This well-maintained 9-unit multifamily property presents an excellent opportunity for investors or owner-occupiers seeking a stable income stream and/or a multi-unit living situation in Morrisville, Vermont. The property was built in 2022 and will offer low maintenance and modern energy efficiency for many years to come. 661 Laporte Road features a mix of one and two-bedroom units and offers a variety of attractive features. Contains four 1-bedroom, five 2-bedroom units, and it's fully occupied with quality tenants. Each unit has it's own washer/dryer and a secure, dedicated storage unit in the basement. Conveniently located near public transportation, schools, parks, shopping, and dining. Strong rental history, low vacancy rate, and excellent cash flow potential. Don't miss this opportunity to acquire a solid income-producing multifamily property. Schedule your private showing today! Listing agent is a member of the ownership LLC, CM Real Estate LLC. †

Essentials

List Price 1,999,000	Bedrooms 0	Garage Size Car
Cooperation Fee Unknown	Total Bathrooms 0	Year Built 2022
MLS# 5044087	Lot Size 0.59 Acres	Taxes $17,238
Type Multi-Family	Days on Market 387 Days	Tax Year 2024
Units 9	Stories 2	Road Frontage 125
Annual Income $189,600	Style	Water Frontage
Annual Expenses $0	Finished 6,564 Sqft	Construction No, Existing
Zoning Com	Above Grade 6,564 Sqft	Seasonal No
Total Rooms 0	Below Grade 0 Sqft	List Date Jun 2nd, 2025

Expenses

Gross Income $189,600	Operating Expenses $0	Net Income $0

Expenses Includes

Unit Size & Rent

Building

Construction
BasementInterior, Concrete, Insulated, Interior Access
Interior Features
Exterior Features

Exterior	Disability Features
Foundation	House Color
Floors	Building Certifications
Roof Architectural Shingle	HERS Index

Property

Directions
Lot Description
Garage & Parking No

Road Frontage 125	Water Access
Driveway Paved	Water Type
Flood Zone No	Water Body
Zoning Com

Schools

School District Lamoille South	Middle Peoples Academy Middle Level
Elementary Morristown Elementary School	High Peoples Academy

Utilities

Heat Fuel , Mini Split	Excluded
Heating/Cool Mini Split, Individual, Direct Vent	Negotiable
Sewer Public	Parcel Access ROW
Water	ROW for Other Parcel
Water Heater	Financing
Cable Co	Documents
Electric 100 Amp Service	Tax ID 41412913405