Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    28 Lake Morey Rd Fairlee, VT 05045

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $420,000

    Two-unit property in Fairlee, VT, near Lake Morey.

    Lot size:
    0.45 Acres

    Property Features for 28 Lake Morey Rd

    General Information

    Lot size
    0.45 Acres

    Building Details

    Year built
    1900

    Source: Coldwell Banker LIFESTYLES - Hanover Agent Annette Hartley-White

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fairlee Multifamily Home Near Lake

    This well-maintained two-unit multi-family home is located in the village of Fairlee, Vermont. Unit #1 features an open-concept kitchen, dining, and living area with a bathroom on the main floor, plus two bedrooms and an office upstairs. Unit #2 offers first-floor living with two bedrooms, a bathroom, and a spacious kitchen, dining, and living area. A garage rental space provides additional income potential. The property is located near Lake Morey Country Club, Fairlee Beach, and I-91. It is suitable for investors or owner-occupants looking to offset their mortgage and is close to all town amenities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Fairlee
    County
    Orange
    State
    Vermont
    Longitude
    -72.1495273
    Latitude
    43.9045426

    Nearby Similar for Sale

    • $863,000

      Fairlee Specialty Property For Sale

      Specialty property available for purchase in Fairlee, Vermont.
      1675 Us Route 5 South, Fairlee, VT 05045
      View Details

    FAQs

    What type of property is this?
    Duplex - Two-unit property in Fairlee, VT, near Lake Morey.
    Where is this duplex located?
    The property is located at 28 Lake Morey Rd Fairlee, VT.
    What is the asking price?
    The asking price for this property is $420,000.
    What are key features of this property?
    This property features: - Multi-family home with two units, ideal for investors or owner-occupants seeking rental income.; - Additional income potential from garage rental space.; - Convenient location near Lake Morey Country Club, Fairlee Beach, and I-91.
    (802) 299-7157
    Request Owner's contact information
    28 Lake Morey Rd Fairlee, VT 05045
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    28 Lake Morey Rd
    Fairlee, VT 05045
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    28 Lake Morey Rd Fairlee, VT 05045
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.