Morristown, VT, 05661
Turnkey Multi-Unit Investment on the Stowe Line. This fully furnished two-unit property sits on 2.09 acres with private driveways for each unit. The main unit is a 3-bedroom, 2-bathroom home updated in 2018 with in-unit laundry. A brand-new accessory apartment (2020) features an open layout with two rooms, both with legal egress so that you can use either as a bedroom or home office. Major updates include a new roof (2017), furnace (2018), hot water heater (2019), and new windows (2022) in both units. Outdoors, enjoy a large yard with apple trees and blueberry bushes, providing charm and seasonal enjoyment. In the winter, the home abuts the vast trail with a direct access point on the property. Strong gross cap rate while operated as long-term rental and has historically delivered higher returns when operated as a furnished short-term rental. Full rental records available upon request. With turnkey condition, multiple income streams, and a prime location near Stowe, this property is ideal for investors, multi-generational living, or anyone looking to offset their mortgage while enjoying Vermont’s charm. Listed by the owner, who is a licensed Realtor. Showing begin 12/13/2025
Generate income from multiple rental units, providing diversified revenue and reduced vacancy risk.
Multi-family properties offer excellent potential for scaling your real estate investment portfolio.
Perfect for investors looking to build a managed real estate portfolio with professional oversight.
$4,760 - $7,140
Estimated based on 0.8% - 1.2% of property value
8% - 12%
Based on typical multi-family returns
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