Andover VT Mult-Family Real Estate

MLS Number 5088001

• Multifamily
• Address 264 Chestnut Street
• Units 2
• Bathroom 4
• Acreage 1.21

Turnkey and ready for its next owner to capitalize on multiple income streams with the peace of mind only obtainable with newer construction. Exceptional high-yield investment opportunity boasting a projected 10.3% CAP rate and a 1.72 DSCR, offering great cash flow and a distinct opportunity for investors. This versatile property features a spacious 4-bedroom main home characterized by hardwood floors and tasteful updates, that includes two additional bonus rooms with a finished walkout lower level. All complemented by a fully self-contained 2-bedroom apartment perfect for rental income or an in-law suite on the lower level. Whether you're looking to house-hack, manage a multi-generational setup, or expand a high-performance portfolio, this river-view gem on the Sugar River delivers both scenic charm and serious mathematical margin. Home is situated 6 min from Sullivan County Health Care and 7 min from Valley Regional Hospital.

Listed by Austin Bearden of Century 21 Highview Realty

MLS Number 5109282

• Multifamily
• Address 3 Mt Vernon Street
• Units 2
• Bathroom 2
• Acreage 0.12

Well maintained 2 unit income producing investment property located a short stroll to downtown Dover, restaurants, local parks, and recreational amenities. Great opportunity for the owner occupier or solid addition to the portfolio for the long term investor. The property offers a one-car detached garage, ample off-street parking for both units, and a generous back yard green space and garden area. Each unit has in-unit washer/dryer and a private covered porch that provides inviting outdoor space. Recent improvements to the building include a new natural gas forced hot water heating system (2025), new asphalt shingled roof (2023), and fresh interior and exterior paint (2023). Both units are tenant occupied and in above average condition throughout.

Listed by Tiffany Semprini of The Aland Realty Group

MLS Number 5086151

• Multifamily
• Address 77 Smith Street
• Units 2
• Bathroom 2
• Acreage 0.8

This fully renovated two-unit home features brand new kitchens and bathrooms while preserving original wood floors and timeless charm. Both units are currently rented. Unit 1 boasts a spacious layout with a cozy dining room, a sun porch, pantry, and three bedrooms. Unit 2, offers a delightful eat-in kitchen, a third bedroom, and newly added laundry access. The attached barn provides ample storage, and each unit comes with its own private driveway and parking area. Separate heating and electric meters make this property even more attractive. The roof and trim have been freshly repaired and painted, adding to the home's curb appeal. With additional space to expand, there's potential to create a third unit. Just a short walk to the village, this proper is ideally situated for both convenience and lifestyle. Whether you're looking for an investment property, a future home with rental income, or a place with an ADU for generational living, this turnkey gem is a must-see.

Listed by Tara Peirce of Badger Peabody & Smith Realty

MLS Number 5108239

• Multifamily
• Address 463 Lake Avenue
• Units 2
• Bathroom 2
• Acreage 0.07

Turnkey duplex in Manchester's Hanover Hill neighborhood, offering two well-maintained 2-bedroom, 1-bathroom units with functional layouts, stainless steel appliances, and durable vinyl plank flooring. Both units feature washer/dryer hookups, separate electric water heaters, and independent natural gas boilers. Tenants are responsible for heat, hot water, and electricity, while the landlord pays public water and sewer. The property is conveniently located with easy access to Downtown Manchester and Elm Street, the South Willow Street commercial district, and Elliot Hospital. Downtown's restaurants, shops, and entertainment are just minutes away, while the South Willow Street corridor provides convenient access to a wide variety of retail, dining, and everyday amenities. Elliot Hospital is less than a mile from the property, adding further appeal for healthcare professionals and hospital employees. The current owner has taken excellent care of the property, which features a 1-year-old roof, vinyl windows, and a clean, dry basement. A paved driveway and side parking area provide off-street parking for at least two vehicles, with the potential for up to four vehicles with tandem parking. The property is intentionally being marketed vacant, providing an owner-occupant or investor with the opportunity to take immediate possession and select their own tenants. The units were most recently rented for $1,875/month on the first floor and $1,850/month on the second floor. Pro forma financials reflect ~$45,000 in annual gross revenue and ~$29,000 in net income after operating expenses. Whether you are looking to expand your portfolio or owner-occupy, 463 Lake Avenue offers a rare turnkey opportunity in a convenient location. With proximity to Downtown, the South Willow commercial district, and Elliot Hospital, combined with a well-maintained property and established rental history, this duplex is ready for its next owner.

