Explore two stunning multi-family properties in Vermont, offering potential for investment or multi-generational living. These homes provide flexibility and space in scenic, welcoming communities. Dive into Vermont’s real estate market today! Check them out below.
When Modern Meets Classic | $375,000
Here is your opportunity to owner occupy this well maintained multi-family property right in the heart of Bellows Falls. A perfect blend of modern amenities and classic charm with original woodwork and large windows. This property stands out for its numerous upgrades and attention to detail. First floor unit boasts a remodeled kitchen with high efficiency appliances, ample storage and a primary bedroom with a half bathroom.
Size: 2,412 sf
Price: $375,000
Listing details: Additional upgrades include a direct vent hot air furnace, high efficiency hot water heater, garage doors and upgraded electrical. Two 150 amp electrical service panels. Large closets with a good amount of storage that you do not see often in older homes. Plenty of parking available on both sides of the home. Each unit has a separate entrance. Covered porch for the first floor unit and a balcony on the second floor unit. Conveniently located near schools, downtown shopping and restaurants. This beautifully upgraded home is ready for you to move in and start making new memories, all while offsetting costs with rental income.
Contact: Jessica Samples, Better Homes and Gardens, +1 802-376-2739
3180 Franklin Street | $895,000
Rare opportunity to own one of the larger buildings in the charming artisan town of Brandon VT. This high cashflow turnkey 10 unit property is being sold at a 10% cap, with an annualized NOI north of $80K, and consists of a 8plex (8x1br) and Duplex (2x2br) on one tax lot. The property is projected to yield over a 12% annual cash on cash return at current financing rates, and significant upside at sale. Situated on secluded lot away from the main road, with ample parking and outdoor space for residents to enjoy, the property rents quick when there is a rare vacancy. There is also significant upside on rents based on existing and legacy leases per rent roll.
Size: 7,700 sf
Price: $895,000
Listing details: Additional value can be added by subdividing the lots and selling the properties individually at exit. Units and buildings have been meticulously cared for and renovated, and held under the same ownership for a decade. A new owner can step in to enjoy the high cash flow and low maintenance expenses The duplex in the back of the property has been fully gut renovated, and the larger 8plex has had updates and renovations across most units. This low maintenance and energy efficient property features its own well and septic, as well as individualized propane heaters per unit – keeping annual costs lower than the average multifamily. Please download the OM for more information. Property is available as a package with other buildings across VT for a buyer looking for a larger portfolio. Listing Broker owns the property.
Contact: Michael Gilmana, +1 970-236-3100
