- beds
- —
- baths
- —
- sq ft
- 4,103
- Built
- 1954
1675 US Route 5 South
Fairlee, VT 05045
Residential Income · Active · MLS #5069106
Listing Courtesy of Tesla Realty Group, LLC | Loren Wehmeyer
The home
About this home
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.
Property information
Details at a glance
Interior1 property facts
- Heating
- Baseboard, Hot Water
Building3 property facts
- Style
- Multi Family
- Year built
- 1954
- Roof
- Metal
Land & utilities3 property facts
- Lot size
- 2 acres
- Water
- Well, Private
- Sewer
- Septic Tank
Financial2 property facts
- Annual taxes
- $6,125
- Assessment year
- 2025
Plan your purchase
Estimated monthly cost
Explore costs at the $863,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$4,874 / monthAdjust
- Principal & interest
- $4,364
- Property tax
- $510
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $6,125. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Listing history
Price and status timeline
No additional listing history is available for public display.
Compare with confidence
Price & market context
See how this home compares with active listings in Fairlee.
| Metric | This home | Local listings |
|---|---|---|
| List price | $863,000 | $631,00037% above local |
| Price / sq ft | $210 | $212Near the local benchmark |
| Days on market | 0 | 147100% below local |
Active city listing statistics from PrimeMLS as of September 12, 2026. Asking prices are not completed-sale values.
Keep exploring
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Common questions
About 1675 US Route 5 South
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Request a tour of 1675 US Route 5 South and a Bean Group agent will help coordinate an available time with the listing side.
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