Listed by Nick Gray of Gray Property Group,LLC

MLS Number 5095835

• Multifamily
• Address 71 1st Street
• Units 3
• Bathroom 4
• Acreage 0.25

Rare mixed-use investment opportunity featuring three income-producing units across two separate buildings. Whether you're an investor looking to expand your portfolio, an entrepreneur seeking a versatile property, or an owner-occupant looking to offset your mortgage, this property offers flexibility and multiple income opportunities. The property includes a detached approximately 1,800-square-foot commercial building currently leased to and occupied by an established daycare tenant, providing consistent commercial rental income, along with a front duplex offering two 2-bedroom, 1-bath apartments totaling 1,648 square feet. Significant renovations were completed to the commercial building in 2024, enhancing its functionality and appeal. Featuring an open floor plan, two bathrooms, and storage areas, the space offers flexibility for a variety of commercial uses, subject to local approvals. Current lease information and income figures are available upon request. Both residential units feature practical layouts that support residential rental use and provide consistent rental income. With two residential units and an established commercial tenant under one ownership, this property presents a unique opportunity in the heart of Swanton. Opportunities combining residential and commercial revenue potential are rarely available.

Listed by Sherry Corbeil of M Realty

MLS Number 5093388

• Multifamily
• Address 440 Gold Street
• Units 2
• Acreage 0.23
• Square Feet 1,432

Excellent opportunity for an owner-occupant or investor to own a well-maintained two-family property in a convenient Manchester location. With one unit available for owner occupancy and income potential from the second unit, this is a rare opportunity to secure a property that can work for you from day one. The property's functional layout, strong rental appeal, and desirable location make it an attractive option in today's market. Conveniently located just minutes from major highways, shopping, dining, schools, and downtown Manchester, this property offers easy access to everyday amenities while maintaining excellent income-producing potential. Whether you're a first-time homebuyer looking to enter the market, a multi-generational household seeking flexible living arrangements, or an investor expanding your portfolio, this property offers versatility to meet a variety of needs. Don't miss your chance to own this versatile multi-family home with immediate income potential and long-term upside. Schedule your showing today and discover everything 440 Gold Street has to offer.

Listed by Michael Caouette of Keller Williams Realty-Metropolitan

MLS Number 5083695

• Multifamily
• Units 2
• Acreage 0.52
• Square Feet 2,256
• Area NH-Strafford

Welcome to 69 Chestnut Hill Road in Rochester! This home is set on a spacious, level lot and features a detached ADU (Accessory Dwelling Unit), which provides exceptional flexibility for multi-generational living, a high-end home office, or potential rental income. This ADU is fully self-contained, featuring its own kitchen with light oak cabinetry, white appliances, and a full bathroom. Inside the main residence, you'll find an inviting interior that seamlessly blends rustic charm with modern updates. The kitchen boasts deep espresso cabinetry, stainless steel appliances, and a stylish tiled backsplash. It opens directly into a character-filled dining space defined by stunning whitewashed brick accent walls, exposed ceiling beams, and industrial-inspired lighting. The home's flexible floor plan includes three comfortable bedrooms. For added convenience, the main-floor bathroom serves as a laundry room. Outdoor living is equally impressive at this Rochester gem. Enjoy the fresh air in the private screened-in porch or host evening gatherings on the covered deck. The expansive backyard is a haven for play and relaxation, complete with a playground area and a dedicated storage shed. This move-in-ready property offers unparalleled versatility and style in a desirable location!

Listed by The Zoeller Group of KW Coastal and Lakes & Mountains Realty/Rochester