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Location, location, location! This property is Just What The Investor Ordered! This good sized, well maintained three-unit property sited on 1.19 in-town acres, offers a location close to Main St, easy walk-to-schools, churches, parks, bowling alley, restaurant, deli, Fairbanks Museum, Athenaeum, ice skating rink, post office, and a bonus is the around-the-corner walking trail aka "The Knob". You're a skip and a jump from the Main St Veteran's parade, the pet parade, halloween parade and the festivities of the town's new year celebration: First Night! The property offers great parking, two front porches for two tenants, a balcony for the third tenant. There are two ingress/egress accesses from all 3 units, a full basement, and great side yard and back yard parking. The main floor unit will be vacant in June, the other two units have reliable tenants. The 3rd floor apt was totally remodeled in 2025 with new flooring, painting, and bathroom. It's neat, clean and bright. The main and 2nd floor apartments are in good condition and had upgrades from previous owners about five years ago. If you're looking for an easy to maintain income producing investment, or wish to occupy a unit yourself, this property could be just what you're looking for! 48 hour notice is required so make your appointment now!
Discover this beautifully remodeled and completely renovated mixed-use duplex, offering versatile living and income opportunities in a prime, central location. The spacious upper-level unit features 2 bedrooms, 2 bathrooms, abundant natural light, and a private second-floor deck—perfect for relaxation. The lower level, most recently used as a multi-room office, could easily be converted back to a two bedroom apartment. Enjoy the convenience of a three-car attached garage, plenty of off-street parking, and amenities like spray foam insulation, energy-efficient cold weather heat pumps, and town water and sewer. Whether you're seeking a great investment property with short-term rental potential or a unique live-and-work space, this well-maintained duplex checks all the boxes.
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.
This income producing duplex offers an ideal opportunity to become a home owner, while the rental income helps pay your monthly expenses. Each unit has a first and second floor, laundry, and has their own electric meter, water heater, and heating system, keeping things easy for future tenants to continue paying their own utilities. Unit 1 has 2 bedrooms upstairs while unit 2 has 3 bedrooms. Also on the property is a small but level yard, away from the road, and a heated 3-car garage. Use the garage for your own needs (or fun), or rent it for additional income. This property is ideally situated just 2 minutes from Troy Elementary School and 802 Market & Deli, 7 minutes to Newport Center, 18 minutes to Jay Peak Resort, and only 23 minutes from North Country Hospital. The Canadian border is just under 2 miles away, and Quebec is only a 30-40 minute drive. Lots of great opportunities for investors, new homeowners, or folks looking for multi-generational living. Also listed as a single family listing, MLS# 5074780
Fantastic & unique chance to own two established rental properties in a convenient location! This is an excellent investment opportunity calculated on an 8% cap rate. These two buildings with a total of 9 apartments sit across the road from each other and have been meticulously maintained by the current owners. 59 Railroad St boasts 5 units, and 78 Railroad St offers 4 units, all with a solid rental history. Each unit has undergone complete renovations through the years, expanding upon the efficiency and highlighting the care that the sellers have for their tenants. In a terrific, convenient area just short distance from Johnson Village, both buildings are in a prime location. The current tenants would greatly appreciate staying on with any new owner. Taking on ownership of these two properties is sure to be a smart addition to anyone's investment portfolio. This is the perfect time to build upon your future!
A five-unit building with off street parking and a 4-car detached garage in a prime downtown location is the kind of opportunity investors wait years to find. The property already benefits from steady foot traffic, strong rental demand in the area, and unbeatable proximity to shops, restaurants, and transit. With its solid structure and classic architectural bones, this property is ready for someone who sees the sweat-equity potential!  With a bit of vision, the next owner can elevate/renovate the units, modernize common areas, increase curb appeal and unlock some higher rents. It’s a chance to shape a property into something exceptional while building equity quickly- perfect for an investor who sees not just what a building is today, but what it can become tomorrow. Being sold AS-IS, buyers and agents to do their own due diligence.

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