Andover VT Mult-Family Real Estate

MLS Number 5086924

• Multifamily
• Units 2
• Bathroom 2
• Acreage 0.41
• Square Feet 2,380

132 Rivermount Terrace offers a well-located, neighborhood multi-family home with easy access to Burlington High School, downtown, and the waterfront bike path. This property has been exceptionally maintained and updated, with turnkey units ready for immediate occupancy or rental. Set above the surrounding area, the property overlooks the Intervale and benefits from added separation and privacy. Expansive decks provide great views and privacy for causal outdoor dining, relaxing, or entertaining. The flexible layout works well for live-in owners renting additional units who choose to Airbnb or rent to long-term tenants. Investors take note: recent zoning supports conversion to four units, creating additional upside for investors or owner-occupants looking to increase income potential. A strong option for those looking to live in a fantastic neighborhood and offset ownership costs through rental income or reposition the number of units for higher returns.

Listed by Lipkin Audette Team of Coldwell Banker Hickok and Boardman

MLS Number 5107662

• Multifamily
• Address 1657 E Main Street
• Units 4
• Bathroom 8
• Acreage 2.04

Unlock incredible cash flow with this versatile 4-unit property situated on 2+ acres along a highly traveled, high-visibility corridor leading straight to Fryeburg. Featuring a massive paved driveway for multi vehicle parking, this property is perfectly positioned to capture the region's massive year-round tourism demand and gives you income stability with tenants. The jewel of the property is an expansive 7 bedroom, 5 bathroom unit currently run as a short-term rental. Maintained at low occupancy by the current owner for maximum ease, it represents a massive, un-tapped revenue opportunity for an active operator. There's built stability with three additional fully occupied units that provide immediate, reliable monthly income from day one. This property is a golden opportunity to capitalize on summer tubing crowds, outlet shoppers, and winter ski travelers. All within minutes of adventure.

Listed by Adam Dow of KW Coastal and Lakes & Mountains Realty/Wolfeboro

MLS Number 5098429

• Multifamily
• Address 235 Young Road
• Units 4
• Bathroom 4
• Acreage 2.61

4 SINGLE FAMILY HOMES ONE 1 LOT in the desirable Oyster River School District!! 2 of the homes are rented out to long term tenants, one just needs minor rehab & the other needs some renovation to be able to rent. Nice 2.61 Acre lot in, each home has a private back yard. MAKE ONE HOUSE YOUR OWN and rent the other 3, or rent all 4 for maximum income! This property is located just a few minutes drive from the public boat launch on Swains Lake! Store your boat on your lot when not in use (same with tenants!) Truly a one of a kind property like no other. Schedule your showing today!!

Listed by Jeremiah Gordon and Victoria Corbin of KW Coastal and Lakes & Mountains Realty

MLS Number 5107408

• Multifamily
• Units 2
• Bathroom 4
• Acreage 6.61
• Square Feet 2,704

A wonderful opportunity to own two townhouse-style condominium units at Mountain View Terrace Condominium located on Ryefield Terrace. Great for investment - multi-generation living - or convert them to a single family home. Ideally located in a private, peaceful setting just minutes from downtown Wolfeboro and approximately five minutes to Lake Wentworth Beach. Each unit consists of three bedrooms and two baths, with approximately 1,196 square feet of finished living space, plus an unfinished basement for storage. The first floor features a fully applianced kitchen, dining area, living room and half bath, while the second floor offers three bedrooms and a full bath. Each unit has its own driveway and outdoor area with room for a deck or gardening. Ryefield Terrace boasts a quiet residential environment with excellent natural screening from Route 109. This location is conveniently close to downtown Wolfeboro, schools, The Nick, shopping, the library, hospital and Lake Wentworth. Multiple possibilities exist with this secluded setting. Showing times can take a few days to schedule due to tenant schedules.

Listed by Betty Ann Bickford of Maxfield Real Estate/Wolfeboro

MLS Number 5091803

• Multifamily
• Address 44-46 Sherman Street
• Units 4
• Bathroom 4
• Acreage 0.12

INVESTOR'S DREAM: Lakefront Views & Prime Downtown Location! Seize a rare opportunity to own a highly desirable investment property located on a corner lot offering breathtaking, unobstructed views of majestic Lake Champlain and the towering New York Adirondack Mountains. This exceptional multi-unit property boasts a truly centralized location, putting your tenants in the heart of the action. Enjoy the ultimate convenience with public transportation, sidewalks, the scenic recreational path, and vibrant waterfront events literally outside your door. Easy access to the shopping, diverse dining options, the University of Vermont (UVM), and the UVM Medical Center. A healthy rental history and long-term tenants makes this a great investment opportunity. Listing Agent related to seller

