Listing Details

Fair Haven, VT 05743 9 River Street

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Presented By: Joshua Lemieux with RE/MAX Summit; Off: 802-772-0670
  • PrimeMLS - 85 - NH
  • MLS# 5072868
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Disclaimer: The information contained in this listing has not been verified by Halliday Real Estate and should be verified by the buyer.
  • Beds • 8
  • Baths • 5
  • SQFT • 3,220

Home Details

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.
Presented By: Joshua Lemieux with RE/MAX Summit; Off: 802-772-0670

Interior Features for 9 River Street

Bedrooms

Unit 1 Bedrooms2
Unit 3 Bedrooms1
Unit 2 Bedrooms2
Unit 5 Bedrooms1
Unit 4 Bedrooms2

Bathrooms

Unit 5 Baths1
Total Full Baths5

Other Interior Features

Unit 1 Lease TermMonth to Month
Unit 2 Lease TermMonth to Month
Unit 3 Lease TermMonth to Month
Unit 4 Lease TermMonth to Month
Unit 5 Lease TermMonth to Month
Total Ranges5
Total Refrigerators5
InternetHigh Speed Intrnt Avail
Total Finished Area3220
Total 3+ BR Units
Total 2 BR Units3
Total 1 BR Units2
Basement Access TypeWalkout
BasementYes
Basement DescriptionFull, Assigned Storage, Unfinished, Walkout
FlooringCombination, Vinyl
Total Number of Units5

General for 9 River Street

CityFair Haven
Construction MaterialsWood Frame
Construction StatusExisting
CoolingNone
CovenantsNo
DOM147
DirectionsFrom Main Street: Turn onto River Street. The building will be the 4th building on the right. See sign.
Documents AvailableDeed, Lease Agreements, Property Disclosure
EasementsNo
Electric100 Amp Service, Circuit Breaker(s)
Electric CompanyGreen Mountain Power
Elementary SchoolFair Haven Grade School
Flood ZoneNo
GarageNo
Gross Income53400
HeatingOil, Baseboard
High SchoolFair Haven UHSD #16
Last Updated07/06/2026 14:59:10
Middle SchoolFair Haven Grade School
Net Income32168
Operating Expense21231
PossessionAt Closing
Price Per Sq Ft Total AG82.3
Property ClassMulti-Family
Road FrontageTBD
RoofMembrane
School DistrictFair Haven School District
SeasonalNo
SewerPublic
Status Detail0
Stories Count2
StyleMulti-Family, Multi-Level
Tax Year2026
Total Rooms Above Ground17
UtilitiesCable Available, Telephone Available
Year Built1885
ZoningMixed River

Exterior for 9 River Street

DrivewayGravel
Exterior AmenitiesPorch, Covered Porch
Foundation Stone
Lot FeaturesOpen, River, In Town
Lot Size Area0.37
Lot Size Square Feet16117
Parking FeaturesParking Spaces 5 - 10, Unpaved
Road Frontage TypePaved, Public
SurveyedUnknown
Total Electric Meters5
Water SourcePublic

Additional Details

Price History

Schools

Elementary School Fair Haven Grade School Elementary School
High School Fair Haven UHSD #16 High School
Middle School Fair Haven Grade School Middle School

Sadie Halliday

REALTOR
Price $265,000
MLS#5072868
Property Type Multi-Family
Phone 603.660.2321
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