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177 Summer Street, Morristown, VT 05661

$499,000
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BEDS6 BATHS4 full SQUARE FEET3,069 MLS#5116039
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Listing Courtesy of: Flat Fee Real Estate
Agency Phone: 802-318-0833
Associate Name: Robert Foley
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Property Description

Excellent owner-occupant opportunity! Live in one spacious 3-bedroom, 2-bath unit while generating immediate rental income from the other. One unit is currently rented at $2,300 per month, while the second unit is available for an owner to occupy at closing. This well-maintained duplex offers an attractive alternative to purchasing a single-family home, allowing rental income from the second unit to help offset the cost of homeownership. Also well suited for an investor seeking a two-unit property with strong rental potential. Located at 177 Summer Street in Morrisville, this property combines comfortable living spaces with the flexibility and financial advantages of a multifamily home. The available unit features a generous three-bedroom layout with two full baths and plenty of room for everyday living. A spacious kitchen provides ample cabinetry, counter space, and room to gather, while the adjoining living and dining areas offer an open, comfortable setting for entertaining or relaxing at home. Updated flooring and finishes add to the move-in-ready feel. The well-proportioned bedrooms provide excellent flexibility for family, guests, or a home office, including a spacious primary bedroom. Outdoor living is enhanced by a covered side deck overlooking the sizable backyard, offering room for recreation, gardening, pets, or simply enjoying the outdoors. An attached garage provides convenient covered parking along with additional storage. With one unit already producing $2,300 per month in rental income and the second ready for occupancy, this is a compelling opportunity for buyers looking to reduce their monthly housing expense through rental income while building equity in a multifamily property. Investors will also appreciate the established tenancy and potential for long-term rental income. Owner-Occupant Opportunity - Live in One, Rent the Other.

177 Summer Street | MLS# 5116039

This multi-family property located at 177 Summer Street, Morristown, VT 05661 is currently listed for sale with an asking price of $499,000. Search Morristown real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: None
Garage: 2
Heating: Propane, Baseboard, Hot Water
Home Style: Duplex
Lot Size: 0.25 Acres
Roof Type: Metal
Stories: 2.0
Taxes: $7,493
Year Built: 1880

Units

Unit 1:
Bathroom(s): 2
Bedrooms: 3
Rent: $2300.00
Unit 2:
Bathroom(s): 2
Bedrooms: 3
Rent: $2300.00

Feature Descriptions

Construction: Wood Frame
Days on Site: 15
Driveway: Crushed Stone
Driveway: Crushed Stone
Electric: Circuit Breaker(s)
Exterior: Wood Frame
Flood Zone: No
Foundation: Concrete
Foundation: Concrete
Lot: Neighborhood
Roads: Public
Sewer: Public
Sq. Ft. Total Finished: 3069
Total Stories: 2
Units: 2
Water: Public
Zoning: Residential

Local Schools

High School: Peoples Academy
Middle School: Peoples Academy Middle Level
Elementary School: Morristown Elementary School

Listed By / Shown By

Listed By

Agency Name: Flat Fee Real Estate
Agent Name: Robert Foley
Agency Phone: 802-318-0833

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Estimated Payment

$ 1,880.52 per month $1,110.56 Principal & Interest $624.42 Property Tax $145.54 Homeowner's Insurance

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