You are viewing all VT listings NH Multi Family Homes with 4 or more Apartments between $0 and $30000000 dollars.
Under Contract
$299,000 $156 per sq.ft. Rutland City VT Multi Family »
Number of Units 4 Total Sq. Ft. 1912 | Acres: 0.2Listed on Tuesday Sep 3, 2024
Description: Welcome to your investment opportunity in the heart of Rutland! This beautifully maintained multi-family property consists of two 1-bedroom units one 2-bedroom unit, and one studio apartment providing a versatile and income-generating space. Located within walking distance to the vibrant downtown area, this property offers both convenience and charm and has been meticulously cared for, providing a turnkey investment opportunity. Recent updates and regular maintenance ensure a hassle-free ownership experience. See Listing Details & 25 images.
Under Contract
$319,000 $90 per sq.ft. Rutland City VT Multi Family »
Number of Units 4 Total Sq. Ft. 3558 | Acres: 0.13Listed on Tuesday Jun 25, 2024
Description: Investment Opportunity in Rutland, VT! Welcome to 33 Summer Street, a four-unit multifamily property in a prime Rutland location. This property features three newly renovated units, offering modern amenities and updated finishes. Situated close to local amenities and public transportation, this property is ideal for attracting tenants. Whether you're looking to expand your portfolio or start investing in real estate, 33 Summer Street presents a promising opportunity. Don't miss out on this excellent investment with great potential for steady rental income. See Listing Details & 34 images.
$325,000 $108 per sq.ft. Rutland City VT Multi Family »
Price Change! Reduced by $25,000 down 8% on August 23rd 2024
Number of Units 5 Total Sq. Ft. 3018 | Acres: 0.21
Listed on Monday Jul 22, 2024
Description: Great investment opportunity, 5 rental units,3 one bedroom and 2 two bedrooms on a lot with plenty of parking , gross yearly income is $54,000 with potential for more, expenses $ 22418, net yearly income is just over $31K rents are somewhat bellow market value, low expenses this building has been maintained well. See Listing Details & 3 images.
$348,000 $111 per sq.ft. Rutland City VT Multi Family »
Price Change! Reduced by $2,000 down 1% on August 9th 2024
Number of Units 4 Total Sq. Ft. 3139 | Acres: 0.17
Listed on Wednesday Mar 13, 2024
Description: RUTLAND CITY, VT - This well-maintained four-unit property offers excellent rental history and strong cash flow, making it a smart choice for investors. Positioned on a corner lot, it's conveniently close to public transportation, enhancing tenant appeal. The building features spacious 9-foot ceilings on the first floor and includes energy-efficient minisplit heat pumps in two of the four units. There is potential for more income provided by a large 2.5-story garage on the property, that was previously rented monthly. As the city pushes for more housing, this huge garage would be a fantastic candidate for an additional unit conversion! The cap rate on this property is over 10% at asking price. This investment opportunity combines practicality with profitability in a sought-after location. See it for yourself today! See Listing Details & 23 images.
New Listing!
$365,000 $113 per sq.ft. Rutland City VT Multi Family »
Number of Units 4 Total Sq. Ft. 3220 | Acres: 0.17Listed on Wednesday Oct 2, 2024
Description: Immaculate 4plex located a desirable quaint residential Rutland neighborhood This 100% occupied building has 3x2br and 1x1br, a net operating income north of $36K, and is being listed at a 10% cap rate based on current numbers. Units has been renovated and building has undergone weatherization resulting in lower than average annual heating bills. A new owner can step into to this turnkey investment, projected to yield over a 17% cash on cash return starting year 1 based on current numbers to realize significant returns from cash-flow vs speculation. Rents can be brought to market to achieve north of a 24% cash on cash return by year 2. In addition to enjoying the tremendous cash flow, there is also significant upside to acquire a high quality stabilized 4plex ahead of the historic multibillion dollar development occurring nearby at Killington, which, combined with rapidly falling rates, is already resulting in organic property appreciation and increased interest in the area from investors. The property is available as a package with other buildings across VT for a buyer looking for a larger high cash flow turnkey multifamily portfolio. Listing Broker is a member of the LLC selling the property. See Listing Details & 22 images.
New Listing!
