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1675 US-5 South

Fairlee VT 05045

4103 sq. ft.
87120 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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.

Features

4103 sq. ft. floor area
87120 sq. ft. lot size
Multi-Family

Property history for 1675 US-5 South

2019
Sold
$185,000
31 Jan 2019 by Jeffrey Flynn, of Atlantic Real Estate Network

Happy sellers in Fairlee

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Local market activity for multi families in Fairlee

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Sales:
(619) 566-0008
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