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Seven-Unit Multifamily with Barn

1035 US Route 5 Derby, VT 05829

1035 US Route 5, Derby, VT, 05829
$1,200,000
For Sale
$1,200,000

MULTI_FAMILY - Other - Derby, VT

Property Size6,750 SF
Lot Size16.36 Acres
Price / SF$177.78
Days on Market238

Property Features for 1035 US Route 5

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
Commercial and R2
Rooms
Basement
Parking features
Carport, Covered, Assigned
Standard status
Active
Size
6,750 SF
Lot size
16.36 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
11048

Utilities

Utilities
Propane
Heating system
Oil, Other (Heating), Baseboard, Propane (Heating)
Water source
Well, Private

Building Details

Year built
1783
Floors in Building
3
Number of units
7
Building materials
Wood Frame
Roof type
Metal
Architectural style
Other
Listing Agency Century 21 Farm & Forest
34 Up North Dr, Derby, VT
Listed by Lee Fitzgerald-Pierce
Added: Nov 23, 2025 Checked: Jul 19 at 7:06 pm
MLS# 5070753 Listing URL

Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This fully occupied seven-unit multifamily property includes a renovated farmhouse and converted milk house, plus a spacious three-story barn. The original farmhouse was renovated in 2013 and retains distinctive woodwork, medalion ceilings, floor boards, and exposed beams. The original milk house has been reconfigured into two separate one-bedroom units with propane heat. Tenants pay their own utilities. Each unit has access to covered parking and storage, supporting day-to-day convenience.

Set on 16.36 acres, the site includes room for future development and features lots of road frontage. The property is located in Derby, Vermont, with access described as minutes to Route 91 North and South, and Canada within minutes.

The configuration of a renovated multi-unit main structure alongside a large barn makes this property suitable for buyers seeking a small residential income asset with on-site accessory space. The covered parking and unit-level storage are practical for tenants, while the barn and acreage provide additional flexibility for future improvements consistent with the current site layout. Zoning is listed as Commercial and R2.

Key Highlights

  • 7‑unit complex on 16+ acres with lots of road frontage
  • Original farmhouse renovated in 2013, preserving intricate woodwork, medallion ceilings, floorboards, and exposed beams
  • Original milk house converted into two separate 1‑bedroom units with propane heat

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

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

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Seven-unit complex on 16+ acres with propane-heated units, covered parking, storage, and a 3-story barn.
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: 7‑unit complex on 16+ acres with lots of road frontage; Original farmhouse renovated in 2013, preserving intricate woodwork, medallion ceilings, floorboards, and exposed beams; Original milk house converted into two separate 1‑bedroom units with propane heat
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