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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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1675 Us Route 5 South , Fairlee, VT 05045
$863,000
Est. Payment: $1,917.78/mo
0 Bed
0 Bath
4103 Sqft
Status: Active | Days on site: 311
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6370 - 622053
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House 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.

Highlights

Listed by Loren Wehmeyer , 802-359-2122 Tesla Realty Group, LLC , 844-837-5274.

Property Type

Multi-Family

Lot/Acreage
2

Year Built

1954

County

Orange

School District

Rivendell Interstate Sch Dist

Listing ID

5069106

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Above Ground Sq Ft:4103
Basement:Yes,Gravel,Insulated,Unfinished,Exterior Access,Basement Stairs

Exterior Features

Lot:Existing
Zoning:Mixed use
Roof:Metal
Sewer:Septic
Parking Features:Parking Spaces 11 - 20
Principal Interest
$1,918
Taxes
$510

Home Price

$863,000

Loan Details

30 yrs
%

Down Payment

20%
$172,600
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Monthly Price:
$1,917.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,917.78 $510.45 $0.00 $2,428.22
Yearly $23,013.33 $6,125.34 $0.00 $29,138.67
Total $690,400.00 $183,760.20 $0.00 $874,160.20

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Fairlee, VT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.