You are viewing all listings Multi Family Homes with 4 or more Apartments between $0 and $30000000 dollars.
New Listing!
$290,000 $75 per sq.ft. Rutland City VT Multi Family »
Number of Units 4 Total Sq. Ft. 3850 | Acres: 0.26Listed on Friday Oct 4, 2024
Description: This prime investment opportunity is located at 42 S Main St in Rutland City, Vermont. Positioned directly across from Main Street Park, this well-maintained four-unit multi-family property offers a central location with easy access to local amenities, dining, shopping, and public transportation. Each unit is currently rented by long-term tenants, ensuring immediate rental income and stable cash flow for potential buyers. The building features historic architectural charm, adding to its curb appeal in this highly visible, desirable area. Whether you're a seasoned investor or a first-time buyer, this property offers excellent investment potential in a strong rental market. With a great location, steady tenants, and room for growth, 42 South Main Street is a fantastic opportunity to own a piece of Rutland City's vibrant real estate market. Showings delayed until 10/7/2024. See Listing Details & 20 images.
Under Contract
$299,000 $98 per sq.ft. Rutland City VT Multi Family »
Number of Units 4 Total Sq. Ft. 3054 | Acres: 0.29Listed on Thursday Aug 29, 2024
Description: Investment Opportunity: 4-Unit Multi-Family in Rutland City. Two units on the main floor and two units upstairs provide a balanced living arrangement. Main floor apartments come eqquipped with in-unit washers and dryers, adding an extra layer of convenience for tenants. The two units at the back feature expansive decks, perfect for relaxing and entertaing while taking in the scenic views. A generous parking area in the rear ensures tenants have easy access to their vehicles. A short walk to Pine Hill Park, which offers 18 miles of single-track trail spread over 325 acres of terrain offering some of the very best mountain biking, trail running, hiking, walking, snowshoeing, and geocaching in the central Vermont region. Ski areas and the lakes region also only a short drive away. Easy access to public transportation and the Amtrac Train Station makes get aways a breeze. This property presents a great opportunity for investors looking to own a well-positioned and functional building. Don't miss the chance to add this property to your portfolio! Property to be sold "as is". See Listing Details & 22 images.
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.
New Listing!
$4,500,000 $844 per sq.ft. Rye NH Multi Family »
Waterfront on Ocean Atlantic OceanNumber of Units 6 Total Sq. Ft. 5333 | Acres: 1.92
Listed on Saturday Sep 28, 2024
Description: Welcome to the grandest of all the properties on Cable Road in Rye, "Philbricks by the Sea" This is a first time offering of this extraordinary mutli-family property steps to sandy Jenness Beach. Consisting of the majestic main home, featuring three townhouse style apartments, and three adorable beach cottages on nearly 2 acres of land in the heart of the finest neighborhood in Rye. The renovations done were complete, thorough and tasteful in the Main building. The wrap around porch reminds one of yesteryear as the world goes by. The cottages were built ten years ago as ground up new construction. They include complete touch free exteriors, and full size brick wood burning fireplaces. The parking for all six luxury beach homes is plentiful with two specific parking spaces per unit and some guest space as well! Each home has a private little area to enjoy the breezes and sounds of the ocean. Enjoy the green space as the irrigated lawn is manicured and exceptional. Plenty of room for family and friends to gather with shade and privacy. Although current rents are not reflective of market rents in the area, the rental potential at this special piece of Rye is tremendous along with the potential use for family compound or condo conversion. We encourage qualified parties to inquire and view this once in a lifetime opportunity. See Listing Details & 55 images. Includes a Virtual Tour
$400,000 $110 per sq.ft. Somersworth NH Multi Family »
Number of Units 5 Total Sq. Ft. 3640 | Acres: 0.29Listed on Tuesday Jul 30, 2024
Description: Bring your own vision or use the current owners! Current owner had plans drawn up to turn this building into a stunning investment property. Plansinclude 4 residential units and 1 ground level retail space, as well as the future addition of 3 townhouse style units behind the current building. The large lot includesparking which is really valuable downtown. This building has been completely gutted and is ready to be transformed! See Listing Details & 18 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.
