Albany VT Mult-Family Real Estate

MLS Number 5086694

• Multifamily
• Address 518 Burgess Street
• Units 3
• Bathroom 3
• Acreage 0.11

Located in close proximity to ATV/Snowmachine trails, public parks, Sinibaldi's restaurant and minutes from downtown, this 3 unit building boasts appeal for both investors and potential owner occupied buyers! This multi family building also provides a newer oil furnace approximately 6 years old, full basement and more. Units 1 and 2 are currently rented. Unit 3 would require a second means of egress to rent out. There are plenty of opportunities for this place! Being sold "as-is"

Listed by Jeffrey Gagnon of Badger Peabody & Smith Realty

MLS Number 5086279

• Multifamily
• Address 457 Hillsboro Street
• Units 3
• Acreage 0.23
• Square Feet 4,000

Good size apartments for this 3 unit building that rests on a .23 acre parcel. This property allows an opportunity to accumulate cash flow as an investor or for someone looking to owner occupy while renting out the other units to help with the mortgage. Great views are one of the positives for this spot as well as it's close proxmity to ATV/Snowmachine trails. Sold "as-is" Can be sold with abutting parcel MLS#5086460

Listed by Jeffrey Gagnon of Badger Peabody & Smith Realty

MLS Number 5078473

• Multifamily
• Address 8 Parsons Street
• Units 6
• Acreage 0.1
• Square Feet 3,929

Endless potential awaits the next owner of this mixed-use opportunity at 8 Parsons St. Whether you're looking to relocate an existing business or bring a new venture to life, this property offers the flexibility to make your vision a reality. The building includes apartment units that could provide additional income-keep them as long-term rentals, live on-site while operating your business, or explore short-term rental possibilities such as Airbnb. The property is in need of significant repairs and a full rehabilitation, making it an ideal project for investors, contractors, or buyers ready to take on a renovation and unlock its true value. With the right vision and updates, this could become a standout property in the area. Conveniently located just seconds from Main Street in a great neighborhood, you'll appreciate the walkable access to local shops, dining, and services. This is a fantastic opportunity for experienced investors or ambitious buyers looking for their next project. *Note: Exterior photos have been AI-enhanced. Interior photos include both original and enhanced versions to help buyers better imagine the property's potential.* Property is being sold **as-is**.

Listed by Whitehill Estates & Homes

MLS Number 5086654

• Multifamily
• Address 277 Summer Street
• Units 6
• Bathroom 5
• Acreage 0.2

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 5078206

• Multifamily
• Address 38 Baxter Street
• Units 2
• Bathroom 2
• Acreage 0.09

Welcome to 38 Baxter - A true duplex in the city of Rutland. Walkable and convenient location. The opportunities are endless with this property whether you choose to owner occupy and have the upstairs tenants offset your mortgage or should an investor wants to rent both out. This property does need some TLC, but you can't beat this price! Call to schedule your private viewing today and come one step closer to expanding your portfolio or finally taking the leap into home ownership.

Listed by Hughes Group Team of Casella Real Estate

MLS Number 5072998

• Multifamily
• Village Rutland
• Address 161 Forest Street
• Units 2
• Acreage 0.19

Great location and great opportunity for income. Some work needs to be done to get the property into tip top shape. Current owner is living in one unit and the other is rented. The garage needs major rehab or demo.

Listed by Ed Savage of Green Mountain Premiere Properties

MLS Number 5099725

• Multifamily
• Address 34 Willey Street
• Units 2
• Bathroom 3
• Acreage 0.25

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 5095110

• Multifamily
• Address 158 Railroad Street
• Units 2
• Acreage 0.43
• Square Feet 3,182

Motivated sellers are offering this in-town duplex with excellent income-producing potential. The first unit features 2 bedrooms and 1 full bath, highlighted by a spacious living room with soaring cathedral ceilings, a cozy pellet stove, and a unique spiral staircase that adds character and charm. The second unit offers 3 bedrooms and 1.5 baths, providing ample living space for tenants or owner-occupants. While the property does need some repairs and updates, including replacement of a portion of the roof, as well as some drywall and flooring work, it presents a great opportunity to build equity and increase value. Situated on a convenient in-town lot close to local amenities, this property is ideal for investors, renovators, or buyers looking to live in one unit while generating rental income from the other. Bring your vision and make the most of this affordable duplex opportunity in Groton.

Listed by April Lane of Century 21 Farm & Forest

MLS Number 5047698

• Multifamily
• Address 60 School Street
• Units 2
• Bathroom 2
• Acreage 0.1

Unlock a rare cash-flowing duplex investment in Plainfield, Vermont with long term tenants already in place for each unit and immediate income potential. Photos show one unit vacant. This well-maintained multi-family property presents an exceptional opportunity for investors seeking strong returns in the Vermont rental market, or for owner-occupants looking to offset a majority of their mortgage while building long-term wealth through real estate.The building features two spacious 2-bedroom, 1-bath apartments in an efficient upstairs/downstairs layout. Each unit offers a comfortable and functional floor plan with generous natural light, warm wood trim, large eat-in kitchens, and spacious living areas. The primary bedrooms include oversized closets with built-in shelving, providing excellent storage for tenants. Both apartments enjoy private balconies overlooking the scenic Winooski River and surrounding greenery, adding desirable outdoor space and attractive views. Flood insurance annual premium currently paid is $2530. One of the most compelling aspects of this property is its stable income stream, with long-term tenants already in place, offering consistency and likely reduced turnover for the next owner. With a projected 12% capitalization rate, this property stands out as an exceptional investment opportunity in Vermont. Outside, provides convenient off-street parking. The property is located just steps from Plainfield’s charming Main Street, with easy access to local shops, cafs, and community amenities. The location also offers quick access to Barre, Montpelier, and 50 minutes to the Burlington area. Whether you’re looking to expand your real estate investment portfolio, secure a high-yield Vermont rental property, or house-hack with rental income, this duplex checks all the boxes: strong cash flow, desirable location, cosmetically updated, long-term tenants, and excellent return potential. 48 hour notice is required for any showings.

Listed by Taylor White of KW Vermont - Cambridge