• Property photo 1
    Morristown, VT $1,999,000
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    Morristown, VT $1,999,000
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    Morristown, VT $1,999,000
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    Morristown, VT $1,999,000
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    Morristown, VT $1,999,000
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    Morristown, VT $1,999,000
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    Morristown, VT $1,999,000
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    Morristown, VT $1,999,000
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    Morristown, VT $1,999,000
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    Morristown, VT $1,999,000

661 Laporte Road

Morristown, VT 05661

MLS # 5044087 Multi-Family Active
$17,238
Taxes
6,564
Square feet
9
# of units
0.59
Acres

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.

Property Type Multi-Family
# of Units 9
Subdivision Name N/A
Year Built 2022
Parking N/A
Road Frontage N/A
Acres 0.59
Gross Income 189600
Annual Expenses N/A
# of Gas Meters N/A
# of Electric Meters N/A
Sq Ft (Above Ground) 6564
Sq Ft (Below Ground) 0
Total Sq Ft 6564
Land Description N/A
Elementary School Morristown Elementary School
Middle School Peoples Academy Middle Level
High School Peoples Academy
Financing Details N/A
Documents Available N/A