NOT LISTED FOR SALE

15 S Main St Fair Haven, VT 05743

Estimated Value: $106,000 - $231,000

8 Beds
8 Baths
7,740 Sq Ft
$22/Sq Ft Est. Value

Last Sold November 14, 2022

Last sale price $395,000 $51 Per Sq Ft

Current estimated payment $1,226/month

106 Days on Market

Highlights

  • Wood Flooring
  • Zoned Heating
  • High Speed Internet
  • Covered Patio or Porch
  • Baseboard Heating

About This Home

As of November 2022

Turnkey Investment Opportunity! Rare 12 unit in one of a kind Historic Firehouse in the heart of downtown Fairhaven. Each unit features 1 bed, 1 bath, ample living area, individually metered heat units with many long-term tenants. Corner lot with designated parking area, within minutes of local Castleton University, downtown Rutland and Lake Bomoseen. Exterior is very sturdy double walled brick, well pointed and clean. Recently updated utilities, and some units being fully renovated, hardwood flooring throughout. Gross income over $81k, Income and expense available to qualified buyers. Property offers great cash flow. Don't miss out on this terrific opportunity!

Last Agent to Sell the Property

Flex Realty Group

Flex Realty Listed on: 06/22/2022

Last Buyer's Agent

Eric Hier

Northland Real Estate License #081.0134313

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $7,088

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Concrete Foundation
  • Slab Foundation
  • Membrane Roofing

Interior Spaces

  • 7,740 Sq Ft Home
  • 3-Story Property
  • Window Screens

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior Basement Entry

Parking

  • Stone Driveway
  • Assigned Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Heating System Uses Gas
  • Heating System Uses Oil
  • 200+ Amp Service
  • Gas Available
  • Oil Water Heater
  • High Speed Internet

Community Details

Recreation

  • Snow Removal

Additional Features

  • 12 Units
  • 9 Separate Gas Meters

Property Details

Home Type

Apartment

Est. Annual Taxes

$7,088

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 51.03
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 7740
  • Sq Ft - Apx Total Finished: 7740
  • Remarks Public: Turnkey Investment Opportunity! Rare 12 unit in one of a kind Historic Firehouse in the heart of downtown Fairhaven. Each unit features 1 bed, 1 bath, ample living area, individually metered heat units with many long-term tenants. Corner lot with designated parking area, within minutes of local Castleton University, downtown Rutland and Lake Bomoseen. Exterior is very sturdy double walled brick, well pointed and clean. Recently updated utilities, and some units being fully renovated, hardwood flooring throughout. Gross income over $81k, Income and expense available to qualified buyers. Property offers great cash flow. Don't miss out on this terrific opportunity!
  • List Agent: 282458
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Carpet, Hardwood, Laminate, Vinyl
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full, Slab, Stairs - Interior
  • Sq Ft - Apx Finished AG: 7740

Exterior Features

  • Construction: Masonry
  • Driveway: Crushed Stone
  • Exterior: Brick
  • Foundation: Brick, Concrete, Slab w/ Frost Wall
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Membrane
  • Features Exterior: Porch - Covered, Window Screens

Garage/Parking

  • Garage Description: Assigned

Utilities

  • Electric: 200 Amp
  • Fuel Company: Sams Fuel
  • Sewer: Public
  • Water: Public
  • Water Heater: Oil
  • Heating Fuel: Gas - LP/Bottle, Oil
  • Heating: Baseboard, Direct Vent, Multi Zone
  • Electric Company: Green Mountain Power
  • Separate Utilities: Varies
  • Total Electric Meters: 4
  • Total Gas Meters: 9
  • Total Heat Units: 10
  • Total Ranges: 12
  • Total Refrigerators: 12
  • Total Water Heaters: 1
  • Utilities: Gas - On-Site, Internet - Cable

Condo/Co-op/Association

  • Association Amenities: Snow Removal

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 9583
  • Lot Acres: 0.22
  • Lot Description: Neighbor Business, Street Lights
  • Surveyed: Unknown
  • Zoning: res
  • Deed Book: 50
  • Deed Page: 528
  • Deed Recorded Type: Warranty

Tax Info

  • Taxes TBD: Yes
  • Tax Gross Amount: 7088
  • Tax Year: 2022

Multi Family

  • Total Units: 12
  • Total1 Bedroom Units: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2002
Sold by
Dellacamera Ralph M
Bought by
Ransom David C
Current Estimated Value
$173,666
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ransom David C $28,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2022 11/14/22 Sold $395,000 -13.2% $51 / Sq Ft
10/06/2022 10/06/22 Pending -- -- --
09/14/2022 09/14/22 Price Changed $455,000 -4.2% $59 / Sq Ft
08/29/2022 08/29/22 Price Changed $475,000 -4.8% $61 / Sq Ft
08/09/2022 08/09/22 Price Changed $499,000 -9.1% $64 / Sq Ft
06/29/2022 06/29/22 Price Changed $549,000 -3.5% $71 / Sq Ft
06/22/2022 06/22/22 For Sale $569,000 -- $74 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,608 $121,000 $18,000 $103,000
2023 -- $121,000 $18,000 $103,000
2022 $2,546 $121,000 $18,000 $103,000
2021 $2,943 $121,000 $18,000 $103,000
2020 $2,904 $121,000 $18,000 $103,000
2019 $2,850 $121,000 $18,000 $103,000
2018 $2,648 $121,000 $18,000 $103,000
2017 $2,675 $123,900 $18,000 $105,900
2016 $2,554 $121,000 $18,000 $103,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4916897

PrimeMLS

APN: 216-070-10293