Investment Properties

21-25 Elmwood Avenue Burlington VT 05401

Burlington, VT21-25 Elmwood Avenue

Price$2,925,000

Est. Mortgage: $/month

MLS Number 4980375

  • Multifamily
  • Units 19
  • Acreage 0.26
  • Square Feet 9,987
  • PricePerSqFt 292.88

A 19-unit multi-family property in the heart of downtown Burlington, adjacent to the Federal Building/Post Office and within a block of Church Street, holds immense value due to its prime location. The consistent lack of vacancies speaks volumes about the desirability of these units, indicating a strong demand from potential tenants. The property's composition, including a stand-alone single-family 3-bedroom carriage house and the main building with 18 units (one used as a maintenance office), offers diversity and potential for different rental strategies. Moreover, the recent updates, such as the new boiler and hot water tanks, demonstrate a commitment to maintenance and modernization, making the property even more attractive to potential buyers. Given the scarcity of properties of this size and caliber in such a prime location, this opportunity could be highly sought-after by investors looking to capitalize on a stable, income-generating asset in downtown Burlington. Already a 8% cap rate with easy room for improvement.

Listed by Smith Macdonald Group of Coldwell Banker Carlson Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 7.02% last updated on May 16, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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16-18 Lincoln Street Essex Junction VT 05452

Essex Junction, VT16-18 Lincoln Street

Price$2,800,000

Est. Mortgage: $/month

MLS Number 4905800

  • Multifamily
  • Units 4
  • Acreage 0.48
  • Square Feet 7,824
  • PricePerSqFt 357.87

Location, location, location! Located in the Village Center Zoning offering endless opportunities. Currently featuring a 4 bedroom home, 3600 sq ft commercial space with 2 bedroom apartment above and a commercial garage/office space behind. Road frontage on both Lincoln Street and School Street and some open land for potential future development. Don't miss this opportunity in Essex Junction right at Five Corners.

Listed by The Nancy Jenkins Team of Nancy Jenkins Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 7.02% last updated on May 16, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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61 Elmwood Avenue Burlington VT 05401

Burlington, VT61 Elmwood Avenue

Price$2,395,000

Est. Mortgage: $/month

MLS Number 4980374

  • Multifamily
  • Units 16
  • Bathroom 16
  • Acreage 0.3
  • Square Feet 8,736

The location offers many advantages with its proximity to essential amenities like Pearl Street, Church Street, the waterfront, universities and colleges, and the medical center. The setup of 16 one-bedroom condos with hardwood flooring and tile, along with off-street parking and laundry facilities, is attractive for tenants. The fact that the property is condominiumized is a significant advantage as it allows potential buyers to sell units individually, which can be a great selling point. Additionally, the ease of renting, managing, and maintaining the property makes it even more appealing. Properties in sought-after areas like this can indeed be rare finds. The location, amenities, and potential for future flexibility could make it a highly desirable investment for real estate investors. The current cap rate is 7%, with the ability to quickly increase the monthly rents within year one of ownership.

Listed by Smith Macdonald Group of Coldwell Banker Carlson Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 7.02% last updated on May 16, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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3 Merrill Lane Milton VT 05468

Milton, VT3 Merrill Lane

Price$1,500,000

Est. Mortgage: $/month

MLS Number 4976499

  • Multifamily
  • Units 6
  • Bathroom 6
  • Square Feet 6,576
  • PricePerSqFt 228.1

Introducing "Bear Creek I" - an exceptional investment opportunity in the heart of this vibrant town. This 6-unit condominium project seamlessly combines the best of community living and individual ownership. Whether you're looking to secure your financial future or make a quick return on your investment, "Bear Creek I" is tailor-made for you. Each of these 2-bedroom, 1.5-bath units is a haven for renters, featuring coveted amenities that make them highly sought-after. A private garage ensures your tenants vehicle is safe and sound, while ample storage space simplifies their life. Step out onto the back deck and savor peaceful moments and enjoy the convenience of in-unit washer/dryer hookups. The spacious and well-designed open floor plan, with approximately 1,100 square feet of living space in each unit, creates a welcoming atmosphere that's perfect for entertaining or simply relaxing. But what truly sets "Bear Creek I" apart is its flexibility. Purchase all six units as a package for a compelling addition to your rental portfolio or choose to sell individual units to suit your unique needs. Your options are as limitless as the potential returns. This prime location offers the best of town living, with everything you need just moments away. Don't miss out on this golden opportunity to own a piece of this wonderful town's future. Act now and make these desirable units at "Bear Creek I" your own - the choice is yours.

Listed by Blake Gintof of Signature Properties of Vermont

$
$
%
$/month over payments
Federal 30-year interest rate: 7.02% last updated on May 16, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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86 North Union Street Burlington VT 05401

Burlington, VT86 North Union Street

Price$1,500,000

Est. Mortgage: $/month

MLS Number 4991483

  • Multifamily
  • Units 3
  • Bathroom 3
  • Acreage 0.09
  • Square Feet 2,632

3 units, 10 bedrooms, 3 porches, coin operated laundry, 7 off street parking spaces- includes garage. Hardwoods everywhere! Some original built ins. Fully leased until May 2025-parental cosigns in place. No animals. Tenants pay for electric, gas heat, and internet. No smoking. 100% full. Tenants love the proximity to Downtown & UVM.

