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Listed by: Mink Realty Graham Mink
General Property Information
- Property Status
- Active
- Price
- $1, 999, 000
- Property Type
- Multi-Family
- County
- VT-Lamoille
- Agency / Brokerage
- Graham Mink
Mink Realty - List Date
- 6/1/2025 8:00 PM
- Last Updated
- 1/24/2026 8:26 AM
- Acres
- 0.59
- # of Units
- 9
Description
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.
Map
Town Market Snapshot
Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
Affordability Estimate
Quick payment estimate for this listing. Not a loan offer — rates and terms vary.
Est. monthly principal & interest —
Estimate excludes taxes, insurance, HOA, and PMI. Consult a lender for accurate figures.
Features
- # of Units
- 9
- Year Built
- 2022
- Road Frontage
- 125
- Gross Income
- $189,600
- Sq Ft (Above Ground)
- 6,564
- Sq Ft (Below Ground)
- 0
- Total Sq Ft
- 6,564
- Land Description
- In Town
- Elementary School
- Morristown Elementary School
- Middle School
- Peoples Academy Middle Level
- High School
- Peoples Academy
- Taxes
- $17,238
Unit Information
Unit 1
- # Rooms
- 0
- Sq. Ft.
- 0
Unit 2
- # Bedrooms
- 0
- Sq. Ft.
- 0
Unit 3
- Sq. Ft.
- 0
Unit 7
- Sq. Ft.
- 0
Unit 8
- # Rooms
- 0
- # Bedrooms
- 0
- Sq. Ft.
- 0
Ask about this property
Message Teresa Merelman about MLS #5044087.

