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.
Katama Family Compound with Pool and Views -This unique property generates over $145,000 a year in rental income. There are; eight bedrooms, six full baths, a total of 4,420 square feet of living space, over an acre of land, a 20'X 40' in-ground pool, over 3,000 square feet of deck space, a two car garage, situated on two deeded lots. This once in a life time location has spectacular, broad, open views over the pastures to the Atlantic Ocean. It is easily accessible to the bike path to South Beach, the Field Club and Main Street. While sitting on the front decks one can watch the fishing boats in the distance, the activities of a beautiful seaside farm and the small single engine airplanes in the distant grass runways of the Historic Katama Airpark. This delightful property is offered mostly furnished.
Built in 1975 as a 2 family home, this use continues today. Wonderful "curb appeal" with fragrant, perennial flower beds in the front and a shady covered porch separating the 2 units. Each side has 2 bedrooms and 1 bath while the left side is a bit larger with woodburning fireplace in the living room. New title V septic and connection to town water included. A unique opportunity!. Great location near the town boat landing on Sengekontacket and the bike path leading to Edgartown Village.
This wonderful property is located in a rural area of Vineyard Haven but a short distance to town. Just shy of one and a half acres, this property is sited on a private lot and has a three bedroom house, one bedroom guest house, fabulous "barn"/recreational building, and small shed. The main house was built in 1983 with 2,022 square feet of living space and an open floor plan. The large doors that open onto the spacious deck allow natural light into the living area. When the house was constructed, the builder put thoughtful consideration into the wood throughout the house, included in the trim and decorative wood features. The recently updated kitchen has granite counter tops, tile flooring, skylight, and a gas stove. There is a dining area off the kitchen. The living room has a wood stove with tile surround and beech flooring throughout. There is a full, tiled bath off the entry hall with stall shower. Behind the living room you will find the spacious master bedroom with a recently remodeled, private, tiled bath, air conditioning, oak flooring, and large closet with skylight. Double glass doors open onto a private deck. The second floor has an oversized landing with a sitting area that opens onto a small deck. There is a ladder that leads to a charming loft. There are two additional bedrooms on this level with a Jack and Jill bathroom. This is a magical property for a buyer looking for multiple buildings in a private, convenient location on the island. Many updates, including the kitchen remodeling, the master bedroom and bathroom renovation, and the general ongoing maintenance of this property will make this a great property for a new owner.
Lovely, leafy, Clover Hill Drive! Large two story home with two car garage in main structure and a separate, huge third garage on half an acre. Three bedrooms with numerous additional entertaining areas. Open floor plan on main living level with two bedrooms and two full baths and a den. Lower level has, another large living room, enclosed porch, an office, laundry, full bath and a two car garage. Separate third garage which would be terrific for a boat or a recreational vehicle. Plenty of parking. Notice required - tenants in place. Includes a legal STUDIO APARTMENT!! INTERIOR PHOTOS TO FOLLOW .#104 Clover Hill Drive also for sale.
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. In days of yore, Capt. George W. Eldridge, originator of the renowned Eldridge Tide and Pilot Book, had the home built for his sister Abbe. Today, the future potential for "The Eldridge House" abounds: Maintain the three 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. Return the elegant balconies that once graced the front of the house. 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!
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!
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.
Your island hideaway. Listen to the surf from South Beach as you enjoy the privacy of this hidden gem. House and guest house on three acres of land. Main house has been lovingly renovated with high end construction, including a beautiful kitchen with breakfast bar and stainless appliances. Step down into the living room with wet bar, wood stove, and sliders that open onto a large, private deck. Back of property abuts Nature Conservancy property. Off the living room is a comfortable den with steps that lead to the spacious master bedroom with private full and half bath, closets, and sliders to the deck. In addition to the master bedroom, there are two additional bedrooms, hall 1/2 bath as well as a full bath. Home is in pristine condition. In addition, there is a wonderful one bedroom guest house with cathedral ceiling, fireplace, deck, and it's own private driveway. This is a fantastic West Tisbury property within close proximity to the Trustees Long Point Beach as well as the bike path.*square footage for house and guest house (1,876+ 800)