139 Park Street, Morristown, VT 05661
Local realty services provided by:CENTURY 21 Farm & Forest
139 Park Street,Morristown, VT 05661
$825,000
- - Beds
- - Baths
- 4,293 sq. ft.
- Multi-family
- Active
Listed by: graham mink
Office: mink realty802-505-6633
MLS#:5074836
Source:PrimeMLS
Price summary
- Price:$825,000
- Price per sq. ft.:$137.66
About this home
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 approved development potential. The existing structure is configured as four residential units and has been operated as a traditional multifamily property. The building presents as a stable, long-held asset with immediate cash flow and long-term investment appeal. The property’s village setting, scale, and layout make it well suited for continued operation as a multifamily or for phased improvement over time. A key component of this offering is that local permits are in place to construct six additional residential units to the rear of the property. This provides meaningful expansion potential in a market where new housing supply is limited. A buyer may elect to operate the existing four units as-is, pursue the approved development, or hold the property as a long-term investment with embedded optionality. The site benefits from established utilities, longstanding access, and a configuration that supports future development subject to buyer due diligence. Listing broker is a member of the ownership LLC....
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Home facts
- Year built:1880
- Listing ID #:5074836
- Added:95 day(s) ago
- Updated:April 29, 2026 at 10:21 AM
Rooms and interior
- Basement Description:Exterior Access, Finished, Partially Finished, Walkout
- Living area:4,293 sq. ft.
Heating and cooling
- Heating:Baseboard, Hot Water, Multi Zone, Oil
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1880
- Building area:4,293 sq. ft.
- Lot area:0.5 Acres
- Levels:2 Story
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$825,000
- Price per sq. ft.:$137.66
- Tax amount:$7,738 (2025)
Features and amenities
- Amenities:Circuit Breaker(s)
Parking
- Parking description:Paved Driveway
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