9 River St

Fair Haven VT 05743

4830 sq. ft.

16117 sq. ft.

Multi-Family

Last sold for $245,000

Joshua Lemieux, last sold this property on 10 September 2026 after 324 days on market.

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

Estimated Value

We need at least 3 similar 8 bedroom multi families sold in Fair Haven over the last 12 months.

Property history for 9 River St

2026

Sold

$245,000

10 Sep 2026 by Joshua Lemieux, of REMAX Summit | Rutland

2020

Sold

$95,000

19 Nov 2020 by Bill Gilbert, of Gilbert Realty and Development

Happy sellers in Fair Haven

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.