$575,000 $65 per sq.ft. Plainfield VT Multi Family »

Price Change! Reduced by $20,000 down 3% on October 17th 2024
Number of Units 4   Total Sq. Ft. 8820  |  Acres: 0.68
Thursday Sep 12, 2024
Description: **Exceptional investment opportunity in a prime location.** Substantial mixed use property, offering an attractive proposition for investors looking to capitalize on rental income. The generous internal layout not only accommodates 4 multiple tenants, it can easily accommodate more within this nearly 11,000sqft building. The structure allows for versatile use, adapting to the dynamic needs of various business models. Its prominent positioning overlooks a high traffic area guaranteeing excellent visibility, making it a magnet for potential clientele and a hub of activity for any businesses aiming to establish or expand their market presence. Newer metal roof and shingle roof, along with updates to wiring and interior walls inside the units have been made throughout the years, while still maintaining original historic aspects to the building. Space directly behind the building has nice marble patio, with more space beyond that could be used for additional parking. Attached garage and carport onsite. Consider the numerous advantages and potential this space has to offer. It's more than an investment; it's a cornerstone for future growth. 48hr notice and proof of funds required for all showings. Also listed as commercial MLS#5013913 See MLS Property & Listing Details & 45 images.

$500,000 $434 per sq.ft. Randolph VT Multi Family »

Number of Units 3   Total Sq. Ft. 1152  |  Acres: 5
Thursday Aug 15, 2024
Description: Three Park Model homes, each on their own deeded lot! 2023's net income was approximately $71,000. Potential to increase this by taking on cleaning & management. Other lots available if you wish to expand income opportunity. Seller created this small community and has been running it as rental and AirBnB income property. Three fully developed lots to be sold as a bundle; made up of Lot #8 2.2+/- acres, Beautiful Lancaster Cabin Lakeview Model, 2 BR installed septic, shared spring well, fiber and power. Lot #9 1.7 +/- acres, beautiful Lancaster Cabin Lakeview Model, 1 BR shared septic, shared spring well, DSL and power. Lot #10 1.1+/- Acres, nice Lancaster Cabin Rancher Model, 1 BR shared septic, shared spring well, fiber and power. Excellent roads, driveways, water lines, ECFiber, and DSL lines with shared maintenance among 7 total lots. In 2024, two of the units run as AirBnB and the third is a month to month, income could be increased by converting back to AirBnB. This small community enjoys a shared open recreation area, 0.5+/- acre pond, 22 acres of conserved land and wooded uplands. Make it your summer home while earning income, or your permanent residence. Buy and build on one of the other available lots. Seller-managed and they are willing to teach new owners the ins and outs of the property. Current state/town permits, surveyed, and utility drawings. Future owner may sell these lots individually. See MLS Property & Listing Details & 27 images.

$525,000 $114 per sq.ft. Rutland City VT Multi Family »

Number of Units 6   Total Sq. Ft. 4600  |  Acres: 0.36
Wednesday Nov 13, 2024
Description: Immaculate 6plex located a desirable quaint residential Rutland neighborhood. This rarely vacant building has 5x2br and 1x1br, a net operating income north of $60K, and is being listed at a ~11.5% cap rate based on current numbers. Units has been renovated and building has undergone weatherization resulting in lower-than-average annual heating bills. A new owner can step into to this turnkey investment, projected to yield over a 17% cash on cash return starting year 1 based on current numbers to realize significant returns from cash-flow vs speculation. Rents can be brought to market to achieve close to 20% cash on cash return by year 2. One unit has been left open for showings or immediate owner occupancy, but the building has traditionally been 100% occupied. In addition to enjoying the tremendous cash flow, there is also significant upside to acquire a high quality stabilized 6plex ahead of the historic multibillion dollar development occurring nearby at Killington, which, combined with rapidly falling rates, is already resulting in organic property appreciation and increased interest in the area from investors. The property is available as a package with other buildings across VT for a buyer looking for a larger high cash flow turnkey multifamily portfolio. Listing Broker is a member of the LLC selling the property. See MLS Property & Listing Details & 22 images.

