1675 US Route 5 South Fairlee VT Multi Family For Sale $863000

List Price: $863,000 | $210 per sq.ft. Multi Family A 8 Unit Multi Family Home
With 7 One Bedroom Units , 1 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Monday Nov 10, 2025 | MLS# 5069106

To see this Listing

call
603-643-3942

Email Star Johnson

Address: 1675 US Route 5 South Fairlee VT
Listed by Loren Wehmeyer Tesla Realty Group, LLC Cell: 802-359-2122
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. Operating Expenses : Heat,Insurance,Maintenance,Sewer,Snow Removal,Trash,Utilities,Water,Water/Sewer

Annual Expenses

Taxes: $6,125

Income
Gross Income | $97,050
NetIncome | $75,211

Appliances : Electric Water Heater | Water Heater off Boiler

Construction: Concrete Exterior
Year Built: 1954
Style: Multi-Family
Floors | Stories: 1
No. Elevators:
Total Sq.Ft. Finished: 4103
Above Grade Sq.Ft.: 4103
Basement: Gravel | Insulated | Unfinished | Exterior Access | Basement Stairs

Exterior Color: Yellow
Roof: Metal
Seasonal: No

Land Information
Level
Lot size: 2 acres
Zoned: Mixed use)
Surveyed: No
Flood Zone: No
Road Frontage: 300
Driveway: Gravel

Additional Information
Easement - Unknown
Taxes $6,125
Assesed Value Not Reported

Schools
School District: Rivendell Interstate Sch Dist
Elementary School: Samuel Morey Elementary
High School: Rivendell Academy

5 Old Nugget Alley, Hanover, NH 03755 603-643-3942
CONTACT STAR

Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College

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 August 29th, 2026

Licensed Real Estate Broker in NH and VT read more ...

PLEASE NOTE: Both New Hampshire and Vermont law require brokers and agents to disclose at the “time of first business meeting, prior to any discussion of confidential information”, in New Hampshire’s case, and “first reasonable opportunity”, in Vermont’s case, the nature of the relationships brokers have or may have with customers and clients. Each state requires that a disclosure form be presented to consumers for their review and acknowledgment at the appropriate time. These forms can be accessed at the following websites and you are encouraged to read these documents.Big Green Real Estate chooses as a business model to represent both buyers and sellers; please do not assume, without any contractual agreement otherwise, that Big Green Real Estate at this time represents your interests as an agent.
VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM

Web Sites Designed and Hosted by Business Services Consultants.