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1123 Main StreetFairfax, VT 05454MLS Number 4665369

  • Price: $285,000The price has recently decreased
  • Est. Mortgage of $/month
  • 152 Days on Market
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Price Down Payment Interest Rate Years

Est. Mortgage: $/month

Federal 30-year interest rate: 3.94% last updated on 2017-12-21

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

  • 2Bathroom
  • 2470Square Feet
  • 0.25Acreage
  • 1870Year Built

Rare investment opportunity with 2 Residential Units and 1 Commercial Unit in a quaint 19th century building in Fairfax, VT! This 3-unit building boasts over 2,700 sqft of finished space, 80 +/- ft of frontage along Main St with 9 parking spaces per site plan. Ground floor is currently functioning as a bakery with 24-person occupancy load and two apartments occupying the second floor and third floors. The sale includes business assets including furniture, appliances, kitchen equipment and many small fixtures; offering a favorable and seamless transition for potential purchasers to continue the business. Residential units include a 2br/1ba with current month to month lease and 1br/1ba with current yearly lease. Total monthly rent for combined units is $1475 p/m. Recent improvements in the apartments with newer windows, flooring and carpet and a newer main roof. Full basement for storage and a rear detached 2-bay garage is located in the rear parking lot. Garage is split into three sections and has been leased in the past. Current wastewater permit in place for existing use and occupancy - GMP for power - Comcast for cable/internet and phone - Building runs off both oil and propane. Covenant location in downtown Fairfax with high visibility. Minutes from I89 providing easy access to St. Albans and Burlington.

Listed by Curtis Trousdale and Alex Danis of Preferred Properties

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802.585.1131 or send a message:

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Driving Directions

Your Local Office

Nick Lizotte - StoweVT.com
105 Depot St #3388
Stowe VT, 05672

Office: 802.585.1131

More Info

Location Information

  • Elementary SchoolFairfax Elementary School
  • High SchoolBFA Fairfax High School
  • Junior HighBFA/Fairfax Middle School


  • ZoningHigh Density Res
  • Road Frontage81
  • Acreage0.25
  • APX Fin AG Sqft2470
  • FoundationStone
  • Heat FuelGas - LP/Bottle
  • Property TypeMulti-Family
  • RoadsPaved, Shared
  • Square Feet2470


  • ExteriorWood Siding
  • RoofMetal, Standing Seam
  • Exterior ColorYellow


  • Exterior AmenitiesBalcony, Deck, Porch - Covered, Shed, Storage
  • Parking Spaces2


  • Broker NamePreferred Properties
  • Agent NameTrousdale
  • TrashCurbside, Municipal
  • bloggingYes
  • Page439
  • Book134
  • Delayed ShowingsNo
  • Number of Photos27

Basic Information

  • # of 1 Bedrooms1
  • # of 2 Bedrooms1
  • StatusACT
  • Units3


  • StreetMain
  • Building Number1123
  • TownFairfax
  • Zip05454
  • CountyFranklin
  • Flood Zone Y/NNo
  • Lot Description
    • Corner
    • In Town
    • Major Road Frontage
    • Near Paths
    • Near Shopping
    • River
    • River Frontage
    • Sidewalks
    • Village City Lot
  • StateVT


  • ElectricOn-Site
  • WaterPublic
  • Heat SystemHouse Unit, Wall Units
  • SewerPublic

Water Body

  • Water Body TypeRiver
  • Water Body NameMill Brook
  • Water AccessOwned

Basic Information

  • Date Listed10/21/2017
  • List Price$285,000
  • MLS Number4665369
  • Seasonal Y/NNo


  • Bathroom2
  • Total Baths2
  • Year Built1870
  • Water HeaterElectric
  • BasementConcrete Floor, Stairs - Exterior, Unfinished
  • FloorsCarpet, Laminate
  • StyleMulti-Family, Multi-Level
  • Unit 1 Bath2
  • Unit 1 Floor Location1
  • Unit 1 Total Rooms2
  • Unit 2 Bath1
  • Unit 2 Bedrooms2
  • Unit 2 Total Rooms4
  • Unit 3 Bath1
  • Unit 3 Bedrooms1
  • Unit 3 Total Rooms3

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