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Listed by Loren Wehmeyer with Tesla Realty Group, LLC 844-837-5274
0 Beds
0 Baths
4,103 sqft

$863,000

1675 US Route 5 South, Fairlee VT, 05045

Price per sqft$210.33
Built in1954
Property size4,103 sqft
Property typeMulti-family

Overview

Active

Listed Nov 10, 2025

Updated Jun 9

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.

$5,742/mo

Est. mortgage payment based on a $863,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
5069106

Interior Features

Bedrooms
0
Bathrooms
0
Heating
Yes
Basement
No

Exterior Features

Lot Size
2 Acres

Other Property Details

Taxes
$6,125
Tax Frequency
Annually
MLS provider logo

Listed by Loren Wehmeyer with Tesla Realty Group, LLC 844-837-5274

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