Fantastic investment opportunity in an accessible Morrisville neighborhood! This well-maintained 3-unit apartment building offers steady income potential. The 3-story building offers a 1-BR unit on the 3rd floor and two 2-BR units on the 1st & 2nd floors. Each apartment has a blend of pine floors and carpeting. Some newer windows can be found throughout, as well as foam insulation and newer boiler. The laundry room is an added bonus for tenants, as well as the convenient location, which is ideally situated in a highly walkable area, close to schools, dining, shopping, and so much more. This property has been in the current owner's family for years and has a strong, proven rental history. In a central village neighborhood and with established tenancy, this property is a solid addition to anyone's portfolio.
Whether you're looking to grow your investment portfolio or offset your mortgage by living in one unit and renting the other, this well-maintained duplex offers exceptional flexibility in a convenient Morrisville location. Situated on a .20-acre corner lot at the intersection of Randolph Road and Laporte Road, the property is less than a half mile from downtown Morrisville with easy access to local shops, restaurants, outdoor recreation, and nearby ski resorts. The first-floor apartment offers warm hardwood floors, two bedrooms, a spacious kitchen, a full bathroom, and both a covered front porch and a screened back porch - perfect for enjoying Vermont's changing seasons. Upstairs, the bright three-bedroom apartment has been thoughtfully updated with new flooring, fresh paint, new kitchen appliances, and a sun-filled living room featuring skylights. A screened porch off one of the bedrooms creates an inviting space to unwind. Each unit includes a garage bay, with shared access to the driveway and backyard. Recent improvements, including a new oil tank, updated exterior doors, plumbing fixtures, and fresh paint, provide added peace of mind. With potential for future conversion to a four-unit property (subject to buyers/agents to do their own due diligence), this versatile property is full of possibilities. Less than 15 minutes to Stowe! Schedule your showing today and see everything this investment has to offer!
Four-unit multifamily property located in the village of Morrisville, featuring classic New England village architecture, a covered front porch, and a well-established streetscape. Situated on a 0.50-acre parcel within walking distance to downtown shops, restaurants, schools, and local amenities, 139 Park Street offers a combination of in-place income and long-term upside. The existing structure is configured as four residential units and has been operated as a traditional multifamily property. The building represents a stable, income-producing asset with the potential for future improvement or repositioning over time. The property also includes local approvals for six additional residential units to the rear of the parcel. Implementation of this development plan will require further due diligence by a buyer, including confirming access and any related site considerations. This creates an opportunity for a buyer to explore expansion potential while maintaining the existing four-unit income stream. The site benefits from established utilities, a village setting, and a layout that supports multiple future use scenarios. Listing broker is a member of the ownership LLC.
Turnkey Multi-Unit Investment on the Stowe Line. This fully furnished two-unit property sits on 2.09 acres with private driveways for each unit. The main unit is a 3-bedroom, 2-bathroom home updated in 2018 with in-unit laundry. A brand-new accessory apartment (2020) features an open layout with two rooms, both with legal egress so that you can use either as a bedroom or home office. Major updates include a new roof (2017), furnace (2018), hot water heater (2019), and new windows (2022) in both units. Outdoors, enjoy a large yard with apple trees and blueberry bushes, providing charm and seasonal enjoyment. In the winter, the home abuts the vast trail with a direct access point on the property. Strong gross cap rate while operated as long-term rental and has historically delivered higher returns when operated as a furnished short-term rental. Full rental records available upon request. With turnkey condition, multiple income streams, and a prime location near Stowe, this property is ideal for investors, multi-generational living, or anyone looking to offset their mortgage while enjoying Vermontâ??s charm. Listed by the owner, who is a licensed Realtor. Showing begin 12/13/2025
Step back in time and experience the charm and character of a bygone era with this unique multi-unit property, originally built in the 1800s for Dr. Tinker. This beautifully preserved historic brick home offers a rare opportunity to own a true piece of Vermont history. From the moment you enter, you'll be greeted by timeless details that echo the craftsmanship of the pastâ??woodwork, brickwork, and vintage touches that create a warm, inviting atmosphere. The home has been lovingly maintained with thoughtful updates that respect its heritage while enhancing modern comfort. Set on 17.3 picturesque acres less than 10 minutes from the heart of Stowe and Morristown, the property offers both beauty and potential. Mature trees, established flower gardens, and open green spaces surround the home, creating a peaceful and inspiring setting. An additional outbuilding, complete with water and heat, opens the door to endless possibilitiesâ??whether you envision a guest house, artist studio, or workshop. Whether you're looking to invest, create a multi-generational retreat, or simply fall in love with a one-of-a-kind property, this gem is ready to welcome your imagination and vision.
This well-maintained 9-unit multifamily property presents an excellent opportunity for investors or owner-occupiers seeking a stable income stream and/or a multi-unit living situation in Morrisville, Vermont. The property was built in 2022 and will offer low maintenance and modern energy efficiency for many years to come. 661 Laporte Road features a mix of one and two-bedroom units and offers a variety of attractive features. Contains four 1-bedroom, five 2-bedroom units, and it's fully occupied with quality tenants. Each unit has it's own washer/dryer and a secure, dedicated storage unit in the basement. Conveniently located near public transportation, schools, parks, shopping, and dining. Strong rental history, low vacancy rate, and excellent cash flow potential. Don't miss this opportunity to acquire a solid income-producing multifamily property. Schedule your private showing today! Listing agent is a member of the ownership LLC, CM Real Estate LLC.
Morristown is located in Vermont. Morristown, Vermont has a population of 5,455. Morristown is less family-centric than the surrounding county with 12.58% of the households containing married families with children. The county average for households married with children is 26.53%.
The median household income in Morristown, Vermont is $58,621. The median household income for the surrounding county is $66,016 compared to the national median of $69,021. The median age of people living in Morristown is 36.6 years.
The average high temperature in July is 78.7 degrees, with an average low temperature in January of 4.7 degrees. The average rainfall is approximately 40.2 inches per year, with 97.8 inches of snow per year.
