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Listed by Darcy Handy • RE/MAX North Professionals
$ 799,000
Est. payment /mo
New
2 Fletcher RD Fairfax, VT 05454
11 Beds
7 Baths
4,913 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,913 sqft
Price per Sqft $162
MLS Listing ID 5114944
Bedrooms 11
Full Baths 7
Construction Status Existing
Year Built 1880
Annual Tax Amount $12,660
Tax Year 2027
Lot Size 10,890 Sqft
Acres 0.25
Property Description
Excellent investment opportunity at 2 & 4 Fletcher Road in Fairfax! This well-maintained, fully occupied six-unit property offers immediate income with additional potential for rental growth. The property features a five-unit apartment building originally constructed in 1880, along with a separate single-family home built in 2023, offering an attractive combination of historic character and modern construction. Currently generating $92,100 in annual gross rental income, with room to increase rents, this property presents an appealing opportunity for investors looking to expand their portfolio. Ample on-site parking provides convenience for residents, while the combination of five apartments and a newer standalone home offers a diversified rental mix. With all six units occupied and income already in place, this is an opportunity to acquire an established income-producing property with potential for increased returns. Whether you're a seasoned investor or looking to grow your real estate holdings, 2 & 4 Fletcher Road deserves a closer look!
Location
State VT
County Vt-franklin
Area Vt-Franklin
Zoning Mixed Use
Rooms
Basement Entrance Interior
Basement Basement Stairs, Full
Interior
Cooling None
Exterior
Utilities Available Propane
Roof Type Metal
Building
Story 2.5
Sewer Public
Architectural Style Apartment Building
Construction Status Existing
Schools
High Schools Bfa Fairfax High School
School District Fairfax School District
Others
Virtual Tour https://maplehousemedia.hd.pics/2-Fletcher-Rd/idx
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