Listing Courtesy of:
Remax Summit
Agency Phone: 802-772-0670
Associate Name: Joshua Lemieux
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.
Listed By
Agency Name: Remax Summit
Agency Phone: 802-772-0670
Agent Name: Joshua Lemieux
Shown By
Agent Name: The Haas Team
Agent Phone: (207) 505-9193
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
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Estimated Payment
$ 1,064.65 per month $589.78 Principal & Interest $397.58 Property Tax $77.29 Homeowner's Insurance
9 River Street | MLS# 5072868
This multi-family property located at 9 River Street, Fair Haven, VT 05743 is currently listed for sale with an asking price of $265,000. River Street is located within the Fair Haven school district. Search Fair Haven real estate on haasteam.masiellogrouprealestate.com today.