9 River Street
$319,900
8
5
3,220
3,220
$99
Description
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...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 you’re expanding an existing portfolio or entering the multifamily market, this property is positioned to provide reliable returns in a thriving rental market.
- Listed by Hughes Group Team • Casella Real Estate
Property Details for 9 River Street
Zoning
unknown
LISTING UPDATED: 11/15/2024 04:46 PM
Property Details for 9 River Street
Status | Active |
---|---|
MLS # | 5022191 |
Days on Market | 34 |
Taxes | $4,855 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family |
Year Built | 1885 |
Lot Size | 0.37 AC / 16,117 SF |
County | Rutland County |
Building Information for 9 River Street
Stories2Residences5Year Built1885Building Size-Lot Size0.37 AC / 16,117 SF
Property Information for 9 River Street
Property History for 9 River Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 9 River Street
Taxable ValueLand$16,000Additions$146,800Total$162,800
Home Facts
Lot Size16,117 SqFtStyleOffice BuildingCountyRUTLANDAPN(070) 245213
Schools near 9 River Street
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 6 | |||
Public - | 7 to 12 |
Rating | School | Distance |
---|---|---|
Fair Haven Grade School PublicPK to 6 | ||
Fair Haven Uhsd #16 Public7 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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