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9 River Street, Fair Haven, VT 05743

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Listing Type
Multi Family
Listing Status
active
27
Overview
Features
Commute
Transportation
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Neighborhood
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$285,000

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Home Details for 9 River Street
Price
$285,000
Type
Multi Family
Bedrooms
8
Total Bathrooms
5
Year Build
1885
Sq. Ft.
3220
Lot Size
0.37
County
Rutland
Basement
Finished, Unfinished
Tax
$4,855.16
MLS®️ Listing#
5046956
On exitrealty.com
150 days
Listing Courtesy: Casella Real Estate - 802-772-7487. Presented by: Hughes Group Team
Property Description
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.
Property Features
mls_iconCopyright 2024 Prime MLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Prime MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Last synced 27 minutes ago.
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