Multi-Family Properties

MLS Number 4995640

• Multifamily
• Units 4
• Bathroom 5
• Acreage 0.4
• Square Feet 4,592

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.

Listed by Sandy Palmer of Vermont Real Estate Company

MLS Number 4999633

• Multifamily
• Units 3
• Bathroom 3
• Acreage 0.2
• Square Feet 3,120

Collect $5840 per month from fully leased apartments ! Historic Victorian Multifamily Home in Downtown Middlebury, VT Discover a piece of history with this charming Victorian multifamily home, built in 1840, located in the heart of downtown Middlebury. This well-maintained property features three distinct units: a 1-bedroom and a 2-bedroom on the ground level, and a spacious 2-bedroom with large bonus rooms on the upper floors. All apartments are fully leased with quality tenants generating $5840 income per month. All tenants have an on time payment history. Property Highlights Investment Opportunity: This property offers a solid return on investment in a high-demand rental market. Recent Upgrades: Enjoy modern living with renovated lower-level apartments with open concept designs, blending contemporary comfort with historic charm. Prime Location: Situated within walking distance to local shops, restaurants, and cultural attractions, making it highly desirable for tenants. Well-Maintained: The property has been carefully maintained to preserve its historic character while incorporating modern amenities. This is a rare opportunity to own a historic gem in Middlebury, offering both stability and growth potential. Don't miss out on this exceptional investment in a vibrant community. For more information or to schedule a viewing, contact us today!

Listed by Deborah Fortier of KW Vermont

MLS Number 5012354

• Multifamily
• Units 3
• Bathroom 3
• Acreage 0.52
• Square Feet 2,827

Wonderful owner occupied 3 unit building in Hinesburg Village. Apt 1 includes 3 bedrooms with hardwood floors throughout, full bath, galley kitchen with extra windows opens up to sunny, spacious living/dining room, front deck for entertaining filled with natural light. Apt 2 features 2 bedrooms, 3/4 bath, kitchen with plenty of cabinets & counter space opens to living rooms, includes spacious back patio overlooking the gorgeous tree lined yard. Apt 3 is a recently renovated 1 bedroom with 3/4 bath, spacious living room opens to kitchen. All units have washer & dryers & move in ready, plenty of parking on .52 acres. Full basement with hatchway for all the utilities. Tenants pay utilities. Town water & sewer. Minutes to schools, eateries, and bike path. Convenient to Burlington, UVM Medical Center, and Middlebury. Great investment with many upgrades throughout!

Listed by Geri Reilly of Geri Reilly Real Estate

MLS Number 5004856

• Multifamily
• Units 2
• Bathroom 2
• Acreage 0.2
• Square Feet 3,300

Great Investment Opportunity located in downtown Castleton and walking distance to Vermont State University. Minutes to Lake Bomoseen and a short drive to Killington and Pico ski areas. Recently renovated with 2 units both with 4 bedrooms and 1 bath. Currently rented until May 2025. Either a great investment or live in one unit and rent the other collecting serious rental income. Figures available to qualified buyers.

Listed by Bill Gilbert of Gilbert Realty and Development

MLS Number 5009639

• Multifamily
• Units 2
• Bathroom 2
• Acreage 0.2
• Square Feet 2,987

Bristol Village home with accessory apartment offering 5 bedrooms and 1.5 baths in the main house, plus a 2-bedroom, 1-bath unit. The main house has had many recent updates including a new furnace in 2021, some newer windows, fresh paint, new bathroom fixtures, plus new septic system in 2019 for the entire property. Spacious and sunny rooms with beautiful hardwood floors and a lot of original character still remains in this vintage home. You'll love the convenient 1st floor laundry/mudroom with antique farmhouse sink and tons of storage space throughout. The apartment needs some TLC but has lots of potential and includes its own laundry hook-ups, separate basement with recent work done, separate utilities, and rental or in-law suite possibilities. Plenty of parking in the large driveway with nearby EV charger plus garage for storage. Enjoy easy access to all Village amenities, restaurants, schools, the river, and mountains plus only 45 minutes to Burlington, 15 minutes to Middlebury, and 15 minutes to Vergennes.

Listed by Lipkin Audette Team of Coldwell Banker Hickok and Boardman

MLS Number 4974336

• Multifamily
• Units 4
• Bathroom 3
• Acreage 2.02
• Square Feet 6,884

Discover an exceptional investment opportunity with this versatile 4-unit multiuse building. This property features a strategic mix of two spacious offices and 2 two-bedroom open-concept apartments, providing a diverse range of potential income streams. Unlock the full potential of this property with the possibility to convert the existing office space into additional apartments, enhancing rental income and maximizing return on investment. The finished space in the basement offers even more possibilities, whether utilized as a studio, office, or transformed into an extra apartment. 1.21 acres of the property are leased to the Town of Castleton through June of 2086 for an annual amount of $1. The purpose of this lease is for a community recreation area, no structures may be built on the property. Don't miss the chance to own a property that not only offers immediate revenue but also provides strategic options for future growth. Call today to schedule a viewing and explore the endless possibilities this multiuse building presents. Building is on the National Register of Historic Places.

Listed by Hughes Group Team of Casella Real Estate

MLS Number 5004855

• Multifamily
• Units 2
• Bathroom 2
• Acreage 0.9
• Square Feet 2,000

Great Investment opportunity. This is a 2 Unit Multifamily recently renovated each unit features 3 bdrms, 1 bath, dishwasher, lots of natural lighting throughout. Both units currently rented to May 2025. The yard is fenced in on three sides. Large backyard. Decks. You could live in one unit and rent out the other. Walking distance to Vermont State University. Minutes to Lake Bomoseen, close to Killington & Pico Ski areas. Walking distance to downtown Castleton for area restaurants and amenities. Figures available to qualified buyers.

Listed by Bill Gilbert of Gilbert Realty and Development