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$863,000 | $210 per sq.ft. A 8  Unit Multi Family Home, in Fairlee VT With 7 - One Bedroom Units | 1 - Two Bedroom Units MLS# 5069106



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Listed by Loren Wehmeyer Tesla Realty Group, LLC Cell: 802-359-2122 on November 10th 2025
1675 US Route 5 South Fairlee VT 05045

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.
Appliances : Electric Water Heater | Water Heater off Boiler
Gross Income : $97050
Net Income: $
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CONSTRUCTION
Concrete Exterior | Exterior Color Yellow | Year Built: 1954
No. of Floors:1
Total Sq.Ft. Finished: 4103
Above Grade Sq.Ft.: 4103
Apx Below Grade Unfinished Sq.Ft.: 0
Price Per SQ.FT. 210.33
Basement: Gravel | Insulated | Unfinished | Exterior Access | Basement Stairs
Heating: Propane | Oil | Baseboard | Hot Water | Individual
Cooling: None
Electric: Circuit Breaker(s)
Trash: Dumpster
Utilities: Cable at Site | Propane | Satellite | Phone
Electric Meters: 9
Gas_Meters: 6
 Style: Multi-Family
Roof: Metal
Water: Drilled Well
Sewer: Septic
Seasonal: No
LAND LOT INFORMAITION
Lot Description: Level
Lot size: 2 acres
Zoned: Mixed use
Surveyed: No
Flood Zone: No
Road Frontage: 300
Driveway: Gravel
PROPERTY INFORMATION
Taxes $6,125
 | Assesed Value $334,400 in 2025

AREA INFORMATION
School District: Rivendell Interstate Sch Dist
Elementary School: Samuel Morey Elementary
High School: Rivendell Academy
Serving the needs of Buyers and Sellers in New Hampshire and Vermont since 1971 © Apr2826
Town & Country Realty Claremont
26 Tremont Street
Claremont, NH 03743
Telephone (603) 542-5188
(800) 542-5188
Fax (603) 542-6873
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PO Box 280 Rte 5
Ascutney, VT 05030
Telephone (802) 674-6311
(800) 542-5188
Fax (603) 674-6120
vtinfo@townandcountryrealty.com
Copyright © 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated April 28th, 2026
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