Listed by Darcy Handy • RE/MAX North Professionals.
For sale
$799,000
Est. $5,664/mo —
11
bd
•
6 ba
•
4,913
sq ft
2 Fletcher Rd, Fairfax, VT 05454
About this home
Excellent investment opportunity at 2 & 4 Fletcher Road in Fairfax! This well-maintained, fully occupied six-unit property offers immediate income with additional potential for rental growth. The property features a five-unit apartment building originally constructed in 1880, along with a separate single-family home built in 2023, offering an attractive combination of historic character and modern construction. Currently generating $92,100 in annual gross rental income, with room to increase rents, this property presents an appealing opportunity for investors looking to expand their portfolio. Ample on-site parking provides convenience for residents, while the combination of five apartments and a newer standalone home offers a diversified rental mix. With all six units occupied and income already in place, this is an opportunity to acquire an established income-producing property with potential for increased returns. Whether you're a seasoned investor or looking to grow your real estate holdings, 2 & 4 Fletcher Road deserves a closer look!
Extensive renovations make this 5 unit bldg even more attractive! Fresh paint inside out, all porches decks rebuilt, porch roofs new, hardwood flrs refinished! All you have to do is manage your investment! Charm character included. Inquire about owner financing.
PrimeMLS #3011460
Apr 22, 2002
Sold
$252,500
$51/sq ft
Nov 4, 2001
Listed
$295,000
$60/sq ft
PrimeMLS #3077604
Dec 21, 1999
Sold
$195,000
$40/sq ft
Apr 15, 1999
Listed
$225,000
$46/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,805 (−1.8%)
$50,000 + $427,400
$477,400
2024
$6,928 (+10.1%)
$50,000 + $427,400
$477,400
2023
$6,291 (−12.4%)
$50,000 + $427,400
$477,400
2022
$7,184 (+9.0%)
$50,000 + $352,700
$402,700
2021
$6,593 (+2.7%)
$25,000 + $239,700
$264,700
2020
$6,421 (+6.4%)
$25,000 + $239,700
$264,700
2019
$6,036 (+6.0%)
$25,000 + $239,700
$264,700
2018
$5,696 (−3.7%)
$25,000 + $239,700
$264,700
2017
$5,914 (+8.7%)
$25,000 + $239,700
$264,700
2016
$5,440 (−1.4%)
$25,000 + $239,700
$264,700
2015
$5,517
$25,000 + $239,700
$264,700
Public record
Beds
5
Baths
5
Stories
2.5
Lot width
—
Lot depth
—
Lot size
0.25 Acres
Year renovated
—
Finished Sq. Ft.
4,133
Unfinished Sq. Ft.
—
Total Sq. Ft.
4,133
Year built
1880
Style
Multi-Family (5+ Unit)
County
Franklin County
APN
21006810346
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 91° expected this year, 16 days in 30 years
2/10 Wind Factor
3% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Fairfax, VT • 05454
Average low and high temperatures (°F)
25
11
27
7
44
25
55
34
64
46
77
56
81
60
79
54
73
49
60
41
44
30
30
15
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
82/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.9 hrs
4.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2 Fletcher Rd
There isn’t enough information to generate an accurate estimate at this time. Learn More