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Residential Income at 16 Water Street, Orleans
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$215,000

16 Water Street
Orleans, VT 05822
Listed by Stephanie K Lussier · RE/MAX All Seasons Realty - Lyndonville
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1900

About this home

Located in the heart of the Village of Orleans, this duplex presents an opportunity for both investors and owner-occupants. With two separate units and separate utilities, this property offers flexibility to generate rental income or live in one unit while the other helps offset your mortgage. Situated on a quiet side street just off Main Street, this property is within close distance of local restaurants, shopping, the post office, schools, banks, and other everyday conveniences. Commuters will appreciate being just minutes from Interstate 91, providing easy access to Newport, Barton, St. Johnsbury, and destinations throughout Northern Vermont. Orleans is nestled in the heart of Vermont's Northeast Kingdom, an area known for its four-season recreation and natural beauty. Enjoy nearby Lake Memphremagog, Crystal Lake, the Craftsbury Outdoor Center, Kingdom Trails, Jay Peak Resort, and Burke Mountain for skiing, mountain biking, hiking, kayaking, fishing, snowmobiling, and more. The property is also conveniently located 20 minutes from North Country Hospital, local employers, and only a short drive to the Canadian border. Whether you're looking to expand your investment portfolio, purchase your first multi-family property, or generate passive income, this duplex offers exceptional value in one of Orleans County's most desirable village locations.

Property details

MLS
Prime MLS
MLS #
5101711
Property type
Residential Income
Subdivision
N/A
Status
Active
Days on market
18
On market date
N/A
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.06 acres

Location

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Mortgage calculator

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Est. monthly payment
$1,445/mo
$43,000 down
$172,000 loan
Principal & interest$1,116
Property tax (est.)$179
Home insurance (est.)$150

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