17 North Avenue Orleans, Vermont - Sold in 2018

17 North Avenue Orleans, Vermont 05860 MLS# 4637233

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Sold Status

$252,500 Sold Price

Multi Type

10 Beds

5 Baths

5,350 Sqft

Listed By Rosemary Lalime of RE/MAX All Seasons Realty
Sold By Mint Real Estate Group
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17 North Avenue

A 5 unit apartment building investment you will not regret. Present owners have owned this for 31 years. Impeccably maintained in and out. Recent energy updates include 53 new vinyl windows. The roof sections are 8 years old or newer asphalt shingles. Fully leased and rented with records to show good income after expenses. Paved parking area. All units have 2 bedrooms each, appliances and freshly painted walls and hardwood or recently added flooring. There are porches, yard space and plenty of parking on the site. This property is a piece of history in Orleans as it was a hospital and clinic years ago.

Property Location

17 North Avenue Orleans

Property Details

Sold Price  $252,500 Sold Date  Jul 9th, 2018
List Price  259,500 Bedrooms  10 Garage Size   Car
Cooperation Fee  Unknown Total Bathrooms  5 Year Built  1900
MLS#  4637233 Lot Size  0.4 Acres Taxes $6,323
Type  Multi-Family Days on Market  3312 Days Tax Year 2017
Units  5 Stories  3 Road Frontage  141
Annual Income  $0 Style  Apartment Building, Colonial, Multi-Family Water Frontage  
Annual Expenses  $26,263 Finished  5,350 Sqft Construction  No, Existing
Zoning   GR Above Grade  5,350 Sqft Seasonal  No
Total Rooms  10 Below Grade  0 Sqft List Date  May 29th, 2017
Gross Income  $0 Operating Expenses  $26,263 Net Income  $49,500
Expenses Includes 
Unit 1   2 Beds, 1 Baths, 1,300 SqFt, $880/Mo Unit 2   2 Beds, 1 Baths, 1,200 SqFt, $875/Mo
Unit 3   2 Beds, 1 Baths, 850 SqFt, $730/Mo Unit 4   2 Beds, 1 Baths, 1,000 SqFt, $795/Mo
Unit 5   2 Beds, 1 Baths, 1,000 SqFt, $0/Mo
ConstructionWood Frame
BasementWalk-up, Unfinished, Assigned Storage, Bulkhead, Storage Space, Full, Exterior Stairs, Unfinished
Interior Features
Exterior Features
Exterior  Aluminum, Wood Disability Features  
Foundation  Concrete, Granite, Stone House Color  light gray
Floors  Vinyl, Tile, Hardwood Building Certifications  
Roof  Shingle-Asphalt HERS Index  
DirectionsFrom Main St in Orleans onto North Ave property is up on the left
Lot DescriptionYes, Landscaped, Level, Rental Complex, Neighborhood
Garage & Parking  No, , , 6+ Parking Spaces, Off Street
Road Frontage  141 Water Access  
Driveway  Paved Water Type  
Flood Zone  No Water Body  
Zoning  GR
School District  Orleans Southwest Middle  Orleans Elementary School
Elementary  Orleans Elementary School High  Lake Region Union High Sch
Heat Fuel  , Gas-Lp/Bottle, Oil Excluded  
Heating/Cool  None, Radiators, Multi Zone, Space Heater, Hot Water, Space Heater Negotiable  
Sewer  Public Parcel Access ROW  No
Water  Public ROW for Other Parcel  Yes
Water Heater  Electric, Separate Financing  
Cable Co  Comcast Documents  Deed, Property Disclosure, Plot Plan, Lease Agreements
Electric  100 Amp, Other, Circuit Breaker Tax ID  042-144-11067
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† The remarks published on this webpage originate from Listed By Rosemary Lalime of RE/MAX All Seasons Realty via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.