- $825,000
- MLS#: 5074836
- 4
- # of Units
- 4,293
- Total Sq. Feet
- 0.50
- Acres
- $7,739
- Taxes
1 of 21
General Property Information
- Price:
- $825,000
- County:
- VT-Lamoille
- Acres:
- 0.50
- Property Type:
- Multi-Family
- Property Status:
- Active
- # of Units:
- 4
- Agency/Brokerage:
- Graham Mink
Mink Realty
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.
Features
- Property Type:
- Multi-Family
- # of Units:4
- Subdivision Name:
- Year Built:
- 1880
- Parking:
- Road Frontage:
- 81
- Acres:0.50
- Gross Income:
- 64,150
- Annual Expenses:
- 0
- # of Gas Meters:
- # of Electric Meters:
- 0
- Sq Ft (Above Ground):
- 3329
- Sq Ft (Below Ground):
- 964
- Total Sq Ft:
- 4293
- Land Description:City Lot
- Elementary School:
- Middle School:
- High School:
- Financing Details:
- Documents Available:
Unit Information
Unit 1
- #Rooms:
- 0
- #Bedrooms:
- #Baths:
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 0.00
Unit 2
- #Rooms:
- #Bedrooms:
- 0
- #Baths:
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 0.00
Unit 3
- #Rooms:
- #Bedrooms:
- #Baths:
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 0.00
Unit 4
- #Rooms:
- #Bedrooms:
- #Baths:
- Sq. Ft.:
- Floor:
- Unit Style:
- Monthly Rent:
- 0.00
Other Information
- List Date:
- 2026-01-23
- Last Updated:
