1675 US Route 5 South, Fairlee, VT 05045
Local realty services provided by:ERA Key Realty Services
1675 US Route 5 South,Fairlee, VT 05045
$863,000
- - Beds
- 8 Baths
- 4,103 sq. ft.
- Multi-family
- Active
Listed by: loren wehmeyer
Office: tesla realty group, llc.
MLS#:5069106
Source:PrimeMLS
Price summary
- Price:$863,000
- Price per sq. ft.:$210.33
About this home
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.
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Home facts
- Year built:1954
- Listing ID #:5069106
- Added:38 day(s) ago
- Updated:December 17, 2025 at 01:35 PM
Rooms and interior
- Total bathrooms:8
- Full bathrooms:8
- Living area:4,103 sq. ft.
Heating and cooling
- Heating:Baseboard, Hot Water, Individual, Oil
Structure and exterior
- Roof:Metal
- Year built:1954
- Building area:4,103 sq. ft.
- Lot area:2 Acres
Schools
- High school:Rivendell Academy
- Elementary school:Samuel Morey Elementary
Utilities
- Sewer:Septic
Finances and disclosures
- Price:$863,000
- Price per sq. ft.:$210.33
- Tax amount:$6,125 (2025)
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