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Listed by Hughes Group Team of Casella Real Estate

Listing Sold by Casella Real Estate
If you are looking for your next investment opportunity, here is a 4-unit multifamily in Fair Haven with a cap rate of just over 10%. On the first floor are two 2-bedroom units with a full bath, kitchen, and living room. On the second floor there is another 2-bedroom unit with a full bath, kitchen and living room and a recently renovated 1 bedroom unit with a full bath kitchen and living room. The renovated unit is vacant, so you have the opportunity to purchase the property and owner occupy while covering the mortgage with the income from the other 3 units or fill the vacancy with a tenant of your choice. Each unit has a private porch space for tenants to enjoy on nice days. Call to schedule your showing today!

More Info

Tax Information

  • Tax Year2023

Building

  • Year Built1900
  • Building ConstructionWood Frame, Cedar Exterior, Wood Exterior
  • Units4
  • Unit 1 Bath1
  • Unit 1 Bedrooms2
  • Unit 1 Floor Location2
  • Unit 1 Total Rooms4
  • Unit 2 Bath1
  • Unit 2 Bedrooms1
  • Unit 2 Floor Location2
  • Unit 2 Total Rooms3
  • Unit 3 Bath1
  • Unit 3 Bedrooms2
  • Unit 3 Floor Location1
  • Unit 3 Total Rooms4
  • Unit 4 Bath1
  • Unit 4 Total Rooms4
  • # of 1 Bedrooms1
  • # of 2 Bedrooms3
  • Bathroom4
  • Total Baths4
  • BasementUnfinished
  • FoundationStone

Basic Information

  • StatusSLD
  • List Price$209,900
  • Date Price Change09/07/2023
  • MLS Number4953032
  • MLS StatusClosed
  • Sale Date11/24/2023

Property

  • Acreage0.1
  • GarageNo
  • Parking Spaces
  • Lot DescriptionLevel
  • Square Feet3,000
  • APX Fin AG Sqft3,000
  • AreaVT-Rutland

Amenities

  • PricePerSqFt66.67

Location

  • TownFair Haven
  • StateVT
  • Zip05743
  • CountyRutland
  • Zoningunknown
  • Address2 Cottage Street
  • Flood Zone Y/NUnknown

Interior

  • FloorsCarpet, Laminate, Vinyl, Wood

Exterior

  • RoofShingle - Asphalt

Utilities

  • Heat SystemOil, Baseboard, Hot Water
  • ElectricCircuit Breaker(s)
  • SewerPublic

Other

  • Taxes$2,192.64
  • Seasonal Y/NNo
  • Operating Expenses16820
  • Date Listed05/17/2023
  • Unit 1 Deposit$825
  • Unit 2 Rent Amount$900
  • Unit 3 Rent Amount$825
  • Unit 4 Rent amount$775
  • View Count19

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Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated January 22, 2025 12:22 AM EST

 

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