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Bean Group
Offered at $449,000Active
beds
7
baths
3
sq ft
3,053
Built
1900

1306 Main Street

Fairfax, VT 05454

About this home

Great opportunity to own a well-maintained three-unit apartment building offering flexibility for both owner-occupants and investors! The property features two spacious two-bedroom, one-bathroom units and one three-bedroom, one-bathroom unit, providing multiple rental income possibilities. Recent exterior updates include a new roof, windows, and siding, offering peace of mind and added value for the next owner. Each unit has separate utilities, making management and expense tracking convenient and straightforward. Situated on a town-maintained road, this property offers easy access to town amenities, shopping, and major highways. The property features plenty of parking for tenants and guests, along with a lawn area for outdoor enjoyment. Whether you're looking to live in one unit while generating rental income from the others or expand your investment portfolio with a multi-unit property, this three-unit building presents an excellent opportunity to build equity and generate income. Don't miss your chance to explore the possibilities this versatile property has to offer!

Listing last checked: Listing updated:

Listed by Renee Rainville · New Leaf Real Estate · MLS #5114313

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Details at a glance

Interior5 property facts
Rooms
1
Heating
Baseboard, Radiant, Steam, Forced Air
Cooling
None
Flooring
Carpet, Hardwood, Vinyl
Basement
Yes · Concrete Floor, Partial, Interior Stairs, Storage Space, Unfinished, Basement Stairs
Building4 property facts
Style
Multi Family
Year built
1900
Foundation
Block
Roof
Shingle, Membrane
Land & utilities4 property facts
Lot size
0.67 acres
Sewer
Public Sewer
Pool
Not reported
Zoning
res
Financial2 property facts
Annual taxes
$6,125
Assessment year
2026

Location

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Estimated monthly cost

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Known monthly costs$2,781 / monthAdjust
Principal & interest
$2,270
Property tax
$510
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $6,125. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

More property insights

Photo-based condition insights

Overall presentation: below average

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About 1306 Main Street

Can I request a private showing?

Request a tour of 1306 Main Street and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.