$399,000 $89 per sq.ft. Rutland City VT Multi Family »
Number of Units 4 Total Sq. Ft. 4460 | Acres: 0.24Listed on Tuesday Oct 1, 2024
Description: A GREAT TWO PROPERTY INVESTMENT OPPORTUNITY! Two properties are for sale; a 4 bed, 2 bath Single Family and a 3 unit Multi-Family. These two properties are located on one .24 acre City lot with strong positive cash flow and net income over $36,000. When you visit, you'll see a complete renovation of 94 South Main Street of: windows, doors, paint, flooring, bathroom, kitchen, appliances, and more; where the tenants pay their own: heat, electric, water/sewer, and internet. 2 Jackson Avenue has 2 renovated apartments, with newer appliances, flooring, doors, painting, and so much more. Both properties have newer roofs (2018) and newer boilers (2019) along with a newer oil tank (2019) at 2 Jackson Avenue. There's newer windows in both buildings replaced between 2018-2020. Gutters were added, and a deck replaced at 2 Jackson Ave. Only 3 blocks from White's Pool and Recreation Park. Only 4 minutes to RRMC or to Downtown shopping, dining and entertainment. Clean, well maintained, many upgrades, with little else to do but enjoy the income stream. Showings begin this Saturday 10/5/24 This opportunity won't last long! See Listing Details & 37 images.
$435,000 $148 per sq.ft. Rutland City VT Multi Family »
Number of Units 5 Total Sq. Ft. 2936 | Acres: 0.17Listed on Wednesday Sep 11, 2024
Description: Immaculate, renovated, 100% occupied, high cash-flow 5 unit multi-family, priced to sell at an "as is" 11% cap. The building has been professionally managed with no deferred maintenance and is in mint condition. A new owner can step into to this turnkey investment, projected to yield over a 17% cash on cash return starting year 1 based on current numbers. This allows a new owner to realize significant returns from cash-flow vs speculation. With a Net Operating Income of $50K, this fully occupied property has a diverse unit mix of studios, 1br and 2br apartments - allowing it to appeal to a broad range of residents, and the property is rarely vacant. In addition to enjoying the tremendous cash flow, there is also significant upside to acquire real estate ahead of the historic multibillion dollar development occurring nearby at Killington, which, combined with rapidly falling rates, is already resulting in organic property appreciation and increased interest in the area from investors. The property is available as a package with other buildings across VT for a buyer looking for a larger high cash flow turnkey multifamily portfolio. Listing Broker is a member of the LLC selling the property See Listing Details & 17 images.
$300,000 $76 per sq.ft. Rutland Town VT Multi Family »
Price Change! Reduced by $50,000 down 17% on September 18th 2024
Number of Units 4 Total Sq. Ft. 3964 | Acres: 0.36
Listed on Wednesday Jul 31, 2024
Description: Investment Opportunity! Discover this charming multifamily property, a rare gem with fantastic potential in the thriving Rutland area. This property boasts multiple units, each offering a unique opportunity to renovate or update to your specifications, allowing you to truly make it your own. Whether you're looking to flip the units for a quick profit or upgrade them to increase long-term rental income, the possibilities are endless. The existing layout is functional and appealing, making it easy to keep the current tenants and enjoy steady rental income without immediate renovations. The property's location is ideal, situated in a high-demand rental market with a strong potential for future appreciation. Plus, Rutland Town taxes may provide additional savings, enhancing the overall investment appeal. This is a versatile investment that caters to various strategies, whether you're an experienced investor or just starting out. Don't miss out on this opportunity--more photos available upon inquiry. All units have tenants in place. See Listing Details & 6 images.
$279,000 $66 per sq.ft. St. Johnsbury VT Multi Family »
Number of Units 5 Total Sq. Ft. 4200 | Acres: 0.19Listed on Wednesday Jul 10, 2024
Description: 5 units fully rented. Long term tenants. Easy walking to stores. Town inspected. Tenants pay electric, tv, owner pays heat, water/sewer, snow removal, lawn care and trash. See Listing Details & 4 images.
$309,000 $93 per sq.ft. St. Johnsbury VT Multi Family »
Number of Units 5 Total Sq. Ft. 3310 | Acres: 0.17Listed on Wednesday Sep 25, 2024
Description: Here is an opportunity for a well maintained 5 unit investment in St Johnsbury with a proven record for being a solid income producer! Conveniently located within walking distance to amenities makes this a desirable asset for passive income. Ideal for seasoned investors or those who are looking to enter the rental property market! See Listing Details & 14 images.
