22 Water StreetOrleans, VT 05860Sale Price: $175,000

INVESTORS! Two apartment houses in the heart of Orleans Village being sold as one. 22 Water Street (yellow, in front) has 3 units: two 1-BR and one 3-BR. 16 Water Street (green, in back) has two 2-BR units. All fully rented with tenants paying separate utilities and heat. Each unit has full bath and includes stove and refrigerator. Some units have been extensively remodeled recently. Great income potential with long-time reliable tenants. Walking distance to school, restaurant, post office, library, grocery and convenience stores, and hardware store. Let these units be your cash cow! Apartment details & income: 16A - 2 bedroom, oil heat, everything included, $950/month, recently renovated, currently rented. 16B - 2 bedroom, 2 floors, oil heat, propane appliances, nothing included, $850/month, currently rented. 22A - 1 bedroom, oil heat, nothing included, $750/month, currently rented. 22B - 3 bedroom, oil heat, nothing included, $675/month, currently rented. 22C - 1 bedroom, propane heat, everything included, $850/month, currently rented. Showings begin on 2/22/21.