Looking for an investment property on the Vineyard? Scroll down to view currently listed Martha's Vineyard multifamily properties. Contact Sandpiper Realty if you would like more information about any of the listings on our site. Register with our site to stay up to date on your favorite properties.
Looking for love: This classic Greek Revival in the William Street Historic District is a diamond-in-the-rough awaiting restoration to its former glory. The potential abounds: Maintain the three pre-existing living units or refashion the premises into a grand single family home. Incorporate a professional home office, if you wish. Turn the lofty, unfinished attic into a 3rd story living space. If you recreate a single family home, add a guest house in the generous backyard with the towering Catawba trees and antique ballast stone fence. The septic system was upgraded and certified for 6 bedrooms in 2011. This project lover's opportunity can become one of William Street's finest properties, in walking distance to all the conveniences of town and harbor. Priced below assessed value. To be sold "as is." Architectural drawings for a three-unit renovation are included in the sale.
2 HOME Katama Compound! Investment or Year Round this gracious very well cared for home is situated on an acre of land. It offers generous spaces for comfort and amenities. Living, dining and kitchen, 2 fireplaces, 2 master bedroom suites, walk in closet with so much more along with 60 feet of back deck overlooking a beautiful back yard. 2 car garage, shed and a Gazebo. This is an exceptional opportunity as this is 2 full homes included at this price. See LINK ID # 26978. A half mile to South Beach, steps to the bike paths and under 2 miles to the village. Live in one - rent the other or enjoy this expansive compound with friends and family!
Live the Vineyard dream and be the master of all you survey...Menemsha Pond, Vineyard Sound and Gay Head. Two houses on two gracious acres in exclusive Flanders Lane location, with lily pond, brook, paths through grapes and blueberries, access to private beach and within walking distance to Menemsha's sunsets and seafood. Both houses are flat roofed, Japanese inspired, mid-century classics. The larger one offers glass enclosed dining area, cedar lined living room, two bedrooms, outdoor shower plus a broad deck to enjoy the view. A smaller modernist guest house with one full bath can sleep four. Guest house is entirely self-contained yet is accessible from the main house by a charming foot bridge over the stream. Designed by Billy Smull, a pioneering post-war architect, the house and land carry fifty years of artistic and poetic inspiration, memorialized in the poem "All Here Are On Vacation" written by the father of current owner.
30 acre compound in Chilmark. Rare acreage with stunning views over the Atlantic Ocean, No-Mans Land and Squibnocket point. Three existing homes privately located on separate lots as well as two additional building lots, and a private tennis court. Each home offers its own aesthetic and orientation with substantial acreage and privacy:- The contemporary home has 180 degree views of the south shore that are unparalleled. The second home, a traditional style home on 11 acres, offers one level living, perennial gardens and herbs, rolling meadows and a private tennis court. A new owner could achieve strong views from a second floor addition or renovation. There is also a modest but charming home on a smaller lot with three bedrooms and two baths which also has little water views. This home faces south west for loads of natural sunlight and a pleasant open floor plan. This could be a great caretakers home or sweet little guest quarters. Lastly there are two separate buildable lots both of significant acreage, one is 4 acres and the other is 7 acres. Also available for purchase is a Black Point Beach key which can be coupled with one of the properties or sold independently.
House and Guesthouse situated on almost an acre of private wooded land with lots of ornamentals, flowers, and surrounding woodlands. Each residence is clean and comfortable with interior designs that offer bright open living/dining/kitchen areas along with intimate settings. The guesthouse sweet as can be and even has a walkout basement. Property is in Vineyard Hills, a private community with protective covenants, conservation land and DEEDED BEACH rights to a sandy Lagoon Pond Beach. Excellent tenants and rental history!
CHARMING ARTS DISTRICT BUNGALOW WITH BUSINESS USE AND EXPANSION POTENTIAL. Here's the perfect opportunity to live and/or work in the popular Oak Bluffs Arts District. This unique property is comprised of a charming 2-bedroom, 1-bath bungalow that has been renovated with an artistic eye PLUS a pre-existing structure (currently non-habitable) that can be entirely rebuilt as a second dwelling with another bedroom/bath. Proposed architectural plans/drawings are available and included. The cottage-style residence has been upgraded with new electrical wiring, new windows AND an updated kitchen and bath with stylish touches. Bring your creative ideas and have them come to fruition. This property offers a myriad of great possibilities!
