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About the Listing 6370 - 285219
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 Highlights
Status
Active
Days on Site
97
Property Type
Multi-Family
MLS ®
5069106
Year Built
1954
Total Square Footage
4,103
Lot/Acreage
2
County
Orange
School District
Rivendell Interstate Sch Dist
Elementary School
Samuel Morey Elementary
High School
Rivendell Academy
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Propane,Oil,Baseboard,Hot Water,Individual
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 4103
- Below Ground Sq Ft: n/a
- Basement: Yes,Gravel,Insulated,Unfinished,Exterior Access,Basement Stairs
- Other:
- Water:
Exterior Details
- Lot Description: Existing
- Garage Capacity: N/A
- Zoning: Mixed use
- Roof: Metal
- Others:
- Sewer: Septic
Financial Details
- Tax Amount: $6,125
- Taxes w/Assessments: $334,400
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
1675 Us Route 5 South Fairlee, VT 05045
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