1675 US Route 5 South Fairlee, VT $ 863,000
1675 US Route 5 South
$ 863,000
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1675 US Route 5 South

Fairlee, VT, 05045
$ 863,000
Baths0.0 Sq 4,103

Monthly Estimate*

$ 5,314

Listed by Loren Wehmeyer, Tesla Realty Group, LLC, 802-359-2122, LorenWehmeyer@gmail.com
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Studio

Multi-Family Home for sale in Fairlee, VT

for $863,000. This 4,103 square foot home was built in 1954 on a lot size of 2.

Excellent investment opportunity in the Upper Valley! This well-maintained multifamily property features two buildings on one parcel, offering a total of eight residential units and two rented storage spaces. The unit mix includes four studios, three one-bedroom apartments, and one two-bedroom unit, providing a diverse range of housing options with strong rental demand. Conveniently located just 22 minutes from Hanover, NH, this property combines accessibility with a country setting. The buildings sit on a spacious lot with a large backyard, creating privacy and outdoor enjoyment for tenants. Recent upgrades (2020) include new windows, all-new plumbing supply lines, pressure tank, water softener, added insulation, four new kitchens, four new Rinnai heaters, and improvements to a relatively new septic system, ensuring efficient and low-maintenance operation for years to come. Tenants pay their own electric, and six of the eight units pay their own heat, keeping owner expenses minimal. The property also features on-site coin-operated laundry for tenant convenience. This is a turnkey investment with a strong income stream and proven rental history—perfect for investors seeking stable returns in a desirable Upper Valley location. Listing agent has an ownership interest in the property.

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Multi-Family Active

Price

$ 863,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Multi-Family

Lot Size

2

Year Built

1954

Town/City

Fairlee

County/Region

Orange

MLS | Web ID

5069106

Features
Interior
Basement Description Gravel Insulated Unfinished Exterior Access Basement Stairs
Basement Yes
Total Number of Units 8
Total Full Baths 8
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General
Road Frontage Yes
Sewer Septic
Heating Propane Oil Baseboard Hot Water Individual
Cooling None
Utilities Cable at Site Propane Satellite Phone
Roof Metal
Appliances Electric Water Heater Water Heater off Boiler
Pets Allowed Negotiable
Garage No
current use No
Flood Zone No
Zoning Mixed use
Year Built 1954
Electric Circuit Breaker(s)
Style Multi-Family
Stories Count 1
Construction Status Existing
Net Income 75211
Assessment Amount 334400
Auction No
Tax Year 2025
Gross Income 97050
Status Detail 0
Covenants No
Construction Materials Concrete Exterior
Directions Located south of Fairlee between Oak Lane and Newton's. The GPS may say East Thetford or the GPS may say Fairlee. Both will bring you to the correct location (1675 US Route 5 South). The buildings ar
High School Rivendell Academy
City Fairlee
School District Rivendell Interstate Sch Dist
Seasonal No
Elementary School Samuel Morey Elementary
DOM 136
Price Per Sq Ft Total AG 210.33
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Exterior
Lot Features Level
Driveway Gravel
Lot Size Area 2
Water Source Drilled Well
Parking Features Parking Spaces 11 - 20
Garage Capacity 0
Foundation Block
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* Excluded Features
List By
Loren Wehmeyer

Listing Agent

Tesla Realty Group, Llc

Broker

(802) 359-2122

Phone

LorenWehmeyer@gmail.com

Email

Affordability Calculator

$5,314
Per Month
100%
0%
0%
Monthly Principal & Interest
$5,314
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4735356 Elementary School
4043540 Middle School
Rivendell Academy High School High School
Pricing History
DatePricePrice ChangeDescription
11/10/2025$863,000 Listed Price

Map


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1675 US Route 5 South, Fairlee, VT, 05045 is a Multi-Family Home for sale at $863,000 with 4,103 sqft and a lot size of 2. 1675 US Route 5 South is a studio with 0.0 baths and was built in 1954. The property's zip code is 05045 which is in Fairlee, VT