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9 River St 5 Unit Apartment Building $397,837 CAD ($79,567 CAD/Unit) 10% Cap Rate Fair Haven, VT 05743

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EXECUTIVE SUMMARY

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 FACTS

Price $397,837 CAD
Price Per Unit $79,567 CAD
Sale Type Investment
Cap Rate 10%
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.40 AC
Building Size 4,830 SF
No. Stories 2
Year Built 1885

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Smoke Detector
  • Listing ID: 37936683

  • Date on Market: 2025-10-03

  • Last Updated:

  • Address: 9 River St, Fair Haven, VT 05743

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