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85-87 Main St 10 Unit Apartment Building $1,168,315 CAD ($116,832 CAD/Unit) 10.43% Cap Rate Fair Haven, VT 05743
EXECUTIVE SUMMARY
Great investment opportunity , 9 one bedroom units and a commercial space , 100 % occupancy , long rental history
Gross yearly income is $132,900 and the net Income is $88,450 with potential for more rent increases , building is a 4 story brick building in a great shape with all mechanicals in a great shape no differed maintenances
located in downtown Fair Haven minutes to lakes and ski areas .
Gross yearly income is $132,900 and the net Income is $88,450 with potential for more rent increases , building is a 4 story brick building in a great shape with all mechanicals in a great shape no differed maintenances
located in downtown Fair Haven minutes to lakes and ski areas .
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$171,941
|
$17.91
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$171,941
|
$17.91
|
| Taxes |
$14,768
|
$1.54
|
| Operating Expenses |
$47,669
|
$4.97
|
| Total Expenses |
$62,437
|
$6.50
|
| Net Operating Income |
$109,503
|
$11.41
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $171,941 |
| Annual Per SF | $17.91 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $171,941 |
| Annual Per SF | $17.91 |
| Taxes (CAD) | |
|---|---|
| Annual | $14,768 |
| Annual Per SF | $1.54 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $47,669 |
| Annual Per SF | $4.97 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $62,437 |
| Annual Per SF | $6.50 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $109,503 |
| Annual Per SF | $11.41 |
PROPERTY FACTS
1 1
PROPERTY TAXES
| Parcel Number | 216-070-10813 | Total Assessment | $516,235 CAD |
| Land Assessment | $49,598 CAD | Annual Taxes | $14,768 CAD ($1.54 CAD/SF) |
| Improvements Assessment | $466,637 CAD | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
216-070-10813
Land Assessment
$49,598 CAD
Improvements Assessment
$466,637 CAD
Total Assessment
$516,235 CAD
Annual Taxes
$14,768 CAD ($1.54 CAD/SF)
Tax Year
2024
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85-87 Main St
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