Properties Near 33 River Street Fair Haven, VT

This versatile two-unit mixed use building in a prime Castleton location offers a rare opportunity for both investors and owner-occupants. Currently it is a one-bedroom apartment with an additional commercial space, but with approval from the town, the property could be converted into a residential multi-family, featuring a one-bedroom, one-bathroom apartment and a spacious two-bedroom, one-and-a-half-bathroom apartment. The finished basement space provides plenty of storage, making it ideal for tenants or personal use. If you prefer to maintain the property as mixed use, the commercial space is full of potential. Its flexible layout lends itself perfectly to a wide variety of businesses—whether you envision it as an office, hair salon, daycare, or another professional use. Located in a prime Castleton location, this property combines visibility, convenience, and long-term potential. Whether you’re looking to expand your investment portfolio or create a home and business space all in one, this is a unique opportunity you won’t want to miss.

This well-maintained five-unit multifamily asset offers a strong investment profile, anchored by a solid 10% cap rate and consistent rental performance. The property features a diversified unit mix consisting of three two-bedroom apartments, one one-bedroom unit, and one efficiency, supporting broad tenant appeal and reliable occupancy. Operating efficiency is enhanced by landlord-provided heat, trash removal, snow removal, and lawn care, while tenants are responsible for electric utilities in all units except Apartment C. A large off-street parking area adds further value by providing ample, convenient parking for residents. Strategically located within walking distance to local shops, restaurants, a laundromat, and everyday services, the property benefits from sustained rental demand and a history of consistent occupancy. With strong cash flow, practical management features, and an attractive return profile, this asset is well-suited for investors seeking dependable income whether expanding an existing portfolio or entering the multifamily market with confidence.

Great opportunity for an owner-occupant looking to offset their mortgage! Live in one unit and rent the other, or add a solid multi-family property to your portfolio. This well-maintained 2-unit property in Fair Haven features two 2-bedroom, 1-bath units that have both seen thoughtful renovations. Each unit offers comfortable living space and strong rental income, with tenants currently paying ALL utilities. The property provides dependable income while giving an owner-occupant the chance to significantly reduce their monthly housing costs. The exterior features low-maintenance vinyl siding and vinyl windows, making upkeep simple while providing durability through Vermont’s many seasons. The home is connected to town water and sewer, eliminating the need to maintain a private well and septic system. Many improvements have already been completed, allowing the next owner to step in and start benefiting from the property right away. Whether you're looking for a smart way to reduce your housing costs or a dependable investment property, this duplex offers flexibility, steady income potential, and a convenient Fair Haven location. Schedule your showing today.