Buying a multi family home in Montpelier is a great way for the owner to build equity while collecting a monthly stream of income. Sizes range from 2-3 family to small apartment buildings and you’ll also find some development sites. Explore currently listed multi family properties in Montpelier VT below. You may also like to view all available multi family homes in Central Vermont.
Call Heney Realtors at 800-696-1456 or contact us online with questions or to see any of these properties in person.
Save time! Create an account to save your favorite listings and get notified when similar properties become available.
Price$275,000
Est. Mortgage: $/month
MLS Number 4884777
Great investment opportunity near downtown Montpelier. Possible 1-2 bedroom on first floor with renovations and 4 bedroom apartment upstairs. 1 block away for public parking lot. Trails nearby and shopping at Hunger Mt. Coop.
Listed by Tina Golon of BHHS Vermont Realty Group/Waterbury
Virtual TourSave FavoriteSchedule TourAsk A QuestionMore Details
Price$574,900
Est. Mortgage: $/month
MLS Number 4883589
Mansion in the mountains with BEAUTIFUL views. It has a magical view of the leaves changing colors, mountains in the background and deer on the front lawn. The great quality custom made main house has 3 beds and 2 1/2 baths. Featuring a private bathroom in master bed with walk in shower. The main bathroom has custom made stain glass light fixtures, double sinks and a glass tub enclosure. The kitchen has a new stainless fridge with ice and water, a new stainless convection oven, a new over the range stainless microwave with fan. Newly refinished counter tops and custom real wood kitchen cabinets. The house features an open design with lots of windows and natural light. There is an oil furnace with baseboard heat. Dining room with chandelier, large living room with fire place and a large room/den/office with hardwood floors, large stained glass window and large air conditioner. It would be a great room for working from home. Central vac. Laundry room with washer, dryer and 1/2 bath for pool users. A 32x32 fenced in newly painted custom made in-ground pool with beautiful landscaping. Heated 2 car garage with door opener. Large shed. Area in back for garden or playground. It also has a 1 bed 1 bath Mother in law apartment with sperate electric and a sperate entrance located in the basement. It features a large bedroom with a fire place. The living room has a custom brick bar. The kitchen has a fridge, stove, over the range microwave, dish washer. Was rented for $850 month.
Listed by Jason Saphire of www.EntryOnly.com
Price$269,000
Est. Mortgage: $/month
MLS Number 4880282
Solid Montpelier three-unit on the market! Consists of three floors of apartments. The first floor is a nicely updated two bedroom unit. Second floor is also nicely updated, and also two bedrooms. The third floor is a one bedroom unit with a long term tenant. It's a good unit, just hasn't been updated quite as recently. Tenants pay their own heat. Unit 3 pays its own electric, Units 1 and 2 share a meter and electric is included. The expensive investments have been made to this building already including vinyl siding, replacement windows, architectural shingle roof, spray foam in basement, electrical, and more. Off-street parking in back. Gross rents are $26,700 with over $16,000 in net operating income. Easy access to downtown Montpelier, Barre, shopping/restaurants along the Barre-Montpelier Road, Berlin Corners, 89, and the hospital. Operating expenses in listing includes property taxes.
Listed by Ray Mikus of Green Light Real Estate
Virtual TourSave FavoriteSchedule TourAsk A QuestionMore Details
Price$398,000
Est. Mortgage: $/month
MLS Number 4877103
Amazing Opportunity for owner occupied and investors- this 3,300+/- square foot building offers 3 units. Potential for expansion with partially finished 3rd story. The lot is level. A gravel driveway to the rear portion of the land provides access to parking. Centrally located and zoned mixed use residential, this solid investment opportunity will not be available long. Don't miss this great opportunity!
Listed by Brian Armstrong and Cole Elwood of KW Vermont
Virtual TourSave FavoriteSchedule TourAsk A QuestionMore Details
Price$900,000
Est. Mortgage: $/month
MLS Number 4868060
Nine good units, with plenty of parking in the heart of Montpelier. This multifamily package consists of three buildings and two building lots. 52 has four one-bedroom units. Both upstairs units have access to the full attic. Landlord pays heat for 52. Additional living space or bedrooms? The downstairs units have access to the basement for storage. 56 has a 4-bedroom and two 2-bedroom units. The 2-bedroom units were completely redone by Clar Construction in the past few years, including wood floors, new kitchens, bathrooms, heat pumps, everything. Please note that the current owner has structured such that one of the 2-bedrooms in 56 works as the "super" in exchange for rent and utilities. Tenants (except the super) pay heat and electricity for 56. 68 has two 3-bedroom units, each with access to the full attic and basement. Tenants pay heat and electricity in 68. These units are easy to rent. The property is, and usually is, fully rented. Many long term tenants, including some who have been there for 20 years or more. The buildings are in differing condition. A couple units in 52 could benefit from updating, but the rest are fine/very good. Rents have not been raised in a couple years, opportunity to increase rents throughout, even more so if rooms are added. Also included are two adjacent lots. More multis? Storage? Single family? Being offered as a package. Serious inquiries only. See attachments for financial details.
Listed by Ray Mikus of Green Light Real Estate
Virtual TourSave FavoriteSchedule TourAsk A QuestionMore Details
Price$250,000
Est. Mortgage: $/month
MLS Number 4861015
Development rights to construct 24 units in Montpelier in a very desirable area. 12 units were built in the early 90's and 24 units remain to be built. Call for permit status. Span # for just the units are not known as this parcel doesn't show up on the city tax map as separate from a recreation easement area. Book & page are partial information for how the parcel's development rights were obtained. Other deeds may be relevant. Square footage, garage, # bedroom units, etc are not accurate but are mandatory fields.
Listed by James Fecteau of Fecteau Real Estate
Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. 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 October 19, 2021.
