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661 Laporte Road, Morristown, VT 05661

$1,999,000
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Active
SQUARE FEET6,564 MLS#5044087
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLLamoille South

Listing Courtesy of: Mink Realty
Agency Phone: 802-505-6633
Associate Name: Graham Mink
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Property Description

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.

661 Laporte Road | MLS# 5044087

This multi-family property located at 661 Laporte Road, Morristown, VT 05661 is currently listed for sale with an asking price of $1,999,000. Laporte Road is located within the Lamoille South school district. Search Morristown real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Concrete, Insulated, Interior Access
Cooling: Mini Split
Heating: Propane, Direct Vent, Individual, Mini Split
Home Style: Farmhouse
Lot Size: 0.59 Acres
Roof Type: Architectural Shingle
Stories: 2.0
Taxes: $17,238
Year Built: 2022

Feature Descriptions

Construction: Wood Frame
Construction Status: Existing
Days on Site: 321
Driveway: Paved
Driveway: Paved
Electric: 100 Amp Service
Exterior: Wood Frame
Flood Zone: No
Foundation: Concrete
Foundation: Concrete
Lot: In Town
Roads: Public
Sewer: Public
Sq. Ft. Above Grade Finished: 6564
Sq. Ft. Below Grade Unfinished: 922
Sq. Ft. Total Finished: 6564
Total Stories: 2
Units: 9
Water: Public
Zoning: Com

Local Schools

High School: Peoples Academy
Middle School: Peoples Academy Middle Level
Elementary School: Morristown Elementary School
School District: Lamoille South

Listed By / Shown By

Listed By

Agency Name: Mink Realty
Agency Phone: 802-505-6633
Agent Name: Graham Mink

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Estimated Payment

$ 6,468.45 per month $4,448.91 Principal & Interest $1,436.50 Property Tax $583.04 Homeowner's Insurance

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