Listing Provided by:
Tesla Realty Group, LLC
Agent: Loren Wehmeyer
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.
Listed By
Broker Name: Tesla Realty Group, LLC
Broker Phone: 844-837-5274
Agent Name: Loren Wehmeyer
Shown By
Broker Title: Badger Peabody & Smith Realty
Broker Phone: (603) 823-5700 (Corporate Office)
Estimated Payment
$ 4,990.61 per month $4,228.49 Principal & Interest $510.42 Property Tax $251.71 Homeowner's InsuranceSource: Delta Media Group, Inc.
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1675 Us Route 5 South, Fairlee, VT 05045.
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