Investing in real estate doesn't always require millions of dollars. Especially if you are willing to consider a fixer upper or handyman special. Below you will find Vermont Multi-family properties currently listed below $250k. Check back often to view the latest listings or sign up for automatic alerts emailed to you daily.
Price$174,900
Est. Mortgage: $/month
MLS Number 4789272
Wonderful Brick Duplex! Exceptional Location! Great Investment! Large City Lot! Stellar Cash Flow Opportunity!
Listed by Gregory Clairmont of Greg Clairmont and Associates .
Price$49,900
Est. Mortgage: $/month
MLS Number 4788918
This spacious 4 bed, 4 bath fixer upper is located in Berkshire, VT.Offering great potential, hardwood flooring, spacious bedrooms, and a large kitchen. The property is in need of updates and repairs before move in ready.Property is sold in “as is” condition and “where is”. Seller does not prorate taxes or pay delinquent taxes. Buyer pays all closing costs including, but not limited to any and all transfer taxes, title, legal, and recording fees. Seller has no knowledge of condition. It is the responsibility of the buyer to do all research pertaining to this property.
Listed by Susan Wylie of Vermont Realty Group
Price$239,000
Est. Mortgage: $/month
MLS Number 4788548
Looking for a place to run your business with an apartment upstairs to offset expenses? What about an investment property in a prime location just a couple blocks from the hospital or Main Street. This property has been occupied for many years as an insurance office and has 5 office rooms, a kitchenette, and a 1/2 bath. The upstairs apartment has hardwood flooring throughout and offers 2 bedrooms and additional storage in the attic. Vinyl windows throughout the building and an updated full bathroom in the apartment. The attic and basement have had extensive upgrades to include sprayed insulation, waterproofing the basement walls in addition to a professionally installed sump pump with battery back up. The furnaces were replaced in 2012 and 2013. Both units are occupied and the commercial tenant could stay or vacate with reasonable notice if an owner wanted to occupy. Ample off street for a thriving business.
Listed by Shawn Cheney of eXp Realty LLC
Price$245,000
Est. Mortgage: $/month
MLS Number 4788470
Large St. Albans triplex just steps from downtown! Great for someone looking to owner occupy (currently 1 open unit) or an investor expanding their portfolio. Each unit has its own private covered porch entrance as well as separate utilities. Unit 1 is a second floor 1 bedroom flat with a mudroom entrance on the first floor. The unit features an eat-in kitchen, a spacious living room with a full bathroom, and a good size bedroom. The unit benefits from many updates including new flooring and paint. Unit 2 is a first floor 1 bedroom flat with an eat-in kitchen, living room, bedroom, and 3/4 bathroom. The third unit is a 3 bedroom townhouse house style unit. This unit features a living area, kitchen, bedroom and 3/4 bathroom on the first floor as well as two bright bedrooms and a half bathroom on the second level. This unit has been thoroughly updated throughout. Many updates throughout the property including many new windows, new metal roof in 2017, extensive foundation work in 2017. Fantastic location a block from Main street and just down the street from Northwestern Medical Center with easy access to everything St. Albans has to offer!
Listed by Blair Knowles of KW Vermont
Price$229,900
Est. Mortgage: $/month
MLS Number 4786718
Well maintained multi family with two two bedroom apartments. Turn key move in. Great in town location walking distance to all of downtown amenities. Recently renovated in last couple of years. Great rent history. currently the main floor is vacant---move in and have the upstairs tenant pay part of your mortgage. Annual operating expenses run $9905 per year with fully rented income of $25,000. Fire and Saftey and EMP inspections up to date and fully compliant.
Listed by Ray Fortier of KW Vermont
Price$239,900
Est. Mortgage: $/month
MLS Number 4786629
This historic home was originally a single family home that was updated, renovated and converted to a 3 and 2 bedroom duplex. It has hot water baseboard with fuel oil for heating. Each unit has original wood flooring, laundry, plenty of off street parking, quaint covered porches, living room, kitchen, bathroom and storage. One unit, technically a two bedroom, features a bonus room that can be used as an additional bedroom. It has an added dining room with vintage built ins and a large three season porch with power and wall to wall windows. Many upgrades and safety measures were made, including window/door replacement to provide sound/noise insulation, emergency accessibility, hard wired smoke alarm systems, electrical, vinyl siding, new roofs, fixtures, plumbing and heating. This property could easily be converted back to a 5+ bedroom single family home and offers many possibilities to include a smaller, one bedroom ground floor apartment or in law accommodations. It has a two car garage with loft for storage and newer poured cement floor. The windows and overhead garage doors were also upgraded and replaced. This property has an additional large attached storage shed/building. It has a huge, level, open back yard for gardening, pets and play area for children. Same owner has owner occupied duplex at 60 West Main Street for sale.
