Multifamily

MLS Number 5036788

• Multifamily
• Bathroom 5
• Square Feet 6,390
• Acreage 0.64

Don't miss this prime investment opportunity! This well-maintained 5-unit multifamily property offers an impressive 9.8% cap rate and features a desirable unit mix of three 2-bedroom apartments and two spacious 3-bedroom apartments, ensuring strong rental demand. Situated in a convenient location within walking distance to downtown shops and restaurants, the property appeals to both long-term tenants and short-term renters alike. Tenants enjoy plenty of off-street parking, shared coin-operated laundry facilities, and indoor storage units-key amenities that enhance both functionality and value. Currently, utilities are included in the rent for all units except Unit 5, which pays for their own electricity. Units 5 and 6 are already configured to allow tenants to pay their own heat and electric, offering future potential to reduce operating costs and increase net income. Whether you're a seasoned investor or just entering the multifamily space, this is a rare chance to own a high-yielding property in a desirable area. Schedule your private showing today!

Listed by Hughes Group Team of Casella Real Estate

MLS Number 5017747

• Multifamily
• Square Feet 3,896
• Acreage 0.11

Investment Opportunity: 8-Unit Multifamily in Rutland City Don't miss this rare opportunity to own an 8-unit multifamily property located at 43 Summer St in Rutland City. The property includes 6 one-bedroom units, 1 two-bedroom unit, and a studio apartment. Current rents are well below market rate, presenting an ideal chance for an investor to boost cash flow and improve the overall cap rate by raising rents to reflect the true market potential. Situated in a convenient downtown location, this property provides easy access to local amenities, shops, and restaurants, making it highly attractive to tenants. With the rising demand for rental housing in Rutland, this property is well-positioned for long-term growth and value. Whether you're a seasoned investor or just starting to build your portfolio, this property offers significant upside potential.

Listed by Betsy Adamovich of Real Broker LLC

MLS Number 5041666

• Multifamily
• Square Feet 3,551
• Acreage 0.75

This is a unique, one of a kind, versatile, "blank canvas" opportunity. This is a 3 unit multi-family, fully rented/money making full time property now.. but, use your imagination, create your vision of what this premier location could be. Zoned BOTH commercial AND residential.. this property could be a fabulous restaurant with rivers edge al fresco dining or...a potential location for a new store, exercise studio/hot yoga... or art gallery.. or live here in one of the units and have the other units pay your mortgage and live rent free. Office space and massage therapy business in place now. The dream is yours to make as you will and this land and the 2 houses, 1 apartment unit and office space unit and 4 garages along the Utley Brook branch of the West River. 365 feet of gorgeous water front, 435 feet of Londonderry Market access with loads of parking for access to your retail dream. ALL 3 UNITS FULLY RENTED and making $$$$ There are lots of houses... but there is only ONE location like this and opportunity to create a lifestyle from whatever your vision might be. Great potential!

Listed by Wilkie Bushby of TPW Real Estate

MLS Number 5043218

• Multifamily
• Square Feet 6,353
• Acreage 0.48

Great opportunity for the savvy investor, 6 unit multi family which produces over $88,000 in gross income per year and over $58,000 in net income per year , CAP RATE at asking price is over is 13.5% , this property is offered with other two properties by the same owner a 2 family and A single family home , all are adjacent to each other

Listed by Mike Kalil of Watson Realty & Associates

MLS Number 5033139

• Multifamily
• Bathroom 1
• Square Feet 3,012
• 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 5041670

• Multifamily
• Acreage 0.35

Bring your vision and unlock the potential! This property has been fully gutted and is ready for your transformation. With a new roof, windows and siding and decking on the porch, you're well on your way! Conveniently located in the Village Of Ludlow near skiing, golf, lakes for swimming, and village shopping, it's the perfect opportunity for contractors, investors, or DIYers. With two separate units, it's ideal for creating rental income, a vacation retreat, or a combination of both. The structure is in place, and much of the framing is already done-just bring your plans and make it your own. A spacious two-car garage offers flexibility-use it for storage, parking, or convert it into additional living space. This a rare chance to create something truly special in the heart of the village.

Listed by Frank Provance of Diamond Realty

MLS Number 5036631

• Multifamily
• Bathroom 2
• Square Feet 2,550
• 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