1675 US Route 5 South, Fairlee, VT 05045

• 8 baths

Property Description

This listing courtesy of Loren Wehmeyer, Tesla Realty Group, LLC

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.

Listing Status:

Active

Date Added:

November 10, 2025 at 06:00AM

Listing Office:

Tesla Realty Group, LLC : 844-837-5274

Listing Agent:

Loren Wehmeyer : 802-359-2122

MLS ID:

5069106

Interior

• Appliances: Electric Water HeaterWater Heater off Boiler
• Basement: GravelInsulatedUnfinishedExterior AccessBasement Stairs
• A/C: None
• Heating: PropaneOilBaseboardHot WaterIndividual

Exterior

• Style: Multi-Family
• Parking: Parking Spaces 11 - 20

Construction

• Roofing: Metal
• General: Concrete ExteriorBlock

Location

• Road/Access: Public Maintained Road
• School District: Rivendell Interstate Sch Dist
• County: Orange

Lot

• Driveway: Gravel
• Zoning: Mixed use
• Current Use: None

Utilities

• Utilities: Cable at SitePropaneSatellitePhone
• Water: Drilled Well
• Sewer: Septic

This listing courtesy of Loren Wehmeyer, Tesla Realty Group, LLC