$319,900 ($99.35 per sqft)

Est. Mortgage $1,681/mo *

Quick Pre-Approval

Listing courtesy of Hughes Group Team, Casella Real Estate Phone: 802-772-7487


9 River Street, Fair Haven, VT, 05743

9 River Street, Fair Haven, VT, 05743

8 beds

5 Full baths

1885

Multi-Family

3,220 sqft

Here is an investment opportunity with this well-maintained multi-family property, featuring five rental units and a solid cap rate of 10%. This property includes three two-bedroom apartments, a comfortable one-bedroom unit, and a cozy efficiency, offering a balanced mix of layouts to attract a wide variety of tenants. All apartments benefit from included amenities that simplify the rental experience, with heat, trash removal, snow removal, and lawn care covered in the rent. Tenants pay their own electric bills, aside from Apartment C. The property also has a large off-street parking area, providing convenient and ample parking for all residents. Ideally located within walking distance of essential amenities, this property allows tenants to enjoy easy access to local stores, restaurants, and a laundromat. With these appealing features, the property is consistently occupied and benefits from strong rental demand in the area. Whether you’re expanding an existing portfolio or entering the multifamily market, this property is positioned to provide reliable returns in a thriving rental market.


Status:

Active

Type:

Multi-family

Units:

5

Zoning:

unknown

Heating:

Oil, Baseboard

Cooling:

None

Basement:

Unfinished

Acreage:

0.37

Est. Taxes:

$4,855

Lot Description:

Level

MLS #:

5022191


Community Info

School Info

Walk Score

Mass Transit

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