$1,200,000

1035 US Route 5 Derby, VT 05829

Estimated payment $7,258/month

-- Bed
-- Bath
6,750 Sq Ft
$178 Price per Sq Ft

Highlights

  • Wooded Lot
  • Circular Driveway
  • Agricultural
  • Post and Beam
  • Timber
  • Baseboard Heating

About This Home

Unique Investment Opportunity here in the Northeast Kindgom of Vermont, this fully occupied 7 unit complex siting on 16 plus acres of land with lots of room for future developement re: lots of road frontage and the spacious 3 story barn just waiting for your Architectural flair and developement visions. All 7 units are consistently occupied with long term professional tenants. The original Farmhouse was renovated in 2013 keeping the intricate woodwork, mediallion ceilings, floor boards and exposed beams. The original Milk House is now 2- 1 bedroom separate units with propane heat. Tenants Pay their own utilities. Each unit has access to covered parking and storage . Excellent recreation area includes; snowmobiling, skiing, kayaking, canoeing and boating. Hiking, Biking. Minutes to Route 91 North & South. Canada within minutes. Excellent Rental History on this one of kind Investment in the Northeast Kingdom of Vermont

Listing Agent

Lee Fitzgerald-Pierce

Century 21 Farm & Forest License #082.0126262 Listed on: 11/26/2025

Century 21 Farm & Forest

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,048

Year Built

  • Built in 1783

Lot Details

  • Property fronts a private road
  • Sloped Lot
  • Wooded Lot

Parking

  • 8 Car Garage
  • Carport
  • Circular Driveway
  • Gravel Driveway
  • Shared Driveway
  • Assigned Parking
  • 1 to 5 Parking Spaces

Home Design

  • Post and Beam
  • Farmhouse Style Home
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 6,750 Sq Ft Home
  • Property has 3 Levels
  • Walk-Out Basement

Farming

  • Timber
  • Agricultural

Utilities

  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • Separate Meters
  • Private Water Source
  • Drilled Well
  • Satellite Dish

Community Details

Overview

  • 7 Units

Building Details

  • 7 Leased Units
  • Gross Income $114,420

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,048

Year Built

Built in 1783

Lot Details

0

Parking

8

Listing Details

  • Directions: Newport to left at Cow Palace Junction, onto US Route 5, home is on the right at the top of the hill.
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1783
  • Display On Internet: High Speed Intrnt at Site,High Speed Intrnt Avail,Cable Internet
  • Architectural Style: Duplex, Farmhouse, Multi-Family, Townhouse, Post and Beam
  • ResoLotFeatures: Agricultural, Country Setting, Pasture, Landscaped, Major Road Frontage, Open Lot, Sloping, Timber, Wooded, Abuts Conservation, Near Paths, Near Shopping, Near Skiing, Near Snowmobile Trails, Rural, Near Hospital, Near School(s)
  • Road Frontage Type: Paved
  • MLS Status: (10) Active - Active
  • Above Grade Finished Sq Ft: 6750.0
  • Unit Levels: 3
  • ResoPropertyCondition: Existing
  • Flood_Zone: Unknown
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Basement_Access_Type: Walkout
  • Separate_Utilities: Yes
  • Above_Grade_Unfinished_Area_Source: Assessor
  • Below_Grade_Unfinished_Area_Source: Assessor
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Bulkhead, Concrete Floor, Crawl Space, Dirt Floor, Unfinished
  • Basement YN: Yes

Exterior Features

  • Driveway: Circular, Common/Shared, Gravel, Paved
  • Roof: Metal
  • Easements: Unknown
  • Construction Type: Wood Frame
  • Foundation Details: Concrete, Granite

Garage/Parking

  • Garage Spaces: 8.0
  • Attached Garage: Yes
  • Parking Features: Carport, Assigned, On Site, Parking Spaces 1 - 10, Covered

Utilities

  • Electric: Circuit Breakers, On-Site
  • Sewer: Private Sewer, Septic Tank
  • Heating: Propane, Oil, Baseboard, Wall Units
  • Cooling: None, Wall Unit(s)
  • Utilities: Propane, Satellite
  • Water Source: Drilled Well, Private

Lot Info

  • Surveyed: Unknown
  • Zoning: Commercial and R2
  • Lot Size Acres: 16.36
  • Lot Size Sq Ft: 712642.0

Multi Family

  • Gross Income: 114420.0
  • Number Of Units Total: 7
  • Number Of Units Leased: 7
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 11048.21

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,764 $474,600 $70,900 $403,700
2023 $9,188 $474,600 $70,900 $403,700
2022 $9,187 $474,600 $70,900 $403,700
2021 $9,560 $474,600 $70,900 $403,700
2020 $9,863 $474,600 $70,900 $403,700
2019 $9,536 $467,100 $61,500 $405,600
2018 $9,365 $467,100 $61,500 $405,600
2016 $8,763 $467,100 $61,500 $405,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2025 11/26/25 For Sale $1,200,000 -- $178 / Sq Ft
Source: PrimeMLS

Purchase History

Date Type Sale Price Title Company
Deed $740,000 --
Deed $740,000 --
Deed $205,000 --
Deed $205,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Grant Deed $100,000 --
Grant Deed $100,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Source: PrimeMLS

MLS Number: 5070753

PrimeMLS

APN: 177-056-12021