Listing Details

Fairlee, VT 05045 1675 US Route 5 South

1675 US Route 5 South Fairlee, VT - Image 11675 US Route 5 South Fairlee, VT - Image 21675 US Route 5 South Fairlee, VT - Image 3
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Presented By: Loren Wehmeyer with Tesla Realty Group, LLC; Cell: 802-359-2122
  • PrimeMLS - 85 - NH
  • MLS# 5069106
  • Request Tour
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Disclaimer: The information contained in this listing has not been verified by Halliday Real Estate and should be verified by the buyer.
  • SQFT • 4,103

Home Details

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.
Presented By: Loren Wehmeyer with Tesla Realty Group, LLC; Cell: 802-359-2122

Interior Features for 1675 US Route 5 South

Bathrooms

Total Full Baths8

Other Interior Features

Total Ranges8
Total Refrigerators8
InternetHigh Speed Intrnt Avail
Total Finished Area4103
Total Water Heaters3
Total 3+ BR Units0
Total 2 BR Units1
Total 1 BR Units7
Basement Access TypeWalk-up
BasementYes
Basement DescriptionGravel, Insulated, Unfinished, Exterior Access, Basement Stairs
Total Number of Units8

General for 1675 US Route 5 South

AppliancesElectric Water Heater, Water Heater off Boiler
Assessment Amount334400
AuctionNo
CityFairlee
Construction MaterialsConcrete Exterior
Construction StatusExisting
CoolingNone
CovenantsNo
DOM256
DirectionsLocated south of Fairlee, between Oak Lane and Newton's. The GPS may say East Thetford or the GPS may say Fairlee. Both will bring you to the correct location (1675 US Route 5 South). The buildings ar
EasementsUnknown
ElectricCircuit Breaker(s)
Electric CompanyGreen Mountain Power
Elementary SchoolSamuel Morey Elementary
Flood ZoneNo
Fuel CompanyEastern/Dead River
GarageNo
Gross Income97050
HeatingPropane, Oil, Baseboard, Hot Water, Individual
High SchoolRivendell Academy
Last Updated11/10/2025 18:15:33
Net Income75211
Operating Expense21839
Pets AllowedNegotiable
Price Per Sq Ft Total AG210.33
Property ClassMulti-Family
Road FrontageYes
RoofMetal
School DistrictRivendell Interstate Sch Dist
SeasonalNo
Separate UtilitiesVaries
SewerSeptic
Status Detail0
Stories Count1
StyleMulti-Family
Tax Year2025
Total Heat Units7
Total Rooms Above Ground9
TrashDumpster
UtilitiesCable at Site, Propane, Satellite, Phone
Year Built1954
ZoningMixed use
current useNo

Exterior for 1675 US Route 5 South

ColorYellow
DrivewayGravel
Foundation Block
Garage Capacity
Lot FeaturesLevel
Lot Size Area2
Lot Size Square Feet87120
Parking FeaturesParking Spaces 11 - 20
Road Frontage Length300
Road Frontage TypePublic Maintained Road
SurveyedNo
Total Electric Meters9
Total Gas Meters6
Water SourceDrilled Well

Additional Details

Price History

Schools

Middle School N/A
High School Rivendell Academy High School
Elementary School Samuel Morey Elementary

Sadie Halliday

REALTOR
Price $863,000
MLS#5069106
Property Type Multi-Family
Phone 603.660.2321
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