$265,000 ($82.30 per sqft)

Pending

Est. Mortgage $1,270/mo *

Quick Pre-Approval

Listing courtesy of Joshua Lemieux, Remax Summit 802-772-0670


9 River Street, Fair Haven, VT, 05743

9 River Street, Fair Haven, VT, 05743

8 beds

5 Full baths

1885

Multi-Family, Multi-Level

3,220 sqft

This well-maintained five-unit multifamily asset offers a strong investment profile, anchored by a solid 10% cap rate and consistent rental performance. The property features a diversified unit mix consisting of three two-bedroom apartments, one one-bedroom unit, and one efficiency, supporting broad tenant appeal and reliable occupancy. Operating efficiency is enhanced by landlord-provided heat, trash removal, snow removal, and lawn care, while tenants are responsible for electric utilities in all units except Apartment C. A large off-street parking area adds further value by providing ample, convenient parking for residents. Strategically located within walking distance to local shops, restaurants, a laundromat, and everyday services, the property benefits from sustained rental demand and a history of consistent occupancy. With strong cash flow, practical management features, and an attractive return profile, this asset is well-suited for investors seeking dependable income whether expanding an existing portfolio or entering the multifamily market with confidence.


Status:

Pending

Type:

Multi-family

Units:

5

Zoning:

Mixed River

Heating:

Oil, Baseboard

Cooling:

None

Basement:

Full, Assigned Storage, Unfinished, Walkout

Parking:

Parking Spaces 5 - 10, Unpaved

Acreage:

0.37

Est. Taxes:

$4,771

Lot Description:

Open,River,In Town

Elementary School:

Fair Haven Grade School

Middle School:

Fair Haven Grade School

High School:

Fair Haven UHSD #16

School District:

Fair Haven School District

MLS #:

5072868


Community Info

School Info

Walk Score

Mass Transit

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