SQUARE FEET5,608
MLS#5115565
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Listing Courtesy of:
BHHS Vermont Realty Group/Morrisville-Stowe
Agency Phone: 802-888-0021
Associate Name: Trombley Day Group
Property Description
The Governor's Mansion. Capitalize on this rare opportunity! This is an exceptional investment opportunity featuring 19 potential residential apartments and one office space. The Governor's Mansion is a well maintained three story property in the heart of downtown Morrisville, Vermont. Currently generating income from the coin-op laundry, four residential apartments with an owner occupied residence that incorporates dedicated office space. The property has DRB approval for construction of 14 additional residential apartments, creating the opportunity to expand to 19 residential apartments while retaining the existing office space. This property offers a unique opportunity for investors, developers, or an owner occupant to live and work in downtown Morrisville while benefiting from rental income and future development potential. Its central downtown location, within walking distance of village amenities, schools, golf course and hospital, offers convenient access to everyday services and supports the property's long term investment potential. Position your next investment for growth. With existing income, DRB approved expansion potential and a desirable downtown location, the Governor's Mansion offers investors the opportunity to increase rental revenue and build long term value. Property is Broker Owned
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Concrete Floor, Crawl Space, Dirt, Other, Exterior Stairs, Interior Stairs, Storage Space, Unfinished, Interior Access, Exterior Access, Basement Stairs
Cooling: None
Garage: 3
Heating: Boiler
Home Style: Apartment Building, Multi-Family
Lot Size: 0.40 Acres
Roof Type: Other, Shingle
Stories: 3.0
Taxes: $12,697
Year Built: 1878
Feature Descriptions
Construction: Other, Vinyl Siding
Days on Site: 18
Driveway: Paved
Driveway: Paved
Electric: Circuit Breaker(s)
Exterior: Other, Vinyl Siding
Flood Zone: No
Foundation: Concrete, Stone
Foundation: Concrete, Stone
Lot: Level, Mountain View, Sidewalks, Street Lights, Trail/Near Trail, View, Walking Trails, In Town, Near Country Club, Near Golf Course, Near Paths, Near Shopping, Near Skiing, Near Snowmobile Trails, Near Hospital, Near School(s)
Roads: Paved, Public Maintained Road
Sewer: Public
Sq. Ft. Total Finished: 5608
Total Stories: 3
Units: 6
Water: Public
Zoning: Central Business
Listed By / Shown By
Listed By
Agency Name: BHHS Vermont Realty Group/Morrisville-Stowe
Agent Name: Trombley Day Group
Agency Phone: 802-888-0021
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 3,889.97 per month $2,503.76 Principal & Interest $1,058.08 Property Tax $328.13 Homeowner's Insurance
Listing data compilation and photo(s) copyright © 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Last Updated 2026-11-10 23:33:20 
5 Park Street | MLS# 5115565
This multi-family property located at 5 Park Street, Morristown, VT 05661 is currently listed for sale with an asking price of $1,125,000. Search Morristown real estate on www.masiellogrouprealestate.com today.