1675 US Route 5 South, Fairlee, VT 05045
1675 US Route 5 South, Fairlee, VT 05045
1675 US Route 5 South, Fairlee, VT 05045
1675 US Route 5 South, Fairlee, VT 05045
1675 US Route 5 South, Fairlee, VT 05045
1675 US Route 5 South, Fairlee, VT 05045
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Thomas Ferraro

Thomas Ferraro

+1(774) 254-7538
Listed by Loren Wehmeyer • Tesla Realty Group, LLC
$ 863,000
Est. payment | /mo

4,103 SqFt

Save
$ 863,000
Est. payment | /mo
Save

4,103 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,103 sqft

Price per Sqft $210

MLS Listing ID 5069106

Construction Status Existing

Year Built 1954

Annual Tax Amount $6,125

Tax Year 2025

Lot Size 2.000 Acres

Acres 2.0

Property Description

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.

Location

State VT

County Vt-orange

Area Vt-Orange

Zoning Mixed use

Rooms

Basement Entrance Walk-up

Basement Gravel, Insulated, Unfinished, Exterior Access, Basement Stairs

Interior

Cooling None

Exterior

Utilities Available Cable at Site, Propane, Satellite, Phone

Roof Type Metal

Building

Story 1

Sewer Septic

Architectural Style Multi-Family

Construction Status Existing

Schools

Elementary Schools Samuel Morey Elementary

High Schools Rivendell Academy

School District Rivendell Interstate Sch Dist

PrimeMLS
Thomas Ferraro

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(774) 254-7538

thomasfrealtor@gmail.com

Manchester, NH

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1675 US Route 5 South