Home For Sale near Lake Champlain - Chittenden County
Turnkey Investment Opportunity! This rare 10-acre multifamily portfolio includes five duplexes, each offering over 1,500 sq. ft. of heated space plus full basements. Each sub-unit features 2 bedrooms and 1 bath, ideal for consistent occupancy and easy management. The property is fully rented, with a resident manager on-site and all tenants on month-to-month agreements, allowing for immediate rent growth or repositioning. Well-maintained and privately owned since the 1970s, the complex has strong rental history and long-term tenants. Major improvements include new furnaces (2015-2016), oil tanks (2015-2017), vinyl siding (2007), steel roofs (2008), updated water system (2021), septic upgrade (2022), new well pump (2023), and new rear decks (2024-2025). The 11' x 11' pump house was rebuilt this month, ensuring smooth operations. Located in a quiet rural setting yet minutes to local amenities, schools, and major routes, this well-cared-for property offers the best of both worlds--privacy for tenants and convenience for management. With low vacancy history, strong demand, and room for future development or rent optimization, this is a rare chance to acquire a high-performing, low-maintenance portfolio positioned for long-term appreciation and reliable returns. With solid infrastructure, flexible tenancy, this is a proven, cash-flowing asset with significant upside potential for a stable, long-held multifamily property in a strong rental market.Property Details
- Beds: 16
- Baths: 8.0
- Sq Feet: 7680
- Year Built: 1970
- Location: Lake Champlain - Chittenden County
- Acres: 10.000
- County: Chittenden County
- Heat/AC: Forced Air, Oil
- Roof: Metal
- Stories: 1
- Property Taxes: $21,714
- MLS #: 5068967
Location
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Contact Information:
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Listing Agent: Blake Gintof, Signature Properties Of Vermont, 802-871-8881, 802-871-8881 Listing Site, Listing Status: Active
Copyright © 2025 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Ad Statistics:
| Ad Number : | 7150480 |
| Viewed: | 24 times |
| Added: | Dec 31, 2025 |
| Updated on: | Dec 31, 2025 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
