85-87 Main St - Apartments FOR SALE


Fair Haven, VT 05743
$848,000 USD
802-342-8899
85-87 Main St, Fair Haven, VT for Sale
$848,000 USD
Apartments - FOR SALE
1/25
null | 9.48% Cap Rate

85-87 Main St
Fair Haven, VT 05743


OVERVIEW

Great investment opportunity , 9 one bedroom units and a commercial space , 100 % occupancy , long rental history Gross yearly income is $124,800 and the net Income is $80,350 with potential for more rent increases , building is a 4 story brick building in a great shape with all mechanicals in a great shape no differed maintenances located in downtown Fair Haven minutes to lakes and ski areas .

FOR SALE DETAILS

PRICE

$848,000 USD

PRICE/SF

$88 USD /SF

# OF UNITS

10

PRICE/UNIT

$84,800

CAP RATE

9.48%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Dormitory

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1892

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,038 SF

ZONING

Commercial/ residential

APN/PARCEL ID

216-070-10813

ASK ABOUT THIS PROPERTY

Mike KalilWatson Realty & Associates, PLCMore Info
802-342-8899

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Mike KalilWatson Realty & Associates, PLCMore Info
802-342-8899

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.