18 Clark Avenue Morristown, Vermont 05661 MLS# 4777650

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Sold Status

$421,500 Sold Price

Multi Type

8 Beds

8 Baths

3,422 Sqft

Listed By Trombley & Day Group of BHHS Vermont Realty Group/Morrisville-Stowe
Sold By Mink Realty
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Lamoille County

18 Clark Avenue

Beautifully maintained Victorian, with tasteful updates creating the perfect blend of old with the new, giving this 10 unit Multi-family it’s much desired appeal. These occupied units are sought after for their convenient location, affordability and easy living opportunity for professional individuals. The 7 Studio- Units and 3 1-bedroom are all inclusive including, heat, electricity, DirectTV, Wi-Fi, Trash, property maintenance and tenant off road parking lot spaces. There’s a shared Kitchen for the 7 Studio’s and a coin operated Washer & Dryer. Apartment 9 is the show stopper of all of the units, make this your home and rent out the rest of the home for an envious supplemental income generator. Are you an investor looking for that next big opportunity? Yes this could be exactly what you’ve been looking for. Give us a call, give us at least 48 hours, preferable more as these are all busy professionals. Call us for a showing today.

Property Location

18 Clark Avenue Morristown

Property Details

Sold Price  $421,500 Sold Date  Mar 19th, 2021
MLS#  4777650 Bedrooms  8 Garage Size   Car
List Price  475,000 Total Bathrooms  8 Year Built  1890
Type  Multi-Family Lot Size  0.2000 Acres Taxes $6,185
Units  10 Stories  1/2/1900 Road Frontage  185
Annual Income  $82,799 Style  Multi-Family Water Frontage  
Annual Expenses  $0 Finished  3,422 Sqft Construction  No, Existing
Zoning   HDR Above Grade  3,422 Sqft Seasonal  No
Total Rooms  8 Below Grade  0 Sqft List Date  Sep 20th, 2019
Gross Income  $82,799 Operating Expenses  $0 Net Income  $68,171
Expenses Includes 
Unit 1   1 Beds, 1 Baths, $650/Monthly Unit 2   1 Beds, 1 Baths, $600/Monthly
Unit 3   1 Beds, 1 Baths, $600/Monthly Unit 4   1 Beds, 1 Baths, $600/Monthly
Unit 5   1 Beds, 1 Baths, $480/Monthly Unit 6   1 Beds, 1 Baths, $550/Monthly
Unit 7   1 Beds, 1 Baths, $590/Monthly Unit 8   1 Beds, 1 Baths, $650/Monthly
ConstructionWood Frame
BasementInterior, Dirt, Concrete
Interior Features
Exterior Features
Exterior  Shingle Disability Features  
Foundation  Stone House Color  Yellow
Floors  Tile, Carpet, Softwood, Hardwood Building Certifications  
Roof  Shingle HERS Index  
DirectionsFrom Route 100 N in Morristown, turn right at lights onto Historic VT 100. Turn Right onto Congress St. at 4 way intersection in the village. Take 3rd right onto Clark Avenue. 1st home on the right, corner of Congress and Clark.
Lot Description, Level, Corner, Sidewalks, Street Lights
Garage & Parking  No, , , Unassigned, Off Street, 5-10 Spaces
Road Frontage  185 Water Access  
Driveway  Gravel Water Type  
Flood Zone  No Water Body  
Zoning  HDR
School District  Morristown School District Middle  Peoples Academy Middle Level
Elementary  Morristown Elementary School High  Peoples Academy
Heat Fuel  , Oil Excluded  
Heating/Cool  Individual, Baseboard, Hot Air Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Electric, Owned Financing  
Cable Co  DirectTV Documents  
Electric  200 Amp Tax ID  414-129-11216
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† The remarks published on this webpage originate from Listed By Trombley & Day Group of BHHS Vermont Realty Group/Morrisville-Stowe via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman Realty cannot be held responsible for possible violations of copyright resulting from the posting of any data from the NNEREN IDX Program.