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Listed by Graham Mink • Mink Realty
$ 499,000
Est. payment | /mo
3,840 SqFt
$ 499,000
Est. payment | /mo
3,840 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,840 sqft
Price per Sqft $129
MLS Listing ID 5058525
Construction Status Existing
Year Built 1930
Annual Tax Amount $7,153
Tax Year 2024
Lot Size 0.300 Acres
Acres 0.3
Property Description
For Sale: 4-Unit Multifamily – Morrisville, VT Don't miss this rare opportunity to own a 4-unit multifamily property in the heart of Morrisville's Central Business District. Fully occupied and income-producing, this property is ideal for both investors and owner-occupants. Live in one unit and let tenants offset your living expenses, or continue operating it as a strong, cash-flowing rental. For those with a vision, the Central Business District zoning offers exceptional flexibility: keep it as four residential units, convert some or all to commercial, or create a mixed-use setup to suit your needs. The building sits in a highly visible location with strong traffic exposure, making it a great option for a business looking for visibility in a growing community. The lot includes dedicated off-street parking for tenants and customers. This is a unique chance to secure a stable investment with immediate rental income and long-term redevelopment potential. Showings require a minimum of 48 hours' notice. Please email or text to schedule. Financials available to qualified buyers. Listing Broker is a member of the LLC that owns the property.
Location
State VT
County Vt-lamoille
Area Vt-Lamoille
Zoning CB
Rooms
Basement Entrance Interior
Basement Crawl Space
Interior
Cooling None
Exterior
Utilities Available Cable Available
Roof Type Shingle
Building
Story 2
Sewer Public
Architectural Style Apartment Building
Construction Status Existing
Schools
Elementary Schools Morristown Elementary School
Middle Schools Peoples Academy Middle Level
High Schools Peoples Academy
School District Lamoille South
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C. Robin Hall
REALTOR® | Lic# 083.0650338