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.
| MLS # | 5101586 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | (31) Under Contract - Active Under Contract |
| Year | 1890 |
| Days On Site | 27 |
| Listing Provided By | BHHS Vermont Realty Group/Morrisville-Stowe | Trombley & Day Group |
| Garage | 2 |
|---|---|
| Basement | Y |
| Story(s) | 3 |
| Units | 3 |
| Zoning | Residential |
| Acreage | 0.10 |
| Rooms Total | 0 |
|---|---|
| Cooling | None |
| Heating | Oil, Baseboard |
| Roof | Shingle |
|---|---|
| Construction Materials | Wood Frame |
| Foundation Details | Stone |
| Lot Features | In Town, Near Golf Course, Near Shopping, Neighborhood, Near Hospital, Near School(s) |
| Garage Yes / No | Yes |
|---|
| Utilities | Cable, Other |
|---|---|
| Electric | 100 Amp Service, Circuit Breakers |
| Sewer | Public Sewer |
| Tax Annual Amount | 6913.08 |
|---|---|
| Tax Year | 2025 |
| State | VT |
|---|---|
| County | Lamoille |
| City | Morristown |
| Zip Code | 05661 |
| Area | VT Lamoille |
| Elementary School | Morristown Elementary School |
| High School | Peoples Academy |
| Listing VS Median (in 05661) | |
Price: $399,000 low | high Med: $0 On site: 27 low | high Med: | |
| State | VT |
|---|---|
| County | Lamoille |
| City | Morristown |
| Zip Code | 05661 |
| Area | VT Lamoille |
| Elementary School | Morristown Elementary School |
| High School | Peoples Academy |
| Listing VS Median (in 05661) | |
Price: $399,000 low | high Med: $0 On site: 27 low | high Med: | |