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Price Change! reduced by $21,000 down 5% on June 4th 2026
$399,000 | $213 per sq.ft.
A 3  Unit Multi Family Home, in Fairlee VT With 2 - Two Bedroom Units MLS# 5068072




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Listed by Hartley White & Co Coldwell Banker LIFESTYLES - Hanover Phone: 802-299-7157 on October 31st 2025
28 Lake Morey Road Fairlee VT 05045


DESCRIPTION


Well-maintained two-unit multi-family home in the village of Fairlee, VT! Unit #1 offers an open-concept kitchen, dining, and living area with a ¾ bath on the main floor, plus two bedrooms and an office upstairs. Unit #2 provides convenient first-floor living with two bedrooms, a ¾ bath, and a spacious kitchen, dining, and living area. A garage rental space adds additional income potential. Located near Lake Morey Country Club, Fairlee Beach, and I-91, this property offers both comfort and convenience. Perfect for investors or owner-occupants looking to offset their mortgage. Close to all town amenities, this one won't last long!
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UNIT 1 INFORMATION
Beds: 2
Baths: 1
Rooms: 5
Level: 1st/2nd fl
Info : Dishwasher,Gas Range,Refrigerator,Smoke Detector
Tenant Pays : Electric,Heat,Trash
Rent : 1500.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Leased
UNIT 2 INFORMATION
Beds: 2
Baths: 1
Rooms: 5
Level: 1
Info : Gas Range,Smoke Detector
Tenant Pays : Electric,Heat,Trash
Rent : 1000.00 Monthly
Lease Term : Annual
Signed Lease : Yes

CONSTRUCTION

Wood Frame | Year Built: 1900
No. of Floors:1.5
Total Sq.Ft. Finished: 1875
Above Grade Sq.Ft.: 1875
Apx Below Grade Unfinished Sq.Ft.: 400
Price Per SQ.FT. 212.80
Basement: Bulkhead | Crawl Space | Unfinished
Heating: Propane
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Propane
Electric Meters:
Style: Multi-Family
Roof: Metal
Water: Public
Sewer: Private
Seasonal: No
LAND LOT INFORMAITION
Lot Description: Corner | Level | In Town | Near Country Club | Near Golf Course | Near Railroad | Near School(s)
Lot size: 0.45 acres
Zoned: Interchange/Village
Surveyed: Unk
Flood Zone: No
Road Frontage: 140
Driveway: Gravel
PROPERTY INFORMATION
Taxes $4,748

AREA INFORMATION
Elementary School: Samuel Morey Elementary