Multi-Family Properties

MLS Number 5038163

• Multifamily
• Address 35 Meadow Lane
• Units 12
• Bathroom 12
• Acreage 1.6

Prime Multi-Family Investment Opportunity in Castleton, Vermont This is a rare opportunity to acquire three solid brick buildings, each containing four units, for a total of twelve rental units in the heart of historic Castleton. Nearly all of the units have been extensively renovated, offering updated interiors and minimal capital improvements needed. The property maintains near 100% occupancy, reflecting strong rental demand and stable income. Located just minutes from Lake Bomoseen and Castleton University, this portfolio benefits from a highly desirable location with consistent tenant interest. Each building offers spacious units, ample parking, and a walkable neighborhood setting. The buildings are centrally located within the charming downtown area, providing easy access restaurants and other community amenities. This is a turnkey investment opportunity that provides reliable cash flow and long-term appreciation potential. It's ideal for both seasoned investors and those looking to grow their multi-family portfolio.

Listed by Will Spanos of KW Vermont-Killington

MLS Number 5047622

• Multifamily
• Address 3261 Route 30 North
• Units 3
• Bathroom 4
• Acreage 0.1

LAKE BOMOSEEN DUPLEX - TWO HOUSES WITH INCOME: 1930 Southern house has original frame, but house was totally renovated in 1989 and Northern house was built. Southern house has 4-bedrooms, 2 1/2 baths and Northern house has two 1-bedroom apartments. New electrical, plumbing, insulation, etc. In 2024, houses were stained. Also, includes storage room between the houses and a storage shed near the Southern house. Decks and windows invite western sunsetviews. Views across the lake include Slate Mountain, with minimal development. This is a perfect opportunity to live in 1 house and rent the other house or two families could purchase together. The 166' of generous lakefront is great for swimming and water is clear at shoreline. Close to Amtrak, restaurants, Community Healthcare, Drugstore, Vermont State University, Skiing, Rutland, Middlebury and New York. Call for an appointment to see this unique income-producing lake property!

Listed by Owen Loughan and Melissa Loughan of Westside Real Estate

MLS Number 5036590

• Multifamily
• Address 1465 West Street
• Units 2
• Acreage 2.5
• Square Feet 3,750

Unique and classic Vermont! Fairview Farm is converted dairy barn that is a real treasure. This property is located on West street in beautiful Cornwall, just a few miles from Middlebury College. The westerly Adirondack views are amazing and the sunsets are spectacular. The property is currently used as two separate units with two bedrooms each but can easily transition to a single unit with ample living space. There are many bonus rooms and storage areas that make the house live large. The smaller barn has a two garage bays and is partially insulated upstairs. You could finish the second floor for additional living space or continue to use as storage. There are many options for this property. We invite you to come and take a look.

Listed by January Stearns of Champlain Valley Properties

MLS Number 5041481

• Multifamily
• Address 44 Turquoise Road
• Units 2
• Bathroom 2
• Acreage 1.35

This versatile single-family home with an accessory dwelling unit (ADU) offers endless possibilities. Set in a serene country setting adjacent to the Meach Cove land and trail system, this bright and inviting raised ranch blends charm, functionality, and income potential. The upper level features a sun-filled living room and a bright eat-in kitchen with a breakfast bar. Solid oak flooring flows throughout the living room, dining area, and hallway. Step out onto the spacious deck to enjoy your morning coffee or relax with a book while taking in picturesque backyard views. The lower-level in-law apartment has a separate entrance and offers the potential for rental income. It can also be easily reconnected to the main home to create a larger living space-ideal for multi-generational living. The flexible layout provides both privacy and versatility. A large barn offers ample room for storing equipment, recreational gear, or even housing animals. The two-car garage, with an additional workshop and storage area, is perfect for hobbyists or those needing extra space. Just minutes from the heart of Shelburne Village, the Shelburne Museum and Farm, shops, restaurants, Shelburne Beach, and top-rated schools, this property combines peaceful country living with convenient access to everything Shelburne has to offer.

Listed by The Nancy Jenkins Team of Nancy Jenkins Real Estate

MLS Number 5033139

• Multifamily
• Address 33-33a Creek Road
• Units 2
• Bathroom 1
• Acreage 0.22

Local Landmark with Endless Potential - OWNER FINANCING AVAILABLE. Mixed-Use Building in the Heart of Bomoseen. Step into the heart of the Lake Bomoseen lifestyle with this well-known, mixed-use property full of opportunity! Currently home to a successful deli and Ice Cream window, this beloved local landmark offers incredible versatility with a commercial space on the main level and a spacious 2-bedroom owner's apartment upstairs. The first-floor commercial features 1,132 square feet, with the exciting potential to expand by an additional 374 square feet - perfect for a cafe, boutique, gallery, or office. The beautifully maintained 1,880-square-foot apartment upstairs includes two bedrooms, generous living space, and a large deck overlooking Lake Bomoseen - the ideal spot to relax, entertain, or take in the views. Located at Vermont's largest freshwater lake, the lifestyle here is unbeatable. Enjoy several lakeside restaurants you can boat up to, a scenic 9-hole golf course, and a full-service marina -all just minutes away. There's even potential lake access through a nearby rental company. And for year-round fun, you're just 40 minutes from Killington Ski Area, making this property the perfect base for summer and winter adventures. Affordable, flexible, and full of potential, this is your chance to own a piece of VT. Enjoy living near a college town, several excellent eating establishments, country stores, and direct access to the Ethan Allen train that goes to NYC. LIVE

Listed by Freddie Ann Bohlig of Four Seasons Sotheby's Int'l Realty

MLS Number 5036631

• Multifamily
• Address 116 Lillian Drive
• Units 2
• Bathroom 2
• Acreage 0.46

Investor-ready duplex just half a mile from Castleton University! This split-entry multi-family property features two spacious 2-bedroom, 1-bath units with open-concept living areas and metal fireplaces. Each unit has private access and shares a 0.46-acre lot in a peaceful residential neighborhood. One unit boasts new appliances, fresh carpet, and interior paint. With a newer standing seam metal roof and exterior repairs already completed, major updates are out of the way. Rent both units or live in one while leasing the other-ideal for parents seeking a smarter solution to student housing costs. Gross rental income projected at ~$4,750/month. Basement partially finished, adding additional usable space. Property can also be converted back to single-family if desired. Public water/sewer, oil hot water heat, and strong rental history. Group showings preferred; 48-hour notice required.

Listed by Nicholas Sicard of EXP Realty