NOT LISTED FOR SALE

2 Cottage St Fair Haven, VT 05743

Estimated Value: $215,000 - $258,000

7 Beds
4 Baths
3,000 Sq Ft
$76/Sq Ft Est. Value

Last Sold November 24, 2023

Last sale price $200,000 $67 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,751/month

122 Days on Market

Highlights

  • Wood Flooring
  • High Speed Internet
  • Wood Siding
  • Baseboard Heating
  • Level Lot
  • Walk-Up Access

About This Home

As of November 2023

If you are looking for your next investment opportunity, here is a 4-unit multifamily in Fair Haven with a cap rate of just over 10%. On the first floor are two 2-bedroom units with a full bath, kitchen, and living room. On the second floor there is another 2-bedroom unit with a full bath, kitchen and living room and a recently renovated 1 bedroom unit with a full bath kitchen and living room. The renovated unit is vacant, so you have the opportunity to purchase the property and owner occupy while covering the mortgage with the income from the other 3 units or fill the vacancy with a tenant of your choice. Each unit has a private porch space for tenants to enjoy on nice days. Call to schedule your showing today!

Last Agent to Sell the Property

Hughes Group Team

Casella Real Estate License #082.0134727 Listed on: 05/16/2023

Last Buyer's Agent

Hughes Group Team

Casella Real Estate License #082.0134727 Listed on: 05/16/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,193

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Cedar

Interior Spaces

  • 4 Full Bathrooms
  • 3,000 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Walk-Up Access

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Water Heater
  • High Speed Internet

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $16,820
  • Gross Income $39,900
  • Net Operating Income $23,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,193

Year Built

Built in 1900

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 66.67
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3810
  • Sq Ft - Apx Total Finished: 3000
  • Year Built: 1900
  • List Agent: 281929
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Laminate, Vinyl, Wood
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 3000
  • Sq Ft - Apx Unfinished BG: 810

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Cedar, Wood
  • Foundation: Stone
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Domestic
  • Heating Fuel: Oil
  • Heating: Baseboard, Hot Water
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Utilities: Internet - Cable

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 4356
  • Lot Acres: 0.1
  • Lot Description: Level
  • Surveyed: Unknown
  • Zoning: unknown
  • Deed Recorded Type: Deed to be Obtained

Multi Family

  • Gross Income: 39900
  • Net Income: 23079.71
  • Total Full Baths: 4
  • Total Units: 4
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 3

Tax Info

  • Tax Gross Amount: 2192.64
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2004
Sold by
Pascal Properties Llc
Bought by
Driscoll David Joseph
Current Estimated Value
$251,058

Purchase Details

Closed on
Feb 28, 2003
Sold by
Wiesen Joan
Bought by
Pascal Prof Llc
Source: Public Records
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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
Driscoll David Joseph $107,500 --
Pascal Prof Llc $70,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/24/2023 11/24/23 Sold $200,000 0.0% $67 / Sq Ft
11/17/2023 11/17/23 Off Market $200,000 -- --
09/15/2023 09/15/23 Pending -- -- --
09/07/2023 09/07/23 Price Changed $209,900 -4.5% $70 / Sq Ft
05/16/2023 05/16/23 For Sale $219,900 +40.1% $73 / Sq Ft
04/30/2021 04/30/21 Sold $157,000 -7.1% $52 / Sq Ft View Prior Sale
03/22/2021 03/22/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $169,000 -- $56 / Sq Ft
Source: PrimeMLS

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 $5,162 $173,100 $16,200 $156,900
2023 -- $132,300 $16,200 $116,100
2022 $1,940 $84,800 $16,200 $68,600
2021 $2,195 $84,800 $16,200 $68,600
2020 $2,174 $84,800 $16,200 $68,600
2019 $2,112 $84,800 $16,200 $68,600
2018 $2,011 $84,800 $16,200 $68,600
2017 $0 $149,000 $16,200 $132,800
2016 $0 $84,800 $16,200 $68,600
2015 -- $1,490 $0 $0
2014 -- $1,490 $0 $0
2013 -- $1,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4953032

PrimeMLS

APN: 216-070-10002

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