VT > Fair Haven
Fair Haven, VT 05743,9 River ST
Fair Haven, VT 05743,9 River ST
Fair Haven, VT 05743,9 River ST
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$265,000
Est. payment /mo
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8 Beds
5 Baths
3,220 SqFt
New

9 River ST Fair Haven, VT 05743

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Nicole Leahy

Nicole Leahy

+1(781) 307-1039

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,220 sqft

Price per Sqft $82

MLS Listing ID 5072868

Bedrooms 8

Full Baths 5

Construction Status Existing

Year Built 1885

Annual Tax Amount $4,771

Tax Year 2026

Lot Size 0.370 Acres

Acres 0.37

Property Description

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.

Location

State VT

County Vt-rutland

Area Vt-Rutland

Zoning Mixed River

Rooms

Basement Entrance Walkout

Basement Full, Assigned Storage, Unfinished, Walkout

Interior

Cooling None

Flooring Combination, Vinyl

Exterior

Utilities Available Cable Available, Telephone Available

Roof Type Membrane

Building

Story 2

Sewer Public

Architectural Style Multi-Family, Multi-Level

Construction Status Existing

Schools

Elementary Schools Fair Haven Grade School

Middle Schools Fair Haven Grade School

High Schools Fair Haven Uhsd #16

School District Fair Haven School District

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Nicole Leahy

Nicole Leahy

Agent | License ID: 9567363

+1(781) 307-1039

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