$499,000 $174 per sq.ft. St. Johnsbury VT Multi Family »
Number of Units 5 Total Sq. Ft. 2876 | Acres: 0.25Listed on Friday May 3, 2024
Description: Investment Opportunity: Consistent Income Stream in St. Johnsbury This fully occupied five-unit building offers a fantastic investment prospect, generating a gross income of $67,200! The property includes two 2-bedroom units and three 1-bedroom units, with the added convenience of in-unit washers and dryers - no more trips downstairs or to the laundromat! There's also plenty of off-street parking available. Located in a delightful setting, you'll find a variety of local services, shopping, and dining options nearby, plus the lot backs up to a ballpark. It's only a mile to Lamoille Valley Rail Trail parking, under a mile to Catamount Arts for fantastic performances, and less than 30 minutes to Burke Mountain for skiing and riding, as well as Kingdom Trails for mountain biking. If you're in search of a reliable investment in a well-maintained property, your search ends here. See Listing Details & 17 images.
$795,000 $173 per sq.ft. Vergennes VT Multi Family »
Number of Units 4 Total Sq. Ft. 4592 | Acres: 0.4Listed on Wednesday May 15, 2024
Description: 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. See Listing Details & 30 images. Includes a Virtual Tour
$280,000 $79 per sq.ft. West Rutland VT Multi Family »
Price Change! Reduced by $35,000 down 13% on September 9th 2024
Number of Units 4 Total Sq. Ft. 3535 | Acres: 0.25
Listed on Wednesday Mar 27, 2024
Description: Unlock your next investment property! This multifamily provides the perfect blend of charm, convenience, and outdoor adventure right here in the heart of West Rutland. What once was a mix use of downtown shops and apartments, has since been converted into 4 unique, spacious apartments which are all currently occupied and generating income. Located in town, residents have easy access to local amenities such as shops, restaurants, schools, and public transportation, ensuring convenience and connectivity for daily needs. Boasting original 1900's character, modern updates, and close proximity to skiing, lakes, golf courses, and other outdoor activities, this property offers an unparalleled living experience for both residents and visitors alike. Enjoy peace of mind with numerous updates including upgraded electrical systems, a vapor barrier, blown-in spray foam insulation in the basement for improved energy efficiency, and a newer high-efficiency boiler for optimal comfort. Ample shared parking space is available, including a large outbuilding for additional storage. This property presents an excellent investment opportunity to it's new savvy owners with nearly a 9% cap rate all while having rents well below current market value. Give us a call today! See Listing Details & 20 images.
Under Contract
$380,000 $107 per sq.ft. Westminster VT Multi Family »
Number of Units 5 Total Sq. Ft. 3564 | Acres: 0.4Listed on Thursday Oct 19, 2023
Description: Nicely renovated 5 unit village multifamily is fully rented with stable tenant base. Three 2 bedreooms and two 1 bedroom apartments are fully rented with all tenants on month to month leases. Vinyl siding, slate roof, and well kept property will make for minimal maintenance costs in the future. Large walk in basement has provisions for storage areas for each aparment. Turnkey money maker ready for a new owner. Operating expenses include real estate taxes. See Listing Details & 39 images.
$369,000 $123 per sq.ft. Village of Jacksonville Village in Town of Whitingham VT Multi Family »
Number of Units 4 Total Sq. Ft. 3000 | Acres: 0.5Listed on Monday Jun 17, 2024
Description: Excellent opportunity for investment or owner occupied multifamily! This 4 unit building sits perched above the Village of Jacksonville and has been very well maintained. Looking more like a stately single family home than rental units, the size of the apartments will surprise you. High ceilings, wood floors, spacious and bright bedrooms, great storage and closets, full sized kitchens, plenty of parking, covered front porch and a manageable yard space. One lower level unit has just been vacated and can quickly be filled at current market rates or left as an owner space should they wish to occupy. The 2nd lower level unit will also be vacant, cleaned and ready for a new rental by closing or to combine for one larger owner unit if desired. The 2 upstairs apartments have wonderful long term tenants with great payment histories.If you need workforce housing, want to break into investment properties and start your portfolio, looking to live with your mortgage covered by your tenants or are a seasoned investor, there are so many possibilities here! See Listing Details & 21 images.
