Multi-Family Properties

View all multi-family homes for sale in Addison County and nearby towns. Search through a variety of properties in Middlebury, Shelburne, Charlotte, Brandon, Vergennes, Bristol and much more.

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111 South Main Street Middlebury VT 05753

Middlebury, VT111 South Main Street

Price$1,200,000

Est. Mortgage: $/month

Active With Contract

MLS Number 4997190

  • Multifamily
  • Units 6
  • Bathroom 7
  • Acreage 0.39
  • Square Feet 5,497

What a location! Just down the street from Middlebury College and historic downtown Middlebury, this incredible investment property is ready for new owners. With a total of 9 bedrooms among six units, the structure retains a lot of its original charm. Several exterior porches allow for outdoor living space and hardwood floors and handsome woodwork appear in the main entry and within some units. Many updates have been done to make it easy to just purchase and go! A brand new sprinkler system was just installed, along with a new natural gas boiler. Most of the units have been freshly painted, and all are currently rented. A list of many recent improvements is attached to the listing. If you are looking for an investment property that is turn key- this might just be the one!

Listed by IPJ Real Estate

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$/month over payments
Federal 30-year interest rate: 6.77% last updated on Jul 18, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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3180 Franklin Street Brandon VT 05733

Brandon, VT3180 Franklin Street

Price$895,000

Est. Mortgage: $/month

MLS Number 5001797

  • Multifamily
  • Units 10
  • Bathroom 10
  • Acreage 4.06
  • Square Feet 7,700

Rare opportunity to own one of the larger buildings in the charming artisan town of Brandon VT. This high cashflow turnkey 10 unit property is being sold at a 10% cap, with an annualized NOI north of $80K, and consists of a 8plex (8x1br) and Duplex (2x2br) on one tax lot. The property is projected to yield over a 12% annual cash on cash return at current financing rates, and significant upside at sale. Situated on secluded lot away from the main road, with ample parking and outdoor space for residents to enjoy, the property rents quick when there is a rare vacancy. There is also significant upside on rents based on existing and legacy leases per rent roll. Additional value can be added by subdividing the lots and selling the properties individually at exit. Units and buildings have been meticulously cared for and renovated, and held under the same ownership for a decade. A new owner can step in to enjoy the high cash flow and low maintenance expenses The duplex in the back of the property has been fully gut renovated, and the larger 8plex has had updates and renovations across most units. This low maintenance and energy efficient property features its own well and septic, as well as individualized propane heaters per unit - keeping annual costs lower than the average multifamily. Please download the OM for more information. Property is available as a package with other buildings across VT for a buyer looking for a larger portfolio. Listing Broker owns the property.

Listed by Michael Gilman of 3GEN Real Estate Inc

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$/month over payments
Federal 30-year interest rate: 6.77% last updated on Jul 18, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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1207 Moody Road Huntington VT 05462

Huntington, VT1207 Moody Road

Price$824,900

Est. Mortgage: $/month

MLS Number 5000565

  • Multifamily
  • Units 2
  • Bathroom 3
  • Acreage 10.1
  • Square Feet 2,873

Welcome to your dream home nestled in the heart of Vermont just minutes from renowned ski resorts like Sugarbush, Bolton, & Camel's Hump State Park. This expansive single family property w/ semi-attached guest house sits on over 10 acres of breathtaking land offering mtn views & immediate access to biking, skiing, & swimming trails right at your doorstep, while still affording the conveniences of Chittenden County living. The main house boasts 3 bedrooms & 3 baths, w/ the 1st floor showcasing a gorgeous foyer, laundry room, eat-in kitchen, sunlit living room w/ a cozy gas fireplace, bedroom, & the list goes on! Upstairs you'll find a spacious master suite complete w/ all the bells & whistles; walk-in closets & a gorgeous en suite, as well as another spacious bedroom & full bath. As we make our way to the newly converted 3 bed, 2 bath guest house, you'll fall in love w/ the flexibility & opportunity this space provides. Whether you're looking to generate additional income or accommodating extended family, this space can do it all. This guest house features an open layout w/ a modern kitchen equipped w/ stainless steel appliances, hardwood floors, & picturesque views, what more could you want! On warmer evenings, gather around the fire pit or one of multiple decks & enjoy the peaceful ambiance of your surroundings. Whether you're seeking a profitable investment opportunity or a forever home w/ tremendous flexibility, this exceptional Vermont property leaves no stone unturned!

