139 Park Street Morristown, Vermont - For Sale

139 Park Street Morristown, Vermont 05661 MLS# 5074836

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For Sale Status

$749,000 List Price

Multi Type

0 Beds

0 Baths

4,293 Sqft

Listed By Graham Mink of Mink Realty
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Lamoille County

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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 long-term upside. The existing structure is configured as four residential units and has been operated as a traditional multifamily property. The building represents a stable, income-producing asset with the potential for future improvement or repositioning over time. The property also includes local approvals for six additional residential units to the rear of the parcel. Implementation of this development plan will require further due diligence by a buyer, including confirming access and any related site considerations. This creates an opportunity for a buyer to explore expansion potential while maintaining the existing four-unit income stream. The site benefits from established utilities, a village setting, and a layout that supports multiple future use scenarios. Listing broker is a member of the ownership LLC.

Property Location

139 Park Street Morristown

Property Details

List Price  749,000 Bedrooms  0 Garage Size   Car
Cooperation Fee  Unknown Total Bathrooms  0 Year Built  1880
MLS#  5074836 Lot Size  0.5 Acres Taxes $7,739
Type  Multi-Family Days on Market  151 Days Tax Year 2025
Units  4 Stories  2 Road Frontage  81
Annual Income  $64,150 Style   Water Frontage  
Annual Expenses  $0 Finished  4,293 Sqft Construction  No, Existing
Zoning   HDR Above Grade  3,329 Sqft Seasonal  No
Total Rooms  0 Below Grade  964 Sqft List Date  Jan 23rd, 2026
Gross Income  $64,150 Operating Expenses  $0 Net Income  $0
Expenses Includes 
Construction
BasementWalkout, Partially Finished, Finished, Exterior Access
Interior Features
Exterior Features
Exterior   Disability Features  
Foundation   House Color  Red
Floors   Building Certifications  
Roof  Asphalt Shingle HERS Index  
Directions139 Park Street in Morrisville. Large, red village farmhouse.
Lot Description
Garage & Parking  No
Road Frontage  81 Water Access  
Driveway  Paved Water Type  
Flood Zone  No Water Body  
Zoning  HDR
School District  NA Middle  
Elementary   High  
Heat Fuel  , Oil Excluded  
Heating/Cool  None, Hot Water, Multi Zone, Baseboard Negotiable  
Sewer  Public Parcel Access ROW  
Water   ROW for Other Parcel  
Water Heater   Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  414-129-11901
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† The remarks published on this webpage originate from Listed By Graham Mink of Mink Realty via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.