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9 River St

Fair Haven VT 05743

8
5
4830 sq. ft.
16117 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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.

Features

8 bedrooms
5 bathrooms
4830 sq. ft. floor area
16117 sq. ft. lot size
Multi-Family

Property history for 9 River St

2020
Sold
$95,000
19 Nov 2020 by Bill Gilbert, of Gilbert Realty and Development

Happy sellers in Fair Haven

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We have insufficient information to provide an overview of customer satisfaction for Fair Haven. Viewing the agent profiles, reviews and sales for Fair Haven can provide insights for this location.

Local market activity for 8 bedroom multi families in Fair Haven

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Sales:
(619) 566-0008
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