1035 US Route 5 Derby, VT 05829

Building Details

Year Built

1783

Listing Agency Century 21 Farm & Forest Realty Inc L**@farmandforest.com Show Phone

Listed by Lee Fitzgerald-Pierce Show Phone

Source Elliman

Added: Mar 11 Checked: Jul 20 at 4:46 am

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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

Property Profile Location Intelligence

FAQs

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.