Listed by Chad Dion of Chad Dion Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 7.02% last updated on May 16, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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254 & 256-258 Pearl Street Burlington VT 05401

MLS Number 4994688

  • Multifamily
  • Units 4
  • Acreage 0.31
  • Square Feet 6,056
  • Utilities Cable - Available

Downtown mixed-use property with 2 buildings on 2 separate lots being sold as a package. Building 1 is a mixed-use property with a well-established dental office on the first floor and two 2-bedroom apartments on the second floor. The walk-up attic with impressive vaulted ceiling offers potential. Located right next to Pearl Street Beverage with plenty of parking spaces. Building 2 is a single-family home with 1,780 sq. ft., 2 bedrooms, 2 updated full bathrooms, attached garage, nice yard, and parking.

Listed by Lipkin Audette Team of Coldwell Banker Hickok and Boardman

$
$
%
$/month over payments
Federal 30-year interest rate: 7.02% last updated on May 16, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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692-694 Church Hill Road Charlotte VT 05445

Charlotte, VT692-694 Church Hill Road

Price$1,389,000

Est. Mortgage: $/month

MLS Number 4990265

  • Multifamily
  • Units 5
  • Bathroom 6
  • Acreage 3.75
  • Square Feet 6,614

Attention investors! Discover the magic of this historic landmark property in Charlotte featuring a beautifully updated 5-bedroom, 3-bath single-family home alongside a fully occupied 4-unit apartment building with an impressive cap rate! Impeccably maintained and thoughtfully upgraded, the main home showcases an oversized chef's kitchen with granite and stone countertops, hand-crafted maple cabinets, and a Hearthstone woodstove. French doors lead to a formal dining room with built-in glass cabinets that flows into a sunlit living room. You'll find refinished original wide-board pine floors and several Jotul propane heat stoves throughout this custom home. The flexible floor plan offers a main level office/bedroom with additional bedrooms including a primary suite on the 2nd floor, all with ample storage. Step outside to a back deck overlooking a pond, wooded acreage, mountain vistas, hundreds of perennials, 28 raised bed gardens, and a quintessential 2-story Vermont post & beam barn perfect for various activities - entertaining, yoga, events, art studio, or simply extra storage. The apartment building includes one 2-bedroom unit, two 1-bedrooms, and a studio, with plenty of parking for all including a 1-car garage. Enjoy country living yet close proximity to schools, hiking trails, and restaurants. Only 5 minutes away from the Charlotte beach on Lake Champlain, plus just 20 minutes from downtown Burlington. Don't miss the limitless possibilities this property affords!

Listed by Lipkin Audette Team of Coldwell Banker Hickok and Boardman

$
$
%
$/month over payments
Federal 30-year interest rate: 7.02% last updated on May 16, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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28-32 Park Street Burlington VT 05401

Burlington, VT28-32 Park Street

Price$1,350,000

Est. Mortgage: $/month

MLS Number 4983691

  • Multifamily
  • Units 6
  • Bathroom 6
  • Acreage 0.05
  • Square Feet 4,442

Burlington Investment property in incredible location. Rare opportunity to own a 10 bedroom, 6 unit multi-family in the heart of Burlington. Perched next to Battery Park and and a few blocks from Waterfront Park and Church Street, these units never have a vacancy. The building was fully rebuilt in the 1990's providing modern windows, siding, roof and interior finishes. The 4, two bedroom units sparkle with charm and offer 10 foot ceilings. Hardwood flooring and renovated kitchens throughout. This is a turn-key, income generating property, a must see for investors.

Listed by Erin Dupuis of Vermont Real Estate Company

$
$
%
$/month over payments
Federal 30-year interest rate: 7.02% last updated on May 16, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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13 Lakeview Terrace Burlington VT 05401

Burlington, VT13 Lakeview Terrace

Price$1,300,000

Est. Mortgage: $/month

MLS Number 4965053

  • Multifamily
  • Units 2
  • Bathroom 2
  • Acreage 0.08
  • Square Feet 1,579

Once in a lifetime opportunity to own a fantastic property nestled along the tranquil shores of Lake Champlain! This captivating residence offers an unparalleled blend of elegance, comfort, and natural beauty. Boasting panoramic views of the glistening waters and surrounding mountains, this lakeside retreat presents an exceptional opportunity for those seeking a harmonious blend of modern luxury and idyllic serenity. Not only can you enjoy the beautiful lake, but you're walking distance to Downtown Burlington, Battery Park, shopping, restaurants, breweries, shopping, entertainment and more! With two units, this is the perfect opportunity to occupy one (either year round or as a seasonal retreat!) and rent the other, or rent both for a sensational portfolio boost! This property is currently in use as a highly sought after AirBnB with fantastic income potential! Don't miss your chance to own this exceptional lakeside residence!

Listed by Hank Gintof Jr. of Signature Properties of Vermont

$
$
%
$/month over payments
Federal 30-year interest rate: 7.02% last updated on May 16, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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1761 North Road Hinesburg VT 05461

Hinesburg, VT1761 North Road

Price$1,199,000

Est. Mortgage: $/month

MLS Number 4995570

  • Multifamily
  • Units 2
  • Acreage 3.27
  • Square Feet 2,420
  • Area Rural

Unique opportunity to own a secluded 3.27 lot with horse barn, detached garage and huge contractors heated shop with lift. If you're looking for privacy this is a great place. Access to wooded trails and close to town. Lots of finished, flexible space. Current home could be large single family home with apt over garage while currently the downstairs is used as a rental but easily could be reverted to a single family. Lots of room for equipment and or toys. Heated workshop is 30x40 with 16' ceiling. Double wide has been completely remodeled and updated. First floor primary bedroom with large walk-in shower. Laminate wood floors. Garage has finished space over it as well. Lots of potential for this contractors home.

Listed by Brian French of Brian French Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 7.02% last updated on May 16, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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 May 18, 2024 12:23 PM EDT