Listed by Louise Johnson of KW Vermont

MLS Number 5105288

• Multifamily
• Address 71 Drew Street
• Units 2
• Bathroom 2
• Acreage 0.11

Rare opportunity to own this beautiful Burlington duplex in one of the most convenient and desirable neighborhoods in the City. Excellent location and condition, it is walking distance to downtown, the Waterfront, Battery Park, and local amenities. This property has been meticulously maintained and updated, including new kitchens, bathrooms, cedar shake and vinyl siding, efficient gas heaters, electrical panels, and water heaters. The first-floor unit features lovingly restored original woodwork and doors, and both units offer beautiful hardwood floors. The covered porches at the rear of the building overlook the beautiful back yard and allow enjoyment of summer sunsets. The recently paved driveway provides ample off-street parking for both units. The first-floor unit has interior basement access and an entryway offering a large closet for coats and storage. The second-floor apartment includes a pantry off the kitchen, interior access to attic storage, and exterior access to the basement with ample storage. Both units have access to shared laundry facilities. This property is a rare gem and is perfect for the owner who would like to enjoy neighborhood living while investing in a property that provides excellent income.

Listed by Brian Libby of Flex Realty (brian@flexrealtyvt.com), Flex Realty Group of Flex Realty

MLS Number 5101389

• Multifamily
• Address 78-80 Loomis Street
• Units 2
• Bathroom 3
• Acreage 0.06

Well maintained, fully leased duplex in a prime Burlington rental location, offering steady income and long term appeal. The building features one two bedroom unit and one spacious three bedroom unit, each with a full bath and a functional, efficient layout. The three bedroom adds a finished third floor attic space with a half bath, giving that unit extra room to spread out. First floor unit is leased through June 1, 2027, second floor unit is leased through December 2026, so income is in place from day one. Consistent care over the years means less deferred maintenance for the next owner. Additional features include a clean basement with designated storage for each unit, shared laundry, and two off street parking spaces in the driveway. The smaller lot keeps ongoing upkeep straightforward. Situated in a high demand location between UVM and Church Street, this is a compelling opportunity for investors, owner occupants, or parents seeking housing for their college age children.

Listed by Geri Reilly of Geri Reilly Real Estate

MLS Number 5097410

• Multifamily
• Address 198 Elm Street
• Units 4
• Bathroom 5
• Acreage 0.24

Enjoy the privacy and charm of your own well-maintained carriage house in the heart of Manchester while the additional three-unit apartment building generates income to help cover the property's expenses. The inviting carriage house offers 2 bedrooms and 2 baths, while the separate building features two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath apartment. Recent updates include new flooring installed in one unit in 2026. This unique property offers the comfort of a private home with the financial benefits of an income-producing asset-or the opportunity to purchase all four units as a valuable addition to your investment portfolio. Enjoy convenient access to Manchester's renowned dining, boutique shopping, cultural attractions, skiing, hiking, golf, fly fishing, and year-round recreation. Live in one of Vermont's most desirable communities while your tenants help offset the cost of ownership, or invest in a well-maintained multifamily property with long-term potential. 3D virtual tours are available upon request.

Listed by The Nancy Jenkins Team of Nancy Jenkins Real Estate

MLS Number 5102481

• Multifamily
• Address 339 Monkton Ridge
• Units 2
• Bathroom 3
• Acreage 1.2

Discover the perfect blend of country living and investment potential with this duplex situated on 1.2 acres. Whether you're looking for an owner occupied property with rental income or a solid addition to your investment portfolio, this versatile property delivers. The larger unit features four spacious bedrooms and two full bathrooms, combining classic Vermont charm with thoughtful updates. Inside, you'll find a updated kitchen, a mix of hardwood, softwood flooring, built-in cabinetry, storage nooks, first-floor laundry, and a practical mudroom entry. Relax on the front porch with a view of Cedar Lake, or enjoy the privacy of the rear porch. An additional storage area provides even more functionality. The second unit is currently occupied and offers two bedrooms, a full bathroom with the potential to add a half bath, first-floor laundry, inviting front and rear porches, and charming wide-board flooring that complements the home's character. Located just minutes from Hinesburg Village, this property offers the tranquility of a country setting while remaining close to local amenities, schools, restaurants, and recreation. For builders and developers, this property is part of a four-lot subdivision that also includes two separately available, fully approved building lots. Each lot is approved for a two-unit dwelling with up to six bedrooms per lot. See MLS #5102482 and #5102483 for additional information. (Building lots are offered separately.)The seller will also consider some owner financing.

Listed by Paul Cannizzaro of Cannizzaro Real Estate