Listed by Livian Vermont and Connor Johnson of KW Vermont

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%
$/month over payments
Federal 30-year interest rate: 6.77% last updated on Jul 18, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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67 Green Street Vergennes VT 05491

Vergennes, VT67 Green Street

Price$795,000

Est. Mortgage: $/month

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

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$/month over payments
Federal 30-year interest rate: 6.77% last updated on Jul 18, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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45 Court Street Middlebury VT 05753

Middlebury, VT45 Court Street

Price$725,000

Est. Mortgage: $/month

MLS Number 4999633

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

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 room on upper floors. The lower-level apartments are fully leased with high quality tenants generating $3440 income per month. The upper-level apartment is being left empty to accommodate a potential buyer who may want to reside on premises. Estimated rent if leased would be $2400 per month. 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

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%
$/month over payments
Federal 30-year interest rate: 6.77% last updated on Jul 18, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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16 Franklin Street Brandon VT 05733

Brandon, VT16 Franklin Street

Price$719,000

Est. Mortgage: $/month

MLS Number 5003027

  • Multifamily
  • Units 3
  • Bathroom 4
  • Acreage 0.41
  • Square Feet 3,576

Welcome to Franklin St in the heart of Brandon! This is a very large property that offers a great opportunity to occupy or add to your portfolio. If occupying with 10% down it is estimated that your cost would be just over $2k/month at current rates to live in the large four bedroom two bathroom unit off the back of the building. that includes taxes, insurance water, sewer, plowing, and rubbish removal. When/if interest rates fall to 5% you could live in this gorgeous 1900 square-foot plus unit for less than 1500/month. The other two units can help to offset your monthly mortgage payment. For the investor, you could see an annual return around 11% at current rates and about 23% when interest rates go to 5%. This property offers 3 nicely appointed units. The 2nd floor of this unit has the remaining bedrooms and second bathroom. All rooms are well sized and offer plenty of space. You can also enjoy the deck off the back to enjoy relaxing and making meals outside. The second unit located on the first floor is a three bedroom and one bathroom that is currently rented. The third upstairs unit has been recently updated with new kitchen cabinets and countertops offers two large bedrooms and one bathroom. The tenants pay all utilities helping to keep operating costs low. The property also has a large outbuilding for storage. The tenants have storage access to part of the building and an owner can utilize the rest for a shop or storage. Connect with your local agent today!

Listed by Flex Realty Group and Chris Williams of Flex Realty

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$/month over payments
Federal 30-year interest rate: 6.77% last updated on Jul 18, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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74 Court Street Middlebury VT 05753

Middlebury, VT74 Court Street

Price$599,900

Est. Mortgage: $/month

MLS Number 4989606

  • Multifamily
  • Units 4
  • Acreage 0.3
  • Square Feet 1,440
  • Utilities Phone

Seller has authorized the Listing Agency to offer compensation to a Buyer Agency of 2.5% of the contract sale price. Such compensation must be included in any offer to purchase.  Welcome to this charming 4-unit apartment building located in the heart of Middlebury. This property offers a fantastic investment opportunity in a desirable location. Property Highlights: - Well-maintained exterior with curb appeal. - Off-street parking for residents' convenience. - Close proximity to local shops, restaurants, and entertainment Investment Opportunity: - Potential for rental income and long-term growth. - Perfect for both seasoned investors and first-time buyers. - Strong rental demand in the Middlebury area. - Great opportunity to expand your real estate portfolio. Don't miss out on this fantastic investment opportunity in Middlebury. Contact us today to schedule a viewing and make this 4-unit apartment complex your next real estate venture!

