32 Water Street
Orleans, VT 05860

Easily one of the nicest, quality built and maintained 3-Unit apartment buildings within the Village of Orleans. Situated on a spacious .63 acre lot with potential to subdivide off a prime .25 acre building lot if desired. This property features tons of original charm and character; tiger maple woodwork, ornate fireplaces, hardwood floors, built-in cabinets and much more. Spacious units with the kitchen appliances included in all units and washers/dryers included within units A&C. Updates include; a new Buderus boiler in 2024, Harvey windows in units B & C, shingled roof, full remodel of unit A in 2023, flooring, interior, paint, etc. (full detailed list from seller is available). Attached 1-car garage, detached storage shed, wrap-around covered porch and full unfinished basement. Separate electric meters for each unit, allowing for tenants to each pay their own electrical expenses and the heat is included in the rent. All three units (one unit per level) are leased with month to month leases. This is a good income producing property or would be the perfect opportunity to live in one unit while the other units help pay the expenses. There is also great potential to utilize for professional office space with plenty of parking in the over-sized yard. Just a few miles from pristine Orleans Country club, easy I-91 interstate access and walking distance to all town amenities (stores, library, post office, school, hardware store, etc.).