Fairlee, VT | 1675 US Route 5 South

$863,000
MLS#: 5069106
8
# of Units
4,103
Total Sq. Feet
2.00
Acres
$6,125
Taxes
1 of 19

General Property Information

Price:
$863,000
County:
VT-Orange
Acres:
2.00
Property Type:
Multi-Family
Property Status:
Active
# of Units:
8
Agency/Brokerage:
Loren Wehmeyer
Tesla Realty Group, LLC

Excellent investment opportunity in the Upper Valley! This well-maintained multifamily property features two buildings on one parcel, offering a total of eight residential units and two rented storage spaces. The unit mix includes four studios, three one-bedroom apartments, and one two-bedroom unit, providing a diverse range of housing options with strong rental demand. Conveniently located just 22 minutes from Hanover, NH, this property combines accessibility with a country setting. The buildings sit on a spacious lot with a large backyard, creating privacy and outdoor enjoyment for tenants. Recent upgrades (2020) include new windows, all-new plumbing supply lines, pressure tank, water softener, added insulation, four new kitchens, four new Rinnai heaters, and improvements to a relatively new septic system, ensuring efficient and low-maintenance operation for years to come. Tenants pay their own electric, and six of the eight units pay their own heat, keeping owner expenses minimal. The property also features on-site coin-operated laundry for tenant convenience. This is a turnkey investment with a strong income stream and proven rental history—perfect for investors seeking stable returns in a desirable Upper Valley location. Listing agent has an ownership interest in the property.

Features

Property Type:
Multi-Family
# of Units:8
Subdivision Name:
Year Built:
1954
Parking:
Road Frontage:
300
Acres:2.00
Gross Income:
97,050
Annual Expenses:
0
# of Gas Meters:
6
# of Electric Meters:
9
Sq Ft (Above Ground):
4103
Sq Ft (Below Ground):
0
Total Sq Ft:
4103
Land Description:Level
Elementary School:
Samuel Morey Elementary
Middle School:
High School:
Rivendell Academy
Financing Details:
Documents Available:

Unit Information

Unit 1

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Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2025-11-10
Last Updated:

Stowe Village Office

Ryan Aughey

(P) 802.253.9771
(F) 802.253.1806
email

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