Andover VT Mult-Family Real Estate

MLS Number 5055086

• Multifamily
• Address 123 Lake Street
• Units 3
• Bathroom 4
• Acreage 11.85

Three homes in one! Incredible opportunity for house hackers, investors, and homesteaders. This extraordinary 11.85-acre property, zoned R1 (minimum 1-acre lots) for HUD/subdivision potential, offers over 3,500 sqft living space across 3 units - each with its own electric meter and 1st floor bedroom, bath, & laundry. Reliable M2M tenants in the back house & side apt - bringing in $3,471/month. Two driveways for privacy and also future development possibilities. Owners occupy the expansive 3-bed, 1.5 bath front apt, and they plan to move upon property transfer, providing the opportunity for new owners to move right into the large unit with clean, concrete basement, which is a great workspace during the winter months. Two front units feature pellet stoves as cozy backup heating. Oil heat is primary heating source. With woods and level pasture, this large lot of land is perfect for a hobby farming, horses, or a hunting/gathering lifestyle. Bordering a Wildlife Sanctuary, this amazing property has privacy, views, and plentiful woodland friends. If you're searching for the hunting and gathering lifestyle, you've found it! Includes over 1,400 feet of road frontage, 2 garages, shed, garden space, and gazebo. Located a stone-throw to Lake Champlain at Maquam Shore for boating and fishing. Just down the road to Swanton Village amenities, St. Albans City, & the Canadian border at Quebec. 1 hour to Montreal & 40 minutes to Burlington. Property is ideally positioned to capture strong rental demand in a high-traffic, quintessential New England vacation and outdoor adventure destination. Owners are continuing to renovate the 1st floor in the front apartment. There are three additional unfinished 3rd floor rooms in the "attic" of the front apt - one plumbed for a bathroom - offering potential for a 4th unit or larger owner quarters. *Newer features* - roof, vinyl siding, knotty pine walls, updated electric, trim, paint, and new kitchen flooring. Motivated sellers.

Listed by Tami Lantz and Tyler Hull of Sherwood Real Estate

MLS Number 5095729

• Multifamily
• Address 32-34 High Street
• Units 2
• Bathroom 3
• Acreage 0.09

Location, location, location! Desirable duplex in the heart of Waterbury Village ready for it's new owner! Originally built as a duplex, this property offers two comfortable units, each with a spacious living room, dining room, and covered front porch on the main level, with all bedrooms located upstairs. Hardwood flooring, functional layouts, and mountain views from select windows and the front porches add to the property's appeal. A full basement provides convenient interior access from both units and includes laundry and storage space. Ideally located high above the Village and a short walk to the elementary school, local shops, restaurants, and amenities, this property is attractive to both investors and owner-occupants. Outdoor enthusiasts will appreciate the easy access to recreation while enjoying the convenience of village living. Ready for its next owner, this is an excellent opportunity to own a well-located, income-producing property in one of Central Vermont's most desirable communities.

Listed by Amanda Kennedy of RE/MAX North Professionals

MLS Number 5099709

• Multifamily
• Units 5
• Bathroom 6
• Acreage 0.36
• Square Feet 5,372

A smart investment with room to grow. This unique package brings together a fully leased commercial building and a separately deeded residential rental, offering multiple income streams from day one. Whether you're expanding your portfolio or looking for a property with long-term upside, this is an opportunity that's hard to replicate. The commercial building has been exceptionally maintained and is home to three established commercial tenants. Inside, you'll find 12 rooms, four bathrooms, handicap accessibility, and a flexible layout ready to support a variety of business uses. An attached barn and two-car garage open the door to future expansion, additional workspace, or creative redevelopment, subject to local approvals. The included two-bedroom rental home adds another source of dependable income. Featuring one and a half baths, an attached one-car garage, and outdoor space for gardening or relaxing, it's a comfortable residence that tenants appreciate. Positioned directly across from Aubuchon Hardware in a high-visibility location, this property benefits from consistent daily traffic and excellent exposure. With ample parking, strong rental income, and future potential, this is more than a real estate purchase. It's a chance to own a property that is already working for you while leaving room to shape what comes next. Well cared for and ready for its next chapter, this versatile commercial and investment property is ready to welcome its next steward.

Listed by Michelle Gosselin of Heney Realtors - Element Real Estate (Barre)

MLS Number 5088125

• Multifamily
• Address 2 Depot Street
• Units 5
• Bathroom 5
• Acreage 0.18

Investors, look no further for a deal of a lifetime. This large 5-unit property offers 6,769 SF of finished space with a cap rate exceeding 13.5%, along with potential for additional units through subdivision of the commercial spaces or expansion of the existing layouts. A current storage area also presents the opportunity for conversion into an additional unit. The interior residential units are well maintained with solid long term tenants. In the past 3 years, the largest unit has been updated throughout, featuring a renovated kitchen with beautiful granite countertops, stainless steel appliances, and newer flooring. The bathrooms have also been remodeled with updated tubs and vanities. The smaller one-bedroom unit offers a cozy layout and has seen updates as well, including new carpeting, along with improvements to the kitchen and bathroom. The property's large footprint offers the potential for 6+ additional residential units through conversion of the commercial spaces, along with the possibility of 5+ more units in the unfinished attic - creating the opportunity for an intriguing combined 15+ unit building. Parking would be needed as required by the town for the increased units but that can be fulfilled with the sale of the property across the street that can be purchased as a package (MLS # 5088311). Other updates include a young roof and a young highly efficient Buderus boiler. Located in the heart of downtown Pittsfield, tenants enjoy walkable access to shops, restaurants, and everyday conveniences in a true small-town setting. Nearby Drake Field offers outdoor recreation along the Suncook River with trails, fields, and courts. Commuting is also convenient, with Concord under 30 minutes away and Boston & Portsmouth less than an hour. PRIVATE SHOWINGS Friday 4-6PM and Saturday 1-3PM.

