5 Park ST, Morristown, VT 05661
5 Park ST, Morristown, VT 05661
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Mark Triller

Mark Triller

+1(802) 770-8259
Listed by Trombley & Day Group • BHHS Vermont Realty Group/Morrisville-Stowe
$ 1,125,000
Est. payment | /mo

5,608 SqFt

Save
$ 1,125,000
Est. payment | /mo
Save

5,608 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,608 sqft

Price per Sqft $200

MLS Listing ID 5115565

Construction Status Existing

Year Built 1878

Annual Tax Amount $12,697

Tax Year 2026

Lot Size 0.400 Acres

Acres 0.4

Property Description

The Governor's Mansion. Capitalize on this rare opportunity! This is an exceptional investment opportunity featuring 19 potential residential apartments and one office space. The Governor's Mansion is a well maintained three story property in the heart of downtown Morrisville, Vermont. Currently generating income from the three car garage, four residential apartments with an owner occupied residence that incorporates dedicated office space. The property has DRB approval for construction of 14 additional residential apartments, creating the opportunity to expand to 19 residential apartments while retaining the existing office space. This property offers a unique opportunity for investors, developers, or an owner occupant to live and work in downtown Morrisville while benefiting from rental income and future development potential. Its central downtown location, within walking distance of village amenities, schools, golf course and hospital, offers convenient access to everyday services and supports the property's long term investment potential. Position your next investment for growth. With existing income, DRB approved expansion potential and a desirable downtown location, the Governor's Mansion offers investors the opportunity to increase rental revenue and build long term value. Property is Broker Owned

Location

State VT

County Vt-lamoille

Area Vt-Lamoille

Zoning Central Business

Rooms

Basement Entrance Walk-up

Basement Concrete Floor, Crawl Space, Dirt, Other, Exterior Stairs, Interior Stairs, Storage Space, Unfinished, Interior Access, Exterior Access, Basement Stairs

Interior

Cooling None

Exterior

Garage Spaces 3.0

Utilities Available Cable at Site

Roof Type Other,Shingle

Building

Story 3

Sewer Public

Architectural Style Apartment Building, Multi-Family

Construction Status Existing

PrimeMLS
Nearby Locations
Mark Triller

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(802) 770-8259

mark@metprop.net

5 Barron Dr, Rutland, VT 05701, USA

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5 Park ST