Listed by Sean Dye and Nancy Larrow of C21 Jack Associates/Vergennes
Price$199,900
Est. Mortgage: $/month
MLS Number 4785636
Attention investors! Looking for a winter project? Located just a couple minute walk from Main St in Downtown Vergennes, this conveniently located side by side duplex constructed in 2008, sits on a 1 acre lot that is loaded with opportunity and ready for your vision! Both units are identical and have a very attractive floor plan that includes spacious living rooms, dining and kitchen areas including 3/4 baths on the first floor. Upstairs in both units are decent sized bedrooms with ample closet space and large full baths with tile flooring and separate linen closets. Each unit also has separate basement interior and exterior access with laundry hookups. Both spaces could easily be converted into even more living space or simply keep as storage. There is also the added convenience of a detached two car garage for use by both dwellings. Whether you are an investor looking to rehab the property or want to fix it up to live in one half and rent out the other, the possibilities are seemingly endless not to mention the income producing potential this property has to offer!
Listed by Flex Realty Group of Flex Realty
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Price$250,000
Est. Mortgage: $/month
MLS Number 4784618
Great income-producing investment opportunity! This duplex in the heart of downtown Burlington has 2 units and so much potential! The first unit offers 1 bedroom (with potential for a second), 1 full bathroom, kitchen, dining room, living room and a large sunroom. The second unit is currently tenant occupied and offers 2 bedrooms, 1 full bath, kitchen, dining room, and living room. This property still has some of the original hardwood flooring and other unique historical features. The deep lot is a rare find in downtown Burlington! With several perennial gardens and a large vegetable garden, plus additional yard space, this home is a must-see! There is even a storage shed and a garage for additional storage space. Priced well based on condition. Great location close to 127, and just a short walk to Battery Park, the Waterfront, Church street, and bus lines!
Listed by The Malley Group of KW Vermont
Price$59,900
Est. Mortgage: $/month
MLS Number 4784340
Roll up your sleeves and build some sweat equity! This Duplex has magnificent views from both Units and has direct access to the Missisquoi River! Enjoy the natural beauty of the river from the rear deck or on one of the picnic tables located River Side! The first floor unit is just about complete and owner occupied. The 2nd floor unit has two bedrooms and needs finishing touches. New furnace & hot water tank have been installed! There is an additional floor for storage and a utility room that houses the furnace & hot water tank. Currently used and designated as a single family home.
Listed by Armand Jr Chevrier of C21 Jack Associates/Enosburg
Price$240,000
Est. Mortgage: $/month
MLS Number 4777991
Great investment opportunity. Property consists of a 3 unit multifamily home, a single level ranch home, and 5 mobile home sites - 3 of which are owned by the seller and the other two are lot rentals. There were previously 7 mobile home sites but 2 were removed so there is the possibility to replace those two. Property does need some improvements to be fully occupied. Also possibility for redevelopment with high public water and sewer allocation. Property is located both in St. Albans City and St. Albans Town.
Listed by Pj Poquette of Paul Poquette Realty Group, LLC
Price$128,000
Est. Mortgage: $/month
MLS Number 4777030
Formally a 3 unit building that the city has now re-zoned as a single family. Would require a hearing with Development Review Board to change its use. Centrally located building. two units have 3 bedrooms and the third has 2 bedrooms. Interior has retained some of its original charm, such as hardwood floors in part of the rooms, bathroom with a claw foot tub. Exterior has a covered front porch. Flat lot with parking
Listed by Steve Grone of RE/MAX Northern Edge Realty LLC
Price$244,000
Est. Mortgage: $/month
MLS Number 4776797
It's all about the location---walking distance to all the amenities downtown Middlebury has to offer. Excellent Investor returns----- Live in one unit and collect rent on the other to help pay your mortgage --- Collect both rents totaling $27,600 plus per year. - The current operating expenses are $9000 which includes property taxes, water, sewage, lawn care, snow removal and trash pickup. Tenants pay for all other utilities and services. Owner currently does a lot of the small maintenance items. Each unit has three bedrooms and a full bath with approximately 1000 square feet each--The upstairs unit was recently renovated. Downstairs unit has large covered porch. Large lot with plenty of room for a garden. Plenty of room for parking.
Listed by Ray Fortier of KW Vermont
Copyright 2020 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. 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 January 17, 2020.
