Price$2,300,000
Est. Mortgage: $/month
MLS Number 4996655
Over a 10% cap rate on this 18 units with 31 bedrooms! The five buildings sit on 2.05 acres. Most of the units have been completely gutted and redone with all new electrical, plumbing, flooring, kitchens & baths.
Listed by Chad Dion of Chad Dion Real Estate
Price$1,950,000
Est. Mortgage: $/month
MLS Number 5020997
Turn-key, 10-unit downtown Burlington investment opportunity! Two buildings consisting of a 7-unit multi-family and a 3-unit multi-family are being sold together. Fully occupied in a terrific location with off-street parking, these are great rentals with a mix of studio, one-, two-, and three-bedroom apartments. Sellers have made significant recent upgrades, including all new windows and hot water heaters at the 58-60 property, new electric meters at the 62 property, new decks and porches for both properties, and a newly paved driveway and parking lot. Desirable location close to colleges, the hospital, and downtown! Well maintained with a great rental history.
Listed by Dave Kleh of KW Vermont
Price$1,398,000
Est. Mortgage: $/month
MLS Number 5014076
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
Price$1,300,000
Est. Mortgage: $/month
MLS Number 4976499
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
Price$1,295,000
Est. Mortgage: $/month
MLS Number 4983691
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
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Price$1,100,000
Est. Mortgage: $/month
MLS Number 5015094
Great investment opportunity! Welcome to Jericho's newest townhomes. A chance to own this four-unit development. Keep all four units as investment properties or keep some and sell the others. Condo conversion paperwork started. This project consists of 4 lovely light-filled units that were built in 2019. An open first floor plan includes a spacious kitchen, dining area, half bathroom, and large living room. A large slider steps out to a private deck and spacious back yard. Upstairs are two bedrooms with large closets and a full bathroom. The unfinished full basement provides laundry with an included washer and dryer and over 600 square feet of additional storage space. There is plenty of off-street parking, a raised bed garden area, and lots of room with the shared common acreage. Close to all that Jericho has to offer.
Listed by David Raphael of Artisan Realty of Vermont
Price$1,050,000
Est. Mortgage: $/month
MLS Number 5021247
Location, location, location! Fantastic two-building, 5-unit investment property in close proximity to UVM, UVM Medical Center, and downtown Burlington! 7 Fletcher Place, the largest of the two buildings, houses 3 of the rental units. Off the front porch, access unit 1 on the first floor, comprised of 2 bedrooms, an updated ¾ bathroom, and open-concept living/dining/kitchen area. Upstairs, unit 2 is a 2 bed, 1 bath, offering a bright kitchen/dining room with granite countertops and stainless appliances, welcoming living space, and 2 bonus spaces. The 1 bed, 1 bath 3rd unit of this building has a private entrance at the rear and offers a convenient mudroom area, open-concept living/dining/kitchen. The basement of 7 Fletcher has 2 washers and dryers, currently free for all tenants, and storage space. On the same lot, 11 Fletcher Place sits next door and is comprised of 2 additional rental units, both beautifully renovated with separate utilities, including mini spits! The 1 bed, ¾ bath upper unit includes a bright living room and fantastic eat-in kitchen with stainless appliances. The lower studio unit features a bright kitchen with granite countertops and ¾ bathroom with marble countertops. Tenants pay all utilities- see utility information document for more details. Fully rented out, this low-maintenance property with a desirable 6.59% cap rate is a must-see for investors!
Listed by Elise Polli of Polli Properties
Price$949,900
Est. Mortgage: $/month
MLS Number 5014007
INVEST AND SAVE! Reap the benefits of owning this 4 unit multi family home in Burlington. This property offers great rental opportunities with a 3 bedroom, 2 bedroom and two 1 bedroom units. The two first floor units have the convenience of a shared laundry room. Also included is a second lot currently being used as a parking lot for the building but could possibly be built on, buyer to confirm with city. Enjoy the convenience to downtown Burlington, Winooski, UVM, the Bus Route, Lake Champlain and so much more!
Listed by Shannon Marcelino of The Marcelino Team
Price$899,000
Est. Mortgage: $/month
MLS Number 5014073
Large, 4,276-SF, 3-unit mixed-use property with a well-established dental office on the first floor. The second floor offers two spacious 2-bedroom apartments with potential to expand into the expansive walk-up attic with vaulted ceiling. Tenants pay heat and electricity. Unbeatable downtown location with plenty of parking and a strong upside on rents.
Listed by Lipkin Audette Team of Coldwell Banker Hickok and Boardman
Price$849,900
Est. Mortgage: $/month
MLS Number 5014955
Turn key 3 unit commercial building that has great potential for residential conversion on upper three floors. The lower level has a long established barbershop with consistent rental stream and share in maintenance/utility cost. The first floor is currently a self-contained office unit with a reception area, half bath, 2 offices and a conference room. This office sets up nicely for a 3 bed conversion by adding shower to the half bath and kitchen to the reception area. The second and third floor are currently as combined office unit with half bath four offices/conference rooms and large third floor used as additional office space and file storage. The second and third floor sets up for a four bed with shower added to half bath on the second floor and the third floor as living room/kitchen. The site has 12 off street parking spaces. Located in the heart of downtown attractive for tenants to get to the waterfront, UVM, Church Street, Medical Center, etc..Great opportunity and a great return for the right investor.
Listed by Robert Foley of Flat Fee Real Estate
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 December 4, 2024 10:10 AM EST