$795,000 $173 per sq.ft. Vergennes VT Multi Family »

Number of Units 4   Total Sq. Ft. 4592  |  Acres: 0.4
Wednesday May 15, 2024
Description: SOME OWNER FINANCING POSSIBLE. Also... PROPERTY COULD QUALIFY FOR 5% DOWN FHA PROGRAM FOR APPROVED BUYERS WHO WANT TO LIVE IN ONE OR MORE OF THE UNITS! Incredible investment opportunity. This four unit apartment building has been lovingly maintained by the same owner for decades with low-maintenance and profitability in mind. The building has been updated with vinyl siding and windows, a metal roof, a brand new natural gas boiler, solar panels, carpet-free units, and a massive 5+ car garage with storage above offering tons of potential. The current owner has easily leased these for decades - tenants that have all been moved into month-to-month leases so a new buyer has options (though they all want to stay). The income on this property speaks for itself - with a pair of 2 br units, one 1 br plus den, and a 3 br/2ba, this property would bring $60k+ per year to an investor's portfolio. Or live in one of the units and have your money working for you! There is ample off-street parking, and a cute yard with a small playground and garden area. Located just 2 short blocks behind the main business district of Vermont's Smallest (and arguably most charming) City, easy walking distance to the shops and restaurants. 30 minutes to Burlington and less than 20 minutes to Middlebury. See MLS Property & Listing Details & 30 images. Includes a Virtual Tour

$950,000 $258 per sq.ft. Waterbury VT Multi Family »

Waterfront on River Winooski River
Number of Units 4   Total Sq. Ft. 3680  |  Acres: 8.9
Wednesday Oct 23, 2024
Description: Discover the perfect blend of modern design and convenient living with these two spacious side-by-side duplexes, built in 2020 and 2022, situated on 8+ picturesque acres just north of Waterbury Village. This 4-unit rental property boasts modern finishes throughout, including fully equipped kitchens with dishwashers, in-unit laundry, and attached 2-bay garages for each apartment. With its prime location along Route 2, tenants will enjoy easy access to local amenities, while the generous acreage provides a peaceful setting. These well-maintained units offer an excellent opportunity for investors seeking reliable rental income and long-term value in a high-demand area. Don't miss out on this rare package deal in one of Vermont's most desirable rental markets! Showings begin on Saturday, 10/26. See MLS Property & Listing Details & 49 images.

$639,000 $118 per sq.ft. Wilmington VT Multi Family »

Number of Units 3   Total Sq. Ft. 5424  |  Acres: 2.3
Saturday Oct 26, 2024
Description: Formerly listed in the Wilmington Town Records as a Commercial Property, however, the owners changed that designation to Residential including a one bed./one bath apartment and (2) two bedroom, one bath apartments and a 7 bedroom/7.5 half bath once an Inn. The current owner is in the process of installing egress windows in all bedrooms in the Inn. The current owner has also electrified all smoke and carbon monoxide detectors and is in the process of installing railings on the second floor fire escape access. The apartment that is attached to the inn portion of this property has all utilities included while the apartments in the Cape style home pay all their own utilities. Trash is included for all tenants. See MLS Property & Listing Details & 1 images.

$625,000 $226 per sq.ft. Windsor VT Multi Family »

Number of Units 8   Total Sq. Ft. 2768  |  Acres: 1.44
Sunday Apr 7, 2024
Description: Introducing a prime investment opportunity nestled on 1.44 acres of picturesque countryside just moments away from the convenience of town living. Whether you're a seasoned investor seeking a lucrative addition to your portfolio or a newcomer to the world of real estate investment, this 8-unit property presents an attractive proposition. With its idyllic location, modern updates, and reliable tenant base, it offers the perfect combination of rural charm and urban convenience--a truly rare find in today's market. Don't miss your chance to own a piece of country paradise with endless potential for growth and prosperity. See MLS Property & Listing Details & 3 images.