1675 US Route 5 South, Fairlee, VT 05045

Building Details

Year Built

1954

Listing office L***@gmail.com Show Phone

Listing date Mar 11, 2026

Source Elliman

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 Loren Wehmeyer

Report an issue

---

Overview

This multifamily property features two buildings on one parcel, offering eight residential units and two rented storage spaces. The unit mix includes four studios, three one-bedroom apartments, and one two-bedroom unit. Located 22 minutes from Hanover, NH, the buildings sit on a spacious lot with a large backyard. Recent upgrades in 2020 include new windows, all-new plumbing supply lines, a pressure tank, a water softener, added insulation, four new kitchens, four new Rinnai heaters, and improvements to a relatively new septic system. Tenants pay their own electric, and six of the eight units pay their own heat. The property also features on-site coin-operated laundry for tenant convenience. This is an investment opportunity with a strong income stream and proven rental history.

Suggested Use

Big Box & Wholesale Store Veterinary Clinic Nursing Home Nursing Home Nail Salon Kitchen & Bath Showroom Plumbing Service Hair Salon Spa & Massage Center Garden Center

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

Location Insight

• Map
• Local Demand

City

Fairlee

County

Orange

State

Vermont

Longitude

-72.1735

Latitude

43.888

Nearby Similar for Sale

• 

  $325,000

  Restaurant Property on Route 5

  Commercial restaurant property with high visibility and potential for conversion.

  456 US Route 5 S, Fairlee, VT 05045

  View Details
• 

  $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
• 

  $399,000

  1,875 SF

  Fairlee Multi-Family Home For Sale

  Two-unit property near Lake Morey, ideal for investors or owners.

  28 Lake Morey Road, Fairlee, VT 05045

  View Details

FAQs

What type of property is this?

Apartment building - Well-maintained multifamily property with eight units and strong rental history.

Where is this apartment building located?

The property is located at 1675 US Route 5 South Fairlee, VT.

What is the asking price?

The asking price for this property is $863,000.

What are key features of this property?

This property features: Turnkey investment property with a strong income stream and proven rental history.; Eight residential units and two rented storage spaces provide diverse housing options and income streams.; Recent upgrades in 2020 including new windows, plumbing, insulation, and kitchens ensure low‑maintenance operation.