$319,900 | $99 per sq.ft. | MLS# 5022191
A
5
Unit Multi Family Home, 9 River Street Fair Haven VT
With 2 - One Bedroom Units | 3 - Two Bedroom Units
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Description:
Here is an investment opportunity with this well-maintained multi-family property, featuring five rental units and a solid cap rate of 10%. This property includes three two-bedroom apartments, a comfortable one-bedroom unit, and a cozy efficiency, offering a balanced mix of layouts to attract a wide variety of tenants. All apartments benefit from included amenities that simplify the rental experience, with heat, trash removal, snow removal, and lawn care covered in the rent. Tenants pay their own electric bills, aside from Apartment C. The property also has a large off-street parking area, providing convenient and ample parking for all residents. Ideally located within walking distance of essential amenities, this property allows tenants to enjoy easy access to local stores, restaurants, and a laundromat. With these appealing features, the property is consistently occupied and benefits from strong rental demand in the area. Whether you're expanding an existing portfolio or entering the multifamily market, this property is positioned to provide reliable returns in a thriving rental market.
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Annual Expenses
Taxes: $4,855 |
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Income
Gross Income | $ NetIncome | $
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UNIT 1 INFORMATION
Beds: 2Baths: 1Rooms: 0Tenant Pays : ElectricRent : 1000.00 MonthlyLease Term : Month to Month
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UNIT 2 INFORMATION
Beds: 2Baths: 1Rooms: 0Tenant Pays : ElectricRent : 900.00 MonthlyLease Term : Month to Month
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UNIT 3 INFORMATION
Beds: 1Baths: 1Style : efficiencyRent : 650.00 Monthly
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UNIT 4 INFORMATION
Beds: 2Baths: 1Rent : 1000.00 Monthly
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UNIT 5 INFORMATION
Beds: 1Baths: 1Rooms: 0Rent : 900.00 Monthly
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FEATURES AND DETAILS
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CONSTRUCTION: Wood Frame | Price Per SQ.FT. 99.35 | Year Built: 1885 |
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LAND DESCRIPTION:
LOT DESCRIPTION: Level |
Livable Space: 3220 Above Grade Sq.Ft.: 3220 Below Grade Sq.Ft.: 0 Foundation: Stone Heating: Oil | Baseboard Cooling: None Electric: Circuit Breaker(s) Style: Multi-Family Roof: Membrane Water: Public Sewer: Public
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Lot size: 0.37 acres Zoned: unknown Surveyed: Unk Flood Zone: Unknown Seasonal: No Roads: Paved | Public Driveway: Gravel |
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ADDITIONAL INFORMATION
Taxes $4,855 | Assesed Value $0 in |
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SCHOOLS
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15 Buck Rd. Hanover, NH 03755 603-643-3942
Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College
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Copyright © 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed.
The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’
personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated November 22nd, 2024
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VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
https://www.sec.state.vt.us/media/711742/Mandatory-Consumer-Disclosure-for-a-Non-Designated-Agency-Brokerage-Firm-9-24-2015.pd
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM
http://www.nh.gov/nhrec/Brokerage%20Relationship%20Disclosure%20Form%207-19-11.pdf
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