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2 Fletcher Road

Fairfax, VT 05454

MLS # 5114944 Multi-Family Active
$12,660
Taxes
4,913
Square feet
6
# of units
0.25
Acres

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!

Property Type Multi-Family
# of Units 6
Subdivision Name N/A
Year Built 1880
Parking N/A
Road Frontage N/A
Acres 0.25
Gross Income 92100
Annual Expenses 14500
# of Gas Meters N/A
# of Electric Meters N/A
Sq Ft (Above Ground) 4913
Sq Ft (Below Ground) 0
Total Sq Ft 4913
Land Description N/A
Elementary School N/A
Middle School N/A
High School BFA Fairfax High School
Financing Details N/A
Documents Available N/A