$285,000

9 River Street, Fair Haven, VT 05743

  • 5 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1885
  • Property Lot Size Icon0.37acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

This listing courtesy of Hughes Group Team, Casella Real Estate

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.

Listing Status:
Active
Date Added:
June 16, 2025 at 05:00AM
Listing Office:
Casella Real Estate : 802-772-7487
Listing Agent:
Hughes Group Team : 802-772-7487
MLS ID:
5046956
  • Basement: Unfinished
  • A/C: None
  • Heating: OilBaseboard

This listing courtesy of Hughes Group Team, Casella Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Fair Haven Grade School

115 N Main St, Fair Haven, VT, 05743

Grades PK-8

0.25 miles away

F

Fair Haven Grade School

115 N Main St, Fair Haven, VT, 05743

Grades PK-8

0.25 miles away

F

Fair Haven Union High School

33 Mechanic St, Fair Haven, VT, 05743

Grades 9-12

0.90 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.