2 Fletcher Rd, Fairfax, VT 05454

$799,000
4,913
SqFt

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Listing courtesy of Darcy Handy from RE/MAX North Professionals. ()

List Price
$799,000
Status
ACTIVE
MLS#
5114944
Living Area
4,913
Lot Size
0.25
Acres
0.25
Year Built
1880

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!

Additional Information

Taxes
$12,660
Listing Agent
Darcy Handy
Listing Office
RE/MAX North Professionals
Style
Apartment
School District
Fairfax School District
High School
BFA Fairfax High School
Electric
Circuit Breakers
Utilities
Propane
Basement
Full, Basement Stairs
Foundation
Stone
Sewer
Public Sewer
Roof
Metal
Zoning
Mixed Use
Water
Drilled Well, Public

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