2906 LaPorte Road Morristown, Vermont 05661

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For Sale Status
$319,000 Price
Multi Type
5 Beds
3 Baths
2,644 Sqft
Listed By Richard Drill of Red Barn Realty of Vermont

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NMLS# 49592

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Lamoille County

Perhaps most known for its mountains, Lamoille County is home to Stowe Mountain and Smuggler’s Notch. Winter activities certainly put Lamoille County on the map, but this region boasts amazing recreation year-round. Over 23,000 people reside...

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Whether you are searching for an investment property with excellent rental history or a primary home with solid income potential, this well-maintained triplex just south of the Stowe-Morrisville Airport is an income opportunity you don’t want to miss. Three distinct apartments offer something for everyone including a ground-level one-bedroom efficiency; a very private spacious top-floor unit; and a sprawling dwelling on the main floor that boasts its own mudroom, sunny country kitchen, renovated bath, and two huge bedrooms. Notable features of the property include large bay windows, hardwood flooring, attached two-bay garage, huge fenced common backyard, and room for revenue expansion. Frontage parking and main road location means easy commuting and country living with cable TV and internet service! Notice: Per governor's order, all showings are suspended until after May 15, 2020.

Property Location

Property Details

MLS#  4798228 Bedrooms  5 Garage Size  2 Car
List Price  319,000 Total Bathrooms  3 Year Built  1900
Type  Multi-Family Lot Size  1.0000 Acres Taxes $6,548
Units  3 Stories  1/1/1900 Road Frontage  157
Annual Income  $18,204 Style  Farmhouse, Rural Water Frontage  
Annual Expenses  $0 Finished  2,644 Sqft Construction  No, Existing
Zoning   Rural Residential Above Grade  2,644 Sqft Seasonal  No
Total Rooms  5 Below Grade  0 Sqft List Date  Mar 16th, 2020
Gross Income  $39,000 Operating Expenses  $0 Net Income  $18,204
Expenses Includes 
Unit 1   1 Beds, 1 Baths, 500 SqFt, $850/Monthly Unit 2   2 Beds, 1 Baths, 1,200 SqFt, $1,200/Monthly
Unit 3   2 Beds, 1 Baths, 892 SqFt, $1,200/Monthly
ConstructionWood Frame
BasementWalk-up, Unfinished
Interior Features
Exterior Features
Exterior  Clapboard Disability Features  
Foundation  Concrete, Fieldstone House Color  Olive
Floors  Vinyl, Carpet, Hardwood Building Certifications  
Roof  Shingle-Asphalt, Metal HERS Index  
DirectionsOn Rt. 100, midway between Stowe and Morrisville, just south of Stowe-Morrisville Airport. Across road from Vermont Distillers & Green Mountain Landscaping.
Lot DescriptionUnknown, View, Level, Country Setting, View, Rural Setting, Near Skiing
Garage & Parking  Yes, Assigned, , 5 Parking Spaces
Road Frontage  157 Water Access  
Driveway  Gravel, Dirt Water Type  
Flood Zone  No Water Body  
Zoning  Rural Residential
School District  Morristown School District Middle  Peoples Academy Middle Level
Elementary  Morristown Elementary School High  Peoples Academy
Heat Fuel  , Oil Excluded  AC Unit(s), Old W/D in basement to be removed
Heating/Cool  None, Baseboard Negotiable  
Sewer  Septic Parcel Access ROW  
Water  Spring ROW for Other Parcel  
Water Heater  Off Boiler Financing  
Cable Co  Xfinity Comcast Documents  Deed, Property Disclosure, Property Disclosure, Tax Map, Town Approvals
Electric  Circuit Breaker Tax ID  414-129-10932

† The remarks published on this webpage originate from Listed By Richard Drill of Red Barn Realty of Vermont via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman Realty cannot be held responsible for possible violations of copyright resulting from the posting of any data from the NNEREN IDX Program.