85-87 Main St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
85-87 Main St
10 Unit Apartment Building $848,000 ($84,800/Unit) 9.48% Cap Rate Fair Haven, VT 05743
Executive Summary
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 .
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 .
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$124,800
|
$13.00
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$124,800
|
$13.00
|
| Taxes |
$10,719
|
$1.12
|
| Operating Expenses |
$34,600
|
$3.60
|
| Total Expenses |
$45,319
|
$4.72
|
| Net Operating Income |
$79,481
|
$8.28
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $124,800 |
| Annual Per SF | $13.00 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $124,800 |
| Annual Per SF | $13.00 |
| Taxes | |
|---|---|
| Annual | $10,719 |
| Annual Per SF | $1.12 |
| Operating Expenses | |
|---|---|
| Annual | $34,600 |
| Annual Per SF | $3.60 |
| Total Expenses | |
|---|---|
| Annual | $45,319 |
| Annual Per SF | $4.72 |
| Net Operating Income | |
|---|---|
| Annual | $79,481 |
| Annual Per SF | $8.28 |
Property Facts
1 of 1
PROPERTY TAXES
| Parcel Number | 216-070-10813 | Total Assessment | $374,700 (2023) |
| Land Assessment | $36,000 (2023) | Annual Taxes | $10,719 ($1.12/SF) |
| Improvements Assessment | $338,700 (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
216-070-10813
Land Assessment
$36,000 (2023)
Improvements Assessment
$338,700 (2023)
Total Assessment
$374,700 (2023)
Annual Taxes
$10,719 ($1.12/SF)
Tax Year
2024
zoning
| Zoning Code | Commercial/ residential |
| Commercial/ residential |
Learn More About Investing in Apartment Buildings
1 of 26
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
85-87 Main St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.