Fairlee VT Multi Family Home For Sale $399,000

Multi Family Home
Price Change! reduced by $21,000
down 5% on June 4th 2026
$399,000 | $213 per sq.ft.
3 Unit Multi Family Home,
28 Lake Morey Road Fairlee VT
With 2 - Two Bedroom Units
| MLS# 5068072
Listed by Hartley White & Co Coldwell Banker LIFESTYLES - Hanover Phone: 802-299-7157 on October 31st 2025

DESCRIPTION

Well-maintained two-unit multi-family home in the village of Fairlee, VT! Unit #1 offers an open-concept kitchen, dining, and living area with a ¾ bath on the main floor, plus two bedrooms and an office upstairs. Unit #2 provides convenient first-floor living with two bedrooms, a ¾ bath, and a spacious kitchen, dining, and living area. A garage rental space adds additional income potential. Located near Lake Morey Country Club, Fairlee Beach, and I-91, this property offers both comfort and convenience. Perfect for investors or owner-occupants looking to offset their mortgage. Close to all town amenities, this one won't last long!

UNIT 1 INFORMATION Beds: 2 Baths: 1 Rooms: 5 Level: 1st/2nd fl Info : Dishwasher,Gas Range,Refrigerator,Smoke Detector Tenant Pays : Electric,Heat,Trash Rent : 1500.00 Monthly Lease Term : Month to Month Signed Lease : Yes Status : Leased	UNIT 2 INFORMATION Beds: 2 Baths: 1 Rooms: 5 Level: 1 Info : Gas Range,Smoke Detector Tenant Pays : Electric,Heat,Trash Rent : 1000.00 Monthly Lease Term : Annual Signed Lease : Yes

CONSTRUCTION
Wood Frame Year Built: 1900
No. of Floors: 1.5
Total Sq.Ft. Finished: 1875
Above Grade Sq.Ft.: 1875
Price Per SQ.FT.: $212.80
Basement: Bulkhead | Crawl Space | Unfinished
Heating: Propane
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Propane
Electric Meters:
Style: Multi-Family
Roof: Metal
Water: Public
Sewer: Private
Seasonal: No
LAND INFORMATION
Corner | Level | In Town | Near Country Club | Near Golf Course | Near Railroad | Near School(s)
Lot size: 0.45 acres
Zoned: Interchange/Village)
Surveyed: Unk
Flood Zone: No
Road Frontage: 140
Driveway: Gravel
ADDITIONAL INFORMATION
Taxes $4,748 | Assesed Value $0 in
AREA INFORMATION
Elementary School: Samuel Morey Elementary

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