Listed by IPJ Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 6.77% last updated on Jul 18, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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64 Main Street Vergennes VT 05491

Vergennes, VT64 Main Street

Price$475,000

Est. Mortgage: $/month

Pending

MLS Number 4999624

  • Multifamily
  • Units 3
  • Bathroom 3
  • Acreage 0.2
  • Square Feet 2,164

Understanding our local housing needs, this clever and motivated owner renovated a former gas station into two residential units and one office space in the center of Vergennes. Completed in 2022, the largest unit sits on the second floor and includes three bedrooms and two baths, plus a spacious open living area and a separate laundry area. A two bedroom, 1 bath unit with laundry boasts tall ceilings and sits on the first level accessed at the front of the building. Lastly, the sound-proofed office is set up with a waiting room, meeting room, and accessible half bath. Each unit includes radiant electric heat, mini-splits, stainless steel appliances, hardwood and high-traffic vinyl flooring, and more. The brick/vinyl exterior and new metal and slate roofs provide ease of maintenance. Fully rented, an investor can start or add to their portfolio, or better yet it can serve as an owner-occupied building once the current leases expire. Only 22 miles to Burlington and 13 miles to Middlebury, it's an easy commute North and South, and near all Vergennes amenities including local restaurants and shops, the City Green, the Vergennes Opera House and the grand Bixby Library.

Listed by Danelle Birong of The Real Estate Company of Vermont,LLC

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$
%
$/month over payments
Federal 30-year interest rate: 6.77% last updated on Jul 18, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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34 South Maple Street Vergennes VT 05491

Vergennes, VT34 South Maple Street

Price$415,000

Est. Mortgage: $/month

Pending

MLS Number 4995119

  • Multifamily
  • Units 3
  • Bathroom 3
  • Acreage 0.4
  • Square Feet 3,492

This city home is a fantastic opportunity to earn rental income and live in a gorgeous space. 3 units, each with their own character, 2 of which are over 1,200 sq. ft. with tall ceilings and unbelievable vintage trim work. The portion for sale is the north half of this large brick building including the addition and half of the garage in the back. The unit located at 32 is a 1-bedroom with porch access. The first-floor unit in the main home is a 2-bedroom with a spacious kitchen and expansive living room. The second-floor apartment has a front entry, foyer at the top of the stairs, 3 bedrooms, and access to the full attic. Many antique details are still in place. These units have a long rental history, they also are beautiful spaces that a buyer may want to consider home themselves.

Listed by Heather Morse and Bianca Perta of Coldwell Banker Hickok and Boardman

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$
%
$/month over payments
Federal 30-year interest rate: 6.77% last updated on Jul 18, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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54 Mechanic Street Castleton VT 05735

Castleton, VT54 Mechanic Street

Price$379,000

Est. Mortgage: $/month

MLS Number 5004856

  • Multifamily
  • Units 2
  • Bathroom 4
  • 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 2 baths. 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

$
$
%
$/month over payments
Federal 30-year interest rate: 6.77% last updated on Jul 18, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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22 Franklin Street Brandon VT 05733

Brandon, VT22 Franklin Street

Price$325,000

Est. Mortgage: $/month

MLS Number 5003079

  • Multifamily
  • Units 2
  • Bathroom 2
  • Acreage 0.22
  • Square Feet 2,945

This multi-family home in Brandon village offers a versatile living arrangement with two separate spacious rental units. The first floor features a grand living room with adjacent dining room. The property boasts a spacious three season front porch measuring 35' by 8'5, which features a marble floor and natural wood ceiling, making it a welcoming space for relaxation and entertaining. If someone brought this property back to a one family home they would have an impressive property! And leaving it as a two family you would be successful as the current owners have experienced. Additionally, the home includes a garage and an adjacent barn, providing plenty of storage or workspace options. The backyard offers a nice grassy shaded area and full sun most of the day too. Conveniently located within walking distance to all the amenities Brandon has to offer. To be precise 0.2 miles to town center with all the restaurants, shops, bakery, galleries, brew pub, weekly summer concert series & year round events at the town hall. Recreation is at your doorstep with the National Forest miles away along with Moosalamoo Ntn'l Recreation Area, Lake Dunmore & Fern Lake, Killington & Pico Ski Resorts & the Neshobe Golf Club. Easy commute to Middlebury & Rutland. This property offers comfort & convenience!

Listed by Wendy Rowe of Rowe Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 6.77% last updated on Jul 18, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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1115 Route 4a West Castleton VT 05735

Castleton, VT1115 Route 4a West

Price$287,500

Est. Mortgage: $/month

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

$
$
%
$/month over payments
Federal 30-year interest rate: 6.77% last updated on Jul 18, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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Broker Reciprocity 

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated July 22, 2024 12:40 PM EDT