9 River Street, Fair Haven, VT 05743

• 5 baths |
• 4,830 sqft

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:

May 25, 2026 at 7:58AM

Listing Office:

Remax Summit : 802-772-0670

Listing Agent:

Joshua Lemieux : 802-772-0638 : vtsummitre@gmail.com

MLS ID:

5072868

Interior

• Basement: FullAssigned StorageUnfinishedWalkout
• Flooring: CombinationVinyl
• A/C: None
• Heating: OilBaseboard

Exterior

• General: PorchCovered Porch
• Style: Multi-FamilyMulti-Level
• Parking: Parking Spaces 5 - 10Unpaved

Construction

• Roofing: Membrane
• General: Wood FrameStone

Location

• Road/Access: PavedPublic
• School District: Fair Haven School District
• County: Rutland

Lot

• Driveway: Gravel
• Zoning: Mixed River

Utilities

• Utilities: Cable AvailableTelephone Available
• Water: Public
• Sewer: Public