Listed by Andy Yau of RE/MAX Shoreline

MLS Number 5077728

• Multifamily
• Address 163-165 Barre Street
• Units 3
• Bathroom 3
• Acreage 0.1

This exceptional three-unit building, located in the historic district of Montpelier, offers the perfect blend of classic charm and modern comfort. The exterior maintains its historic beauty, while the interiors have been thoughtfully updated to meet today's standards. Each apartment features modern kitchens and bathrooms along with well-maintained finishes throughout, creating attractive and comfortable living spaces for tenants or owners alike. Residents enjoy convenient access to back porches and stairs leading to ample parking behind the building. The location is truly outstanding; not in the flood zone, just minutes from downtown Montpelier, a short walk to Hunger Mountain Co-op, and close to the newly completed bike path. Whether you're looking for a smart investment opportunity or hoping to live in one unit while generating income from the other two, this property offers flexibility and long-term potential. Lovingly owned by the same owner for many years, it is now ready for its next chapter. Ideal for both first-time investors and seasoned buyers expanding their portfolio. Schedule your showing today and explore all the possibilities this special property has to offer.

Listed by Lucy Ferrada of Heney Realtors - Element Real Estate (Montpelier)

MLS Number 5108366

• Multifamily
• Units 3
• Acreage 0.21
• Square Feet 2,208
• Area NH-Merrimack

Here is your opportunity! Located in the growing and high-demand rental city of Franklin, this cash flowing property is a solid investment. This 3 unit, fully occupied property would make a great addition to the seasoned investor's portfolio, or a foundational first investment for the new investor to build on. This turn key property comes fully occupied, ready to cashflow, with a cap rate at or above the state average, at current rents! Because 2 units are a duplex, and the third is a stand alone building, you have a good opportunity to owner occupy if desired. This property has been attentively cared for by the current owner, and is found directly across the street from a portage location on the Pemi River, making this a great location for those coming to Franklin to join in on the outdoor activities. The numbers speak for themselves, don't miss this one!

Listed by Alex Green of Coldwell Banker LIFESTYLES

MLS Number 5082071

• Multifamily
• Units 3
• Acreage 0.07
• Square Feet 2,257
• Area NH-Hillsborough

Well-maintained 3-unit multifamily property located on the East Side of Manchester, offering three 1-bedroom units with functional layouts. The interiors 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 property offers off-street parking for 3 vehicles, along with additional street parking. Current rents are ~$1,325 per unit per month, generating ~$48K/year in gross income and an estimated ~$30K in net operating income. This property is also available as part of a 9-unit package opportunity with two adjacent multifamily properties at 379 and 383 Manchester Street (3 units each, and 9-10 off-street parking spaces in a contiguous lot), offering investors the ability to scale efficiently within a single location. Whether purchased individually or as part of the package, this property represents a stable investment with in-place income and ease of management.

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

MLS Number 5084368

• Multifamily
• Village Poultney
• Address 235 Main Street
• Units 2
• Bathroom 4

Oh the Possibilities This property holds a ton of potential. Located in the heart of the Lakes region between Lake Bomoseen and Lake St. Catherine Two family, single family , formerly a bed and breakfast, office downstairs and living upstairs. Second floor apartment has been recently renovated. First floor is handicapped accessible including ramp access and handicapped 3/4 bath. House has a sprinkler and security systems. Covered front porch, multiple entrances, circular driveway with ample parking.

Listed by Lisa Forster of New England Lakeside Realty

MLS Number 5092492

• Multifamily
• Village Groveton
• Address 14 & 16 Main Street
• Units 7
• Bathroom 7

ONE OF A KIND MULTI-UNIT INVESTMENT PROPERTY IN GROVETON, NH This exceptionally well-maintained seven-unit mixed-use building offers a rare investment opportunity in the heart of Groveton. The property includes six residential units, featuring two newly built apartments and several recently renovated unit, along with one dedicated office space, providing diversified income potential and long-term stability. The newly added and updated units increase overall living space, which in turn enhances rental income and long-term property value. With a strong history of long-term tenants, this building delivers consistent cash flow and minimal turnover. Situated in a walkable neighborhood, this property places tenants close to essential services and community amenities: Schools, Public pool, Grocery shopping, Hairdresser and personal services, Bank and post office, Doctors office, Restaurants. Outdoor enthusiasts will appreciate the property's proximity to ATV and snowmachine trail systems, making it an appealing option for year-round recreation. This property stands out as a unique, income-producing asset in Groveton, deal for investors seeking stability, low maintenance, and strong returns in a desirable North Country community.

Listed by Trisha Cross of Point to Point Realty LLC