You are viewing all listings Multi Family Homes between $250000 and $500000 dollars.
Under Contract
$290,000 $109 per sq.ft. Rutland City VT Multi Family »
Price Change! Reduced by $60,000 down 21% on October 29th 2024
Number of Units 3 Total Sq. Ft. 2652 | Acres: 0.25
Listed on Wednesday Jul 10, 2024
Description: Located in Rutland City is this well-maintained 3-unit multi-family property that offers an opportunity for both investors and those looking to find a new home where they can live in one unit and offset their mortgage with the other two units. The building features two 1-bedroom units and one 2-bedroom unit as well as a detached 3 bay garage. Each unit has hardwood floors that add warmth and character, making every space inviting and comfortable. The separately metered electric and individual boilers allow for easy management and reduced overhead costs. Call to schedule your showing today! See Listing Details & 18 images.
$299,500 $99 per sq.ft. Rutland City VT Multi Family »
Price Change! Reduced by $50,500 down 17% on November 7th 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.
$319,000 $127 per sq.ft. Rutland City VT Multi Family »
Price Change! Reduced by $31,000 down 10% on October 1st 2024
Number of Units 2 Total Sq. Ft. 2521 | Acres: 0.19
Listed on Saturday Jun 15, 2024
Description: RUTLAND CITY: Spacious 4-5 bedrooms, Single family or 2-unit, recently brought up to code for 2-unit. New kitchen in 2020, on 1st floor valued at $66,000, hardwood floors, fireplace in living room, damper doesn't work, 1st floor bedroom, 2nd floor has 3 bedrooms, kitchen, living room and 1 1/2 baths. New 1st floor shower in 2022 and new shower/toilet in 2nd floor apartment. Attic/3rd floor was used as a bedroom and family room. Property had an Efficiency Vermont energy audit, is well insulated and has replacement windows, along with dry basement. Boiler was new in 2019 and asphault roof was new in 2022. Convenient city lot, close to downtown, with 1-car detached garage. Less than 1/2 mile to Rutland Country Club, outskirts of city, near shopping, restaurants, skiing, airport and hospital. Won't last long, call for an appointment. See Listing Details & 22 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.
New Listing!
$345,000 $116 per sq.ft. Rutland City VT Multi Family »
Number of Units 4 Total Sq. Ft. 2968 | Acres: 0.22Listed on Monday Nov 18, 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 north of a 10.5% cap rate based on current numbers. Units and exteriors have been renovated in the last year. A new owner can step into to this turnkey investment, projected to yield over a 13% cash on cash return (75% financing assumed but some banks will go north of 90%) starting year 1 based on current numbers to realize significant returns from cash-flow vs speculation. Rents can be brought to market to achieve closer to a 20% cash on cash return. 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 Fed easing, 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.
$348,000 $111 per sq.ft. Rutland City VT Multi Family »
Number of Units 4 Total Sq. Ft. 3139 | Acres: 0.17Listed 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 2 (soon to be 3) of the 4 units. Unit 2 was recently vacated and is receiving a facelift prior to new tenant placement. There is potential for more income provided by a large 2.5-story garage on the property, that was previously rented monthly for storage. 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 12% 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.
$369,000 $83 per sq.ft. Rutland City VT Multi Family »
Price Change! Reduced by $30,000 down 8% on October 11th 2024
Number of Units 4 Total Sq. Ft. 4460 | Acres: 0.24
Listed 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 $39,000. 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.
$395,000 $158 per sq.ft. Rutland City VT Multi Family »
Number of Units 3 Total Sq. Ft. 2499 | Acres: 0.22Listed on Thursday Oct 3, 2024
Description: Three unit apartment house. Units consist of a two+ bedrooms, a two bedroom and a one bedroom. Corner lot. Rents are below market value. Tenants are month to month. The two+ apartment is presently vacant. One car garage. Showing to start October 7 See Listing Details & 26 images.
$479,000 $123 per sq.ft. Rutland City VT Multi Family »
Number of Units 8 Total Sq. Ft. 3896 | Acres: 0.11Listed on Tuesday Oct 8, 2024
Description: 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. See Listing Details & 25 images.
