Nonlinear vibration isolators that take advantage of negative stiffness elements can simultaneously meet the requirements of acceptable static deflection and frequency band of isolation and are thus superior to their linear counterparts. Incorporating electromagnetic elements into the vibration isolator is a common approach to provide the required negative stiffness. Electromagnetic mechanisms are low-cost, tuneable, and operate without friction. Also, they can extract or dampen the energy of the host system through electromechanical coupling. Therefore, electromechanical elements are ideal choices for designing multi-purpose vibration control mechanisms. In this study, three coils surrounded by arrays of permanent magnets are considered. When the system vibrates, their magnetic fields interact with that of a moving magnet attached to a rod supporting an isolated mass. The electromagnetic properties of the proposed system are simulated using the finite element method (FEM) and experimental measurements are used to validate the numerical simulations. Different scenarios for a system consisting of three coaxial coils are considered and compared, including powering the coils, open circuit coils, short circuit coils and coils shunted with an external circuit. Features of each case are discussed and general guidelines for designing a multipurpose vibration controller are given.