Fair Haven VT Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- 9,600
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.07 Acres
- Year built:
- 1892
- Baths:
- 9.00
- MLS#:
- 5025060
ADDITIONAL INFORMATION
Investors take note of this nicely maintained 4 story brick commercial building that has a first floor commercial rental that consists of approximately 1800 sq. feet and it has been used as a Cafe for years now its a retail business. The second through fourth floors have a total of 9 one bedroom apartments, having 3 on each floor and having access via stairs or elevator. The current rental income and expenses are producing an 10 plus cap rate. The building was modernized in the 1980's and has 2 Dedietrich oil fired boilers, 2 meters, insulated double hung windows in residential units, 2 sixty gallon hot water makers off boilers, membrane roof, all residing on a 50x61 commercial lot that is directly across from the well known park and offers great street exposure. Prime time to purchase in downtown Fair Haven as there has been a lot of interest in various business's wanting to establish in town. A downtown revitalization committee has been formed to draw more people to downtown. The towns central park holds numerous yearly functions producing large gatherings to the town. Now is the time to invest in downtown Fair Haven. HAP contract in place, so hardly any vacancies available in the residential units. Gross income $124,800 NOI is over $79,481
$319,900
9 River Street Fair Haven, VT 05743
- Type:
- Multi-Family
- Sq.Ft.:
- 3,220
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.37 Acres
- Year built:
- 1885
- Baths:
- 5.00
- MLS#:
- 5022191
ADDITIONAL INFORMATION
Here is an investment opportunity with this well-maintained multi-family property, featuring five rental units and a solid cap rate of 10%. 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 youâ??re expanding an existing portfolio or entering the multifamily market, this property is positioned to provide reliable returns in a thriving rental market.
$359,900
71 Main Street Fair Haven, VT 05743
- Type:
- Multi-Family
- Sq.Ft.:
- 2,793
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.04 Acres
- Year built:
- 1900
- Baths:
- 4.00
- MLS#:
- 5010669
ADDITIONAL INFORMATION
In the charming town of Fair Haven, Vermont, this beautifully renovated building offers a unique blend of commercial and residential opportunities, making it an ideal investment for both business and lifestyle. The first floor is a versatile space, currently home to a brewery. With its tasteful renovations, itâ??s ready to continue to operate as is or transform into the business of your dreamsâ??a cozy sandwich shop, a boutique gift store, or whatever venture you envision. The second floor features a spacious two-bedroom, one-bathroom apartment that has been fully updated with modern amenities. Looking out the windows youâ??ll enjoy views of downtown Fair Haven. On the third floor, you'll find a studio apartment, that with some fire and safety updates, offers great potential as a separate living space for added income or could be combined with the second-floor apartment to expand the living area without the need for added compliance. Situated in the heart of Fair Haven, this building is within walking distance of local shops, restaurants, a small farmers market, and lively park events. Itâ??s a perfect opportunity for an entrepreneur looking to establish a business while enjoying the convenience and charm of small-town living. Whether you're an investor or someone seeking a unique home, this property is ready to fulfill your vision.
$319,000
38 We Street Fair Haven, VT 05743
- Type:
- Multi-Family
- Sq.Ft.:
- 3,254
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.2 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- 5002109
ADDITIONAL INFORMATION
Presenting an exceptional investment property at 38 West Street in Fair Haven, Vermont. This multifamily offering includes a Victorian house with three units and a separate cottage in the rear. The newly renovated main house features a 2-bedroom unit, a 1-bedroom unit, and a studio unit. The cottage offers 2 bedrooms. Conveniently located near local amenities such as public transportation, grocery stores, pharmacy, banks, schools, parks, and more. This property is ideal for tenants seeking both comfort and convenience. A versatile and promising investment in a prime location!
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Fair Haven Real Estate
The median home value in Fair Haven, VT is $218,000. This is lower than the county median home value of $268,600. The national median home value is $338,100. The average price of homes sold in Fair Haven, VT is $218,000. Approximately 67.05% of Fair Haven homes are owned, compared to 20.09% rented, while 12.86% are vacant. Fair Haven real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Fair Haven real estate agent to arrange a tour today!
Fair Haven, Vermont has a population of 2,713. Fair Haven is more family-centric than the surrounding county with 27.68% of the households containing married families with children. The county average for households married with children is 22.91%.
The median household income in Fair Haven, Vermont is $64,618. The median household income for the surrounding county is $59,751 compared to the national median of $69,021. The median age of people living in Fair Haven is 38.5 years.
Fair Haven Weather
The average high temperature in July is 82.7 degrees, with an average low temperature in January of 9.9 degrees. The average rainfall is approximately 40.8 inches per year, with 65.5 inches of snow per year.