This listing courtesy of Joshua Lemieux , Remax Summit
$265,000

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 3 months ago

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.

Listing Status:
Active
Date Added:
January 1, 2026
Data Last Updated:
April 5, 2026 at 5:56AM
Listing Office:
Remax Summit : 802-772-0670
Listing Agent:
Joshua Lemieux : 802-772-0638 : vtsummitre@gmail.com
MLS ID:
5072868
  • Basement: FullAssigned StorageUnfinishedWalkout
  • Flooring: CombinationVinyl
  • A/C: None
  • Heating: OilBaseboard
  • General: PorchCovered Porch
  • Style: Multi-FamilyMulti-Level
  • Parking: Parking Spaces 5 - 10Unpaved
  • Roofing: Membrane
  • General: Wood FrameStone
  • Road/Access: PavedPublic
  • School District: Fair Haven School District
  • County: Rutland
  • Driveway: Gravel
  • Zoning: Mixed River
  • Utilities: Cable AvailableTelephone Available
  • Water: Public
  • Sewer: Public

This listing courtesy of Joshua Lemieux , Remax Summit

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

103 N Main St, Fair Haven, VT, 05743

Grades PK-8

0.25 miles away

F

Fair Haven Grade School

103 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.
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