1675 US Route 5 South

Multi-Family Property
List Price: $863,000
Location: Fairlee, VT
MLS #: 5069106
Total Units: N/A
Total Bedrooms: N/A
Total Bathrooms: N/A
Status: Active

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.

Multi-Family Features

🏢 Multiple Units
💰 Investment Income
📊 Property Management
📈 Scalable Investment

Investment Opportunities

Multiple Income Streams

Generate income from multiple rental units, providing diversified revenue and reduced vacancy risk.

Scalable Investment

Multi-family properties offer excellent potential for scaling your real estate investment portfolio.

Professional Management

Perfect for investors looking to build a managed real estate portfolio with professional oversight.

Rental Analysis

Monthly Rental Income

$6,904 - $10,356

Estimated based on 0.8% - 1.2% of property value

Annual ROI Potential

8% - 12%

Based on typical multi-family returns

School Reports for Fairlee

Change Indicators:

Excelling🔺 Improving Not Improving🔻 Declining🔒 Suppressed No Data

Samuel Morey Elementary School

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Westshire School

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