BEDS8
BATHS5 full
SQUARE FEET3,220
MLS#5072868
STATUSActive Under Contract
PROPERTY TYPEMulti Unit - Multiple
SCHOOLFair Haven
Listing Courtesy of:
Remax Summit
Agency Phone: 802-772-0670
Associate Name: Joshua Lemieux
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Assigned Storage, Unfinished, Walkout
Basement: Yes
Cooling: None
Heating: Oil, Baseboard
Home Style: Multi-Family, Multi-Level
Lot Size: 0.37 Acres
Roof Type: Membrane
Stories: 2.0
Taxes: $4,771
Year Built: 1885
Units
Unit 1:
Bathroom(s): 1
Bedrooms: 2
Rent: $1000.00
Unit 2:
Bathroom(s): 1
Bedrooms: 2
Rent: $900.00
Unit 3:
Bathroom(s): 1
Bedrooms: 1
Rent: $650.00
Unit 4:
Bathroom(s): 1
Bedrooms: 2
Rent: $1000.00
Unit 5:
Bathroom(s): 1
Bedrooms: 1
Rent: $900.00
Amenities
Porch
Covered Porch
Feature Descriptions
Construction: Wood Frame
Construction Status: Existing
Days on Site: 72
Driveway: Gravel
Driveway: Gravel
Electric: 100 Amp Service, Circuit Breaker(s)
Exterior: Wood Frame
Flood Zone: No
Flooring: Combination, Vinyl
Foundation: Stone
Foundation: Stone
Lot: Open, River, In Town
Parking: Parking Spaces 5 - 10, Unpaved
Roads: Paved, Public
Sewer: Public
Sq. Ft. Above Grade Finished: 3220
Sq. Ft. Below Grade Unfinished: 1610
Sq. Ft. Total Finished: 3220
Total Stories: 2
Units: 5
Water: Public
Zoning: Mixed River
Local Schools
High School: Fair Haven UHSD #16
Middle School: Fair Haven Grade School
Elementary School: Fair Haven Grade School
School District: Fair Haven
Listed By / Shown By
Listed By
Agency Name: Remax Summit
Agency Phone: 802-772-0670
Agent Name: Joshua Lemieux
Shown By
Agent Name: Zack Leroy
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
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Estimated Payment
$ 1,064.65 per month $589.78 Principal & Interest $397.58 Property Tax $77.29 Homeowner's Insurance
Listing data compilation and photo(s) copyright © 2026 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 2026-03-15 23:33:34 
9 River Street | MLS# 5072868
This multi-family property located at 9 River Street, Fair Haven, VT 05743 is currently listed for sale with an asking price of $265,000. River Street is located within the Fair Haven school district. Search Fair Haven real estate on zackleroy.masiellogrouprealestate.com today.