18 Clark Avenue

Morristown, VT 05661

$1,200,000
Price
—
Beds
4,492 Sq. Ft.
$267 / Sq. Ft.
4,492
Sq. Ft.
$267
per Sq. Ft.

Description

A wonderful opportunity to purchase a 10 unit investment property in the heart of Morrisville. Many recent upgrades insure that this property will produce significant income for years to come! Located close to town amenities and just a short walk to Copley Hospital. The units are well maintained and rent very quickly when available. The building consists of 3 one bedroom units and 7 studio units that share a kitchen. There is a large 1Br unit with a nice updated kitchen that would be ideal for owner...A wonderful opportunity to purchase a 10 unit investment property in the heart of Morrisville. Many recent upgrades insure that this property will produce significant income for years to come! Located close to town amenities and just a short walk to Copley Hospital. The units are well maintained and rent very quickly when available. The building consists of 3 one bedroom units and 7 studio units that share a kitchen. There is a large 1Br unit with a nice updated kitchen that would be ideal for owner occupancy, if that is desired. Coin operated laundry, dedicated, off street parking. Building has a sprinkler system. Please give a minimum of 48 hours notice for a showing. Financials available for qualified buyers. Owner is a VT Real Estate Broker.
  1. Listed by Graham Mink • Mink Realty

Property Details for 18 Clark Avenue

Zoning
HDR
LISTING UPDATED: 12/04/2024 10:22 PM

Property Details for 18 Clark Avenue

StatusActive
MLS #5023823
Days on Market13
Taxes$8,923 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1890
Lot Size0.20 AC / 8,712 SF
CountyLamoille County

Building Information for 18 Clark Avenue

Stories2Residences10Year Built1890Building Size-Lot Size0.20 AC / 8,712 SF

Property Information for 18 Clark Avenue

Summary
Location and General Information
  • City: Morristown
  • County: VT-Lamoille
  • Latitude: 44.559451000001005
  • Longitude: -72.598156000000003
  • Road Frontage: Yes
  • Seasonal: No
  • State: VT
  • Street Designation: Avenue
  • Zip Code: 05661
Taxes and HOA Information
  • SPAN Number: 414-129-11216
  • Tax Year: 2025
  • Taxes TBD: No
School Information
  • School - High: Peoples Academy
  • School - District: Lamoille South
  • School - Elementary: Morristown Elementary School
  • School - Middle/Jr: Peoples Academy Middle Level
Parking
  • Garage: No
  • Driveway: Paved
Property
Lot Information
  • Lot - Sqft: 8712.0
  • Lot Features: Corner, Level, Sidewalks, In Town
  • Lot Size Acres: 0.2
  • Road Frontage Length: 185.0
  • Square Feet Apx Finished Above Grade: 4492.0
  • Square Feet Apx Finished AG Source: Public Records
  • Square Feet Apx Finished Below Grade: 0.0
  • Square Feet Apx Total: 5582.0
  • Square Feet Apx Total Finished: 4492.0
  • Square Feet Apx Unfinished Above Grade: 0.0
  • Square Feet Apx Unfinished Below Grade: 1090.0
  • Square Feet Apx Unfinished BG Source: Public Records
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: No
  • Foundation: Concrete, Fieldstone
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1890
Utilities
  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public Sewer On-Site
  • Water Source: Public Water - On-Site
  • Utilities: Cable - Available, Telephone Available
  • Internet: Internet - Cable
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Exterior
  • Roof: Shingle
Interior Features
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Concrete Floor, Exterior Access, Unfinished
  • Heating: Oil, Baseboard
  • Cooling: None
  • Total Stories: 2.5
Multi Family
Income & Expenses Information
  • Gross Income: $125,400.00
Multi-Family Information
  • Total Units: 10
  • Total 1 BR Units: 10
  • Total 2 BR Units: 0
  • Total 3+ BR Units: 0

Property History for 18 Clark Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 18 Clark Avenue

Taxable ValueLand$55,000Additions$377,800Total$432,800
Tax Record2021$6,985 ($582 / month)
Home Facts
Baths2Total Finished SqFt3,422 SqFtAbove Grade Finished SqFt3,422 SqFtLot Size8,712 SqFtStyleMulti-Family Res (5+ Units)Year Built1890CountyLAMOILLEAPN(129) 23076

Schools near 18 Clark Avenue

Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 9 to 12
Private - 9 to 12
Private - PK to 8
Rating
School
Distance
Morristown Elementary School
PublicPK to 4

Peoples Academy
Public9 to 12

Lamoille Valley Learning Together
Private9 to 12

Bishop John A Marshall School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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18 Clark Avenue is a multi-family home for sale in Morristown, VT 05661. This property was listed for sale on December 4, 2024 by Mink Realty, it's currently listed at $1,200,000. It has been on the market for a total of 13 days and was last sold on March 19, 2021. Nearby schools include Morristown Elementary School, Peoples Academy and Lamoille Valley Learning Together. 18 Clark Avenue is a 0-bed, 0-bath, 4,492 sqft multi-family home built in 1890.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Mink Realty

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/18/2024 04:54 AM