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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
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 | Apartment Style | Low-Rise |
| Price Per Unit | $79,567 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.40 AC |
| Cap Rate | 10% | Building Size | 4,830 SF |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1885 |
| Property Subtype | Apartment |
| 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
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Presented by
Casella Real Estate
9 River St
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