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.
Property Details
Property Features
Property Information:
Year Built: 1885
Stories: 2
Living Area: 3,220 SqFt
Listing Office:
Office Name: Casella Real Estate
Office Phone: (802) 772-7487
Listing Agent: Hughes Group Team
Interior Features
Interior Information:
Basement: Yes
Lot Features
Lot Information:
Lot Size: 0.37 Acres
Utilities
Utilities Information:
Heating: Baseboard
Cooling: None
Price Information
Listing Price Info
Price Summary:
List Price: $319,900
Price Per SqFt: $99/SqFt
Tax Information:
Annual Amount: $4,054
Tax Year: 2019
What can I afford?
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Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 3:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Nov 30, 2020
Nov 30, 2020Home Sold
$95,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
-
$162,800
2019
$4,054
$162,800
2018
$3,859
$162,800
2017
$3,723
$162,800
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Poultney Elementary School
96 School Cir
Distance between this listing and this school4.80 miles
Public District Grades PK-6
3
/10
Whitehall Elementary School
99 Buckley Rd
Distance between this listing and this school6.09 miles
Public District Grades PK-6
2
/10
Mary J Tanner Primary School
Rt 22
Distance between this listing and this school11.23 miles
Public District Grades PK-4
Nearby Schools
3
/10
Fair Haven Grade School
115 N Main St
Distance between this listing and this school0.25 miles
Public District Grades PK-8
5
/10
Benson Village School
32 School St
Distance between this listing and this school8.22 miles
Public District Grades PK-8
2
/10
Rutland Middle School
67 Library Ave
Distance between this listing and this school14.21 miles
Public District Grades 7-8
Nearby Schools
3
/10
Fair Haven Union High School
33 Mechanic St
Distance between this listing and this school0.90 miles
Public District Grades 9-12
4
/10
Poultney High School
154 E Main St
Distance between this listing and this school5.44 miles
Public District Grades 7-12
4
/10
Whitehall Junior-Senior High School
87 Buckley Rd
Distance between this listing and this school6.23 miles
The neighbors living near this home have an average income of $41,225. Most Rutland County, VT residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 9 River St
What is the listing price of this property?
The listing price of 9 River St property is $319,900.
What type of property is this?
The property 9 River St is land located in Fair Haven, Vermont, 05743.
Is this property for sale now?
Active Listing: 9 River St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2019 is $4,054 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on November 30, 2020 for $95,000. (source: MLS/tax record).
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This home is located at 9 River St in Fair Haven, VT and zip code 05743. This 3,220 square foot home, which was built in 1885, sits on a 0.37 acre lot. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $319,900.
In October 2024 in Rutland County, VT there were 38.7% more homes for sale than in September 2024. While the average time on the market in October 2024 was 69 days, the median list price was $325,000.
From Rocket Homes Real Estate and based on county public records data.
© 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. 
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