updated units, and immediate rental income.

Listed by Casey Purinton of BHHS Verani Concord

MLS Number 5096703

• Multifamily
• Address 10 Sullivan Avenue
• Units 2
• Bathroom 2
• Acreage 2

Just minutes from Tuscan Village, this two-family property in Salem sits on a full 2 acres and offers over 2,000 square feet of living space across two residential units. This is a great investment opportunity with built in income to offset your mortgage by renting out one unit and living in the other. Each unit includes 2 bedrooms and 1 bathroom, with a layout that provides flexibility for a range of ownership needs in a highly accessible location. A spacious detached garage provides additional space for parking, storage, or hobbies. Route 28, I-93, shopping, dining, and everyday conveniences are all within easy reach, placing the property in a well connected part of town while still maintaining separation from heavier commercial activity. The lot provides open space and privacy rarely found this close to Salem's growing commercial and retail districts, offering room for outdoor use while maintaining a residential setting. Multi-family properties with this combination of acreage, location, and accessibility are increasingly difficult to find. Whether owner-occupied or added to a real estate portfolio, this property presents a unique opportunity and has strong income potential in one of Salem's most desirable areas. Sale is subject to Seller's securing suitable housing. 24 hour notice required for showings.

Listed by Louden Dennis of Today Real Estate

MLS Number 5107716

• Multifamily
• Units 5
• Acreage 0.43
• Square Feet 4,572
• Area VT-Bennington

An excellent opportunity to acquire two properties as one versatile investment package: a 4-unit multifamily building and a charming standalone 2-bedroom farmhouse. The multifamily property offers a desirable unit mix, including two 2-bedroom, 1-bath apartments, one spacious 3-bedroom, 1-bath apartment, and one 1-bedroom, 1-bath unit, providing multiple income streams and broad tenant appeal. The neighboring 2-bedroom, 2-bath farmhouse adds even more flexibility and could serve as an additional rental, an owner-occupied residence, or housing for an on-site property manager. Once home to the local post office, the farmhouse is full of Vermont character and features a beautifully remodeled bathroom along with a new heating and hot water system installed in 2026. Conveniently located in Shaftsbury with easy access to both Bennington and Manchester, this unique package presents an appealing opportunity for investors looking to expand their portfolio or offset expenses through owner occupancy. 3D Virtual Tours Available Upon Request.

Listed by The Nancy Jenkins Team of Nancy Jenkins Real Estate