For Sale Status
$749,000 List Price
Multi Type
0 Beds
0 Baths
4,293 Sqft
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Lamoille County
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
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 |

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