Under Contract
$435,000 $128 per sq.ft. Village of Cuttingsville in Town of Shrewsbury VT Multi Family »
Waterfront on River Mill RiverNumber of Units 2 Total Sq. Ft. 3396 | Acres: 1.1
Listed on Saturday Mar 23, 2024
Description: Circa 1850 stately Colonial featuring both front and back two-story units, each with unique character. The front unit, the smaller of the two, offers two bedrooms and a full bath on the second floor and an eat-in kitchen and a spacious living room adorned with original hardwood floors and elegant pocket doors on the main floor.The back unit presents four bedrooms and two full baths, showcasing exquisite period details throughout, including hardwood floors, a beautiful stained glass window, curved plaster walls, and an ornate fireplace (currently sealed) in the parlor. The renovated eat-in kitchen is complemented by a charming butler's pantry complete with original cabinetry. The comfortable family room leads to a deck overlooking the expansive flat backyard, bordered by the Mill River. The property also has a workshop and ample parking. Its location in the small village of Cuttingsville offers the convenience of quick access to Rutland for shopping, airport facilities, and medical services, while still being just minutes away from many recreational opportunities, including skiing, golfing, and hiking. Whether you choose to live in one unit and rent the other, or utilize both as income-generating rental units, this distinctive residence offers a truly unique opportunity to experience the best of Vermont living. See Listing Details & 43 images. Includes a Virtual Tour
$299,900 $104 per sq.ft. Somersworth NH Multi Family »
Number of Units 2 Total Sq. Ft. 2891 | Acres: 0.1Listed on Thursday Oct 24, 2024
Description: See Listing Details & 34 images.
$349,900 $177 per sq.ft. Somersworth NH Multi Family »
Number of Units 2 Total Sq. Ft. 1981 | Acres: 0.05Listed on Monday Oct 21, 2024
Description: Each unit has 2 bedrooms and 1 bathroom, and each has a sunny private closed-in porch. Separate utilities make this property great for Investors, along with plenty of off street parking. Unit 1 is move in ready and currently owner occupied. Unit 2 has a separate locked storage area on the porch. Great location as its close to downtown Somersworth, Route 16, and Maine. Terrific opportunity to own! Great investment property or chance to owner occupy! Showings being on Sunday 10/27 from 11-1 by appointment. See Listing Details & 26 images.
$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.
$499,900 $250 per sq.ft. Somersworth NH Multi Family »
Number of Units 2 Total Sq. Ft. 2000 | Acres: 0.37Listed on Monday Sep 30, 2024
Description: GOOD MONEY MAKER....This Duplex is in great condition. 1st floor unit is rented for $2,600, 2 car garage is rented for $750, 2nd floor unit will rent for $2,200, 1 car garage will rent for $250. These are all monthly rents. Building has been rehabed down to the studs with all new sheetrock throughout. Very good appliances, stackable laundry in each unit. Need 48 hour notice to show 1st floor unit. See Listing Details & 20 images.
$275,000 $110 per sq.ft. Springfield VT Multi Family »
Number of Units 2 Total Sq. Ft. 2496 | Acres: 0.13Listed on Monday Aug 26, 2024
Description: Open House on September 7 from 12 - 2 PM. On the corner of Union St. and Craigue Hill Rd in the charming town of Springfield, VT, this versatile duplex is a prime investment opportunity. Featuring two spacious 2-bedroom apartments each with a separate bonus room, separate electric meter and fully applianced kitchens, this home offers both comfort and convenience. The units are currently rented to reliable tenants, providing immediate income stability. A bonus studio office space separate from the two units, adds flexibility for work-from-home needs or potential additional rental income. The property has an easy-access paved flat driveway with a large parking area, ensuring easy parking for tenants and visitors alike. A newly installed roof (just 2 years old) and several recent updates enhance the property's appeal and reduce future maintenance concerns. With all utility costs and recent improvements readily available and tenants already in place, this is a turnkey investment in a desirable location. Don't miss out on this opportunity to own a well-maintained property in Springfield! See Listing Details & 40 images.