Located close to the town of Edgartown sits this main house and a one bedroom detached garage apartment. The main house has a large living room, dining room and kitchen on the first level. The second level has two bedrooms and one full bath. There is a finished basement with two rooms and cedar closet. The garage apartment has an open living room/ dining/ kitchen area and one bath. Both homes are heated by propane monitor with electric back up heat.
Very special in-town property offers flexible use of both commercial and residential options. Presently a restored bungalow residence with NEW ELECTRIC, WIRING, WINDOWS and RENOVATED KITCHEN and BATHROOM is situated in a B-1 zone and includes a separate dilapidated structure that can be rebuilt with another bedroom along with commercial opportunity. A super location and a must see!
Two houses - 7 Bedrooms - Over 1 Acre! Main house and guest house situated on over 1 acre in the lovely Smith Hollow neighborhood. Main dwelling is 1,547 s.f and offers open floor plan with 4 bedrooms and 2 baths - Guest house is 1,050 s.f. with 3 bedrooms and 2 baths. Both are in excellent condition and are nicely separated providing privacy. Excellent opportunity for the investor or ample room for the extended family! *Square footage, total rooms and bedroom/bath numbers above are main and guest house combined.
GREAT INCOME PRODUCER OR MULTI-FAMILY HOME: LIVE IN ONE and RENT THE OTHER! STYLISH CONTEMPORARY FARMHOUSE WITH 1-BEDROOM/1.5-BATH APARTMENT! Located in a quiet neighborhood off Eastville Avenue, this stylish contemporary farmhouse with an attached 1-bedroom apartment is a unique and exceptional income opportunity! The first floor of the Main House is comprised of open-designed living spaces with charming touches such as painted hardwood floors, beaded board paneling and a stunning custom stone fireplace. The handsome cook's kitchen features custom concrete countertops with breakfast bar and stainless appliances - and the adjacent dining area opens up onto a sunny deck for outdoor dining and enjoyment. The second floor is comprised of a spacious Master Bedroom plus another bedroom and full bath with tub/shower. The Main House also has a finished basement with additional living and storage areas plus another full bath. The attached 1-Bedroom/1.5-Bath Apartment has its own private entrance and also features two floors of comfortable living space. The first floor consists of a Family Room/Den with half-bath and laundry; the second floor is comprised of a sunny Living Room and eat-in kitchen plus a bedroom and full bath. The home is sited on a lovely landscaped yard with lots of privacy and a garden shed. NOTE: Main House furnishings available for TURNKEY opportunity.
Unique two-family property close to Tradewinds and the Oak Bluffs School. Two side-by side two-bedroom apartments with woodfloors throughout. Each apartment has it's own yard, large deck and own entrance. Both are separately metered. Great opportunity for an extended family, to use as a vacation home or live in one side and rent out the other. Broker is related to Seller. Notice needed for showing.
Outstanding Water-view Home with fully-autonomous Guesthouse. Built by South Mountain Company, this property is the result of a remarkable collaboration between a gifted owner and a top-notch design-build company. The home is state-of-the-art, while fitting seamlessly into its vintage neighborhood. Both house and guesthouse offer gorgeous finish details. The house has 4-bedrooms and 4.5 baths, open living spaces, media, sound and exercise rooms and views of Sunset Lake, the Harbor and the Sound. The guesthouse faces the back street and has two-more bedrooms, two baths, an eat-in kitchen, vaulted ceilings with exposed timber trusses, and a propane "wood stove". It is handsome, comfortable, and offers a touch of whimsy. Both homes are completely landscaped with multi-level stone patios and beautiful plantings; and both are within walking distance of beaches, boating, dockside fun, shops, restaurants, parks and entertainment. This is a unique property that should be seen by all discerning buyers.
