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9 River St

fair haven, VT 05743

$265,000

  • Contract signed

Interested? Let's Connect

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.

Details

0.37 Private Acres Lot Size

investment

Built in 1885

MLS/Listing ID 5072868

5 Units

Amenities & Features

Porch

Parking - Unpaved

Lot - Open Lot

Heating - Baseboard

Heating - Oil

Stone

Combination

Vinyl

Construction - Wood Frame

Style - Multi Family

Style - Multi Level

Membrane

Interested In 9 River St?