863,000

House for sale Fairlee
Property photo number 1 of 16 Photos for Property. File  105402561_29_5efd52c4df5206a02203e4792be1b5b3.jpeg

Overview

SUMMARY: Discover an opportunity with this Fairlee house for sale and available for 863,000. This could be your next ideal home or a smart investment. More details await.
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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Details

  • Price: 863,000
  • Area: 4,103 sqft

Location

Marketed by:

  • Listing Manager
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