TWO GOOD TO BE TRUE: EDGARTOWN VILLAGE LUXURY COTTAGE COMPOUND. Located on a lightly traveled lane in the heart of Edgartown Village, these two smartly renovated cottage-style homes blend classic architectural styling with luxury features and amenities. Chic and stylish in every way, these attractive homes offer many highly sought-after features such as off-street parking, central a/c, vaulted ceilings, fireplaces, hardwood floors, gourmet kitchens with stainless appliances, brick terrace/patios, outdoor showers, lawn irrigation system and much more! Together, the properties offer a total four (4) bedrooms, three (3) full baths and two (2) half-baths to comfortably sleep up to ten guests. This is a unique opportunity to create an in-town family compound and/or great rental income property (live in one and rent the other -- with an established annual rental history of over $100,000+). Tasteful designer furnishings, accessories and artwork are also available for separate purchase, making these cottages a perfect turnkey investment and/or lifestyle opportunity!
Lots of Space !! What an amazing property for so many reasons ! For a builder, with vision to renovate and either use themselves or re-sell, this is the house for you !! For a year-round family that needs a "home" with lots of outdoor spaces and room to grow, this could be ideal, for the 2nd home owner this property is walking distance to town, beach and harbor AND for an investor who wants to make income immediately, it could be rented today! This property has so much going for it. Take for instance the Huge Master Suite, with so much room you'll need to create ideas to fill the spaces. Or the sun filled Family Room for the kids or adults to make their own or share for Family Time. If you love wood, this house has lots of it. Keep the beautiful light Knotty Pine or if your preference is color then paint or even white wash it. Let's not forget about the large outdoor spaces for: Gardens, Grassy Yard, already existing Bamboo (and large enough for) a Basketball & or Tennis court. Best of all the Garage has been converted into an approved 2 Bedroom Apartment, great for extra income !! All existing previously permitted Sheds would be great for Tools, Wood storage, even a "Man or Woman Cave".... If you truly have vision come see this one. It has the potential to be a real "GEM"! Owners in residence. 24 hours needed for showings.
Ranch with two separate apartments, both with two bedrooms. Great potential for investment and rental income. Some sprucing up inside an out required. Has approved three bedroom Title V septic. Being sold "as is". On a quiet residential street and close proximity to downtown area and Lake Tashmoo. Motivated seller.
Charismatic contemporary home with independent lower level in-law apartment. The upper stories have vaulted ceilings and over-sized windows, while the lower level is surprisingly roomy with a cute kitchen and large bath. Fenced yard and very convenient location near all downtown amenities. The property has a very strong rental history.
House & Guest House! Located in Mink Meadows Association, this wonderful 4 bedroom, 3.5 bath home has many nice features that include a large eat-in kitchen/family room, a more formal living room with fireplace, dining room and den. Laundry room is on the first floor, a 2-car garage with bonus studio/office above. Brand new Buderus Heating system with Central A/C. Nicely landscaped backyard with many gardens, an in-ground pool and a totally separate guest cottage overlooking the greens. Association amenities include access to a private association beach and opportunity to join the Golf Club. Also, just a short distance to West Chop Woods, Land Bank Beach and many walking trails.
Oak Bluffs: Charming 2 plus bedrooms main house with two baths. Gas fireplace warms up a cozy living room. Kitchen has custom cabinets with granite counter tops. A center island offers seating for four plus ample storage space. Full basement suited for refinishing. Second building has two apartments with year-round rental income. House is set-back in quiet neighborhood less then a mile to Oak Bluffs town and beaches. Mature plantings surrounding property for privacy. French doors open to sunny deck with newly built outdoor shower. 2 Septic Systems that recently passed inspection. 95% Efficiency Furnace installed and new hot water heater.
This lovely, well cared for 3 bed/2 bath home comes with many recent updates. Living room with Pergo floors, gas fired wood stove, kitchen with new appliances and separate dining room. Lower level includes a 2 bed in-law apartment with full kitchen, living room with gas fireplace and a fully enclosed sunroom. New Roof in 05. 2-Car Garage with walk-in pantry and attic space. Close to Edgartown Village.
HOUSE AND APARTMENT ON THE CUSP OF WEST CHOP. Five bedroom, three story home, set on a third of an acre on a quiet Cul de Sac, only minutes to Mink Meadows, West Chop, restaurants, shopping and the Ferry! Main house is elevated with a huge covered porch overlooking the front yard. Open floor plan with living, kitchen, dining and two bedrooms, on main floor. Screened porch off dining area. Two more large bedrooms, a second bathroom and computer nook upstairs. Birch floors throughout, woodstove in living room and gas forced hot water heat throughout! MORE PHOTOS TO FOLLOW.