Investment Properties

MLS Number 4905800

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

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

MLS Number 4942613

• Multifamily
• Bathroom 4
• Units 3
• Square Feet 2,816
• Acreage 0.15

Wonderful Burlington, VT North End investment opportunity! With both a duplex-style and a single-family style building located on the same .15 /- acre lot, the property consists of 3 living units that share a huge driveway and parking area. All units are currently leased. The current gross income is $105,600 per year with total tax and operating expenses of $19,053 per year. By June 1, 2023, the seller anticipates income of $111,000 with a net of $91,947 for a cap rate at list price of almost 7%. The duplex features two 3-bedroom apartments with a basement storage area. The single-family style building is located at the back of the lot and offers 4 bedrooms, 2 bathrooms, a nice living area, a big kitchen, and a lovely front deck. Both buildings share a small yard with picnic benches for the tenants' shared enjoyment. Off-street parking is never an issue with the large driveway. Seller has historically repainted and made repairs to the units at each tenant changeout, and the units are in good condition. Seller is in the process of requesting an updated rental compliance inspection. Rental registry is due April 1. A new roof was installed on the duplex in 2021. Seller had 50% of the duplex exterior and 75% of the single-family exterior painted in 2020. The property is just before the intersection of Ward Street and North Ave. Easy access to the bus service, UVM, Champlain College, and hospital.

Listed by Curtis Trousdale and Michael Wrobel of Preferred Properties

MLS Number 4933091

• Multifamily
• Units 3
• Bathroom 4
• Acreage 4.1
• Square Feet 3,602

Attention investors & developers! Two buildings on 4.1 acres with potential to double the number of units! Currently a single-family colonial and raised ranch-style duplex - both with 2-car garages and plenty of flat yard surrounded by mature trees. Long-term tenants with rent increases starting January 2023. Public water, separate septic, & recently serviced heating systems. Great short term enhanced development and revenue, and potential long-term enhanced development and revenue. Roof on 186 Colchester Rd is newer. Good location on the corner of Susie Wilson Road and Route 2 just minutes to all Essex amenities and just 15 minutes to Burlington.

Listed by Lipkin Audette Team of Coldwell Banker Hickok and Boardman

MLS Number 4942342

• Multifamily
• Units 3
• Bathroom 3
• Acreage 0.15
• Square Feet 3,067

Excellent location near downtown and UVM. Solid building with great cash flow. Coin op laundry, porch, deck and good parking are a few of the special features. Rents have room to grow.

Listed by Charles C. Burns and Cynthia Burns of BHHS Vermont Realty Group/Burlington

MLS Number 4944745

• Multifamily
• Units 2
• Bathroom 2
• Acreage 0.11
• Square Feet 2,352

Built as a two family home, this well-maintained duplex is situated in a wonderful, convenient location. There are two separate entrances for the units as well as a separate staircase to the basement, where new washers and dryers are stationed. Each unit is a 2 bedroom 1 bathroom, with a dedicated dining room and living room space, along with hardwood floors throughout and updated bathrooms. The property still boasts charm from the 1920's, with built-ins, original trim and doors, beautiful wood details and double-hung windows. The full, walk-up attic is easily accessed from the second floor unit and is unfinished but could be remodeled to include an office, guest suite or bonus room. Both units have expansive front porches and smaller back porches. The garage is a two car garage and there is plenty of off-street parking. This could be a great property to be owner occupied while listing the other unit as short term rental.

Listed by Derek Eisenberg of Continental Real Estate Group,Inc.

MLS Number 4946075

• Multifamily
• Units 5
• Acreage 0.97
• Square Feet 3,640

Wonderful Investment opportunity with this 5-unit multi-family property AND .42 approved building lot in a desirable Winooski neighborhood. This building is fully rented with potential to increase current rental income. Property has been well maintained with numerous updates over the years. Included in the sale is very rare opportunity to purchase an open lot in Winooski. This property sits next to Landry Park and very close to the Myers Memorial Pool providing ample of options for outdoor enjoyment close to home. Conveniently located just minutes from Downtown Winooski offering shopping, retail and plentiful restaurants.

Listed by Erin Dupuis of Vermont Real Estate Company

MLS Number 4938757

• Multifamily
• Units 3
• Bathroom 3
• Acreage 0.08
• Square Feet 3,638

More than a neighborhood market, this property is a piece of Winooski history. Started in the 1940's, Chick's Market has been a community hub in Winooski for many people. Own your slice of Winooski with this market and two 2 bedroom rental units. The first floor market is equipped with a full kitchen perfect for a deli or takeout. Built in coolers line the walls as well as a large storage area for goods. Bathroom located towards the back of the store. The possibilities are endless for this space in a prime Winooski location! Basement floor has a full bath and kitchen with laminate floors. Second floor houses the first of two 2 bedroom apartments. Light filled with many windows, this apartment has laminate floors and an open living and kitchen area. Full bathroom and laundry hook up are also within the unit. Second 2 bedroom full bathroom apartment has a unique wood paneled ceiling with skylights. Open floor plan with large eat in kitchen and laminate floors. Full bathroom, laundry hook ups available as well as a separate entrance into the apartment. Attached driveway located next to the building for parking. Building is positioned in the heart of Winooski, central to restaurants, shopping and the Winooski River. Minutes to Burlington, colleges and I89, super walkable and convenient location. Great investment opportunity and chance to own a piece of history!

Listed by The Gardner Group and Jason Lefebvre of RE/MAX North Professionals