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  • Listed by: RE/MAX Summit • Joshua Lemieux
    Bought with: Vermont Real Estate Company
    $245,000

    9 River Street, Fair Haven, VT 05743

    8beds
    3,220sqft
    Multi Family
    Built in 1885
    -- sqft lot
    $-- Zestimate®
    $76/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    Not available

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Joshua Lemieux,

    RE/MAX Summit Off:802-772-0670

    Bought with:

    Peter N Cahill

    Vermont Real Estate Company

    Source: PrimeMLS,MLS#: 5072868MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Oil, Baseboard
    Cooling
    • None
    Features
    • Flooring: Combination, Vinyl
    • Basement: Full,Assigned Storage,Unfinished,Walkout,Walk-Out Access
    Interior area
    • Total structure area: 4,830
    • Total interior livable area: 3,220 sqft
    • Finished area above ground: 3,220
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Gravel, Parking Spaces 5 - 10, Unpaved
    Features
    • Levels: Two,Multi-Level
    • Patio & porch: Porch, Covered Porch
    • Body of water: Castleton River
    Lot
    • Size: 0.37 Acres
    • Features: Open Lot, In Town
    Details
    • Parcel number: 21607010122
    • Zoning description: Mixed River

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame
    • Foundation: Stone
    • Roof: Membrane
    Condition
    • New construction: No
    • Year built: 1885

    Utilities & green energy

    • Electric: 100 Amp Service, Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Phone Available

    Community & HOA

    Location
    • Region: Fair Haven

    Financial & listing details

    • Price per square foot: $76/sqft
    • Tax assessed value: $162,800
    • Annual tax amount: $4,771
    • Date on market: 1/1/2026
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/10/2026Sold$245,000-7.5%$76/sqft
    Source: PrimeMLS #5072868 Report a problem
    8/7/2026Pending sale$265,000$82/sqft
    Source: PrimeMLS #5072868 Report a problem
    1/1/2026Listed for sale$265,000-7%$82/sqft
    Source: PrimeMLS #5072868 Report a problem
    12/13/2025Listing removed$285,000$89/sqft
    Source: PrimeMLS #5046956 Report a problem
    6/17/2025Listed for sale$285,000$89/sqft
    Source: PrimeMLS #5046956 Report a problem
    5/14/2025Listing removed$285,000$89/sqft
    Source: PrimeMLS #5022191 Report a problem
    2/24/2025Price change$285,000-1.7%$89/sqft
    Source: PrimeMLS #5022191 Report a problem
    2/10/2025Price change$289,900-3%$90/sqft
    Source: PrimeMLS #5022191 Report a problem
    1/6/2025Price change$299,000-6.5%$93/sqft
    Source: PrimeMLS #5022191 Report a problem
    11/14/2024Listed for sale$319,900+236.7%$99/sqft
    Source: PrimeMLS #5022191 Report a problem
    11/19/2020Sold$95,000$30/sqft
    Source: PrimeMLS #4755785 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $162,800
    2023-- $162,800
    2022-- $162,800
    2021-- $162,800
    2020-- $162,800
    2019-- $162,800
    2018-- $162,800
    2017-- $162,800
    2016-- $162,800 +9900%
    2015-- $1,628
    2014-- $1,628
    2013-- $1,628
    2010-- $1,628
    Find assessor info on the county website

    Neighborhood: 05743

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Fair Haven Grade School
    • Middle: Fair Haven Grade School
    • High: Fair Haven UHSD #16
    • District: Fair Haven School District

    Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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