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Vermont Multifamily Investment Opportunity
For Sale
$1,200,000

1035 US Route 5, Derby, VT 05829

Fully occupied 7-unit complex on 16 acres in Vermont.

Property SizeContact for details
Lot Size16.36 Acres
Days on Market167

Property Features for 1035 US Route 5

General Information

Standard status Active
Lot size 16.36 Acres
Property subtype Investment

Building Details

Year Built 1783
Units 7
Listing Agency: Century 21 Farm & Forest Realty Inc
Listed By: Lee Fitzgerald-Pierce
Source: Elliman
Added: Mar 11 Changed: Aug 8 Last Checked: Aug 23 at 10:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Farm & Forest Realty Inc

Investment Insights

Based on property information with market context.

This fully occupied 7-unit complex presents a unique investment opportunity in the Northeast Kingdom of Vermont. Situated on over 16 acres of land, the property offers potential for future development, featuring substantial road frontage and a spacious three-story barn awaiting architectural renovation. All seven units are consistently occupied by long-term professional tenants. The original farmhouse was renovated in 2013, preserving intricate woodwork, medallion ceilings, floor boards, and exposed beams. The original milk house has been converted into two separate one-bedroom units with propane heat. Tenants are responsible for their own utilities. Each unit includes access to covered parking and storage. The location provides access to recreational activities such as snowmobiling, skiing, kayaking, canoeing, boating, hiking, and biking. The property is located minutes from Route 91 North & South, and within minutes of Canada. The property has an excellent rental history.

Key Highlights

  • Fully occupied 7‑unit complex with long‑term professional tenants, providing immediate rental income.
  • 16+ acres of land with road frontage, offering potential for future development.
  • Original farmhouse renovated in 2013, preserving historic features like woodwork, medallion ceilings, and exposed beams.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Auto Parts Store Garden Center Big Box & Wholesale Store Spa & Massage Center Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

Demographics for 05829, VT

1,854
Population
1,141
Households
1.6
Avg Household Size
48
Median Age
23%
College-Educated
93%
High-School Grad
23.9 sq mi
ZIP Area
78
Density / Sq Mi
$67,917
Median Household Income
$33,716
Median Earnings
$1,096
Median Rent
$213,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied 7-unit complex on 16 acres in Vermont.
Where is this apartment building located?
The property is located at 1035 US Route 5 Derby, VT.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Fully occupied 7‑unit complex with long‑term professional tenants, providing immediate rental income.; 16+ acres of land with road frontage, offering potential for future development.; Original farmhouse renovated in 2013, preserving historic features like woodwork, medallion ceilings, and exposed beams.
More about this property
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