139 Park Street, Morristown, VT 05661
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
139 Park Street,Morristown, VT 05661
$825,000
- - Beds
- - Baths
- 4,293 sq. ft.
- Multi-family
- Active
Listed by: graham mink
Office: mink realty
MLS#:5074836
Source:PrimeMLS
Price summary
- Price:$825,000
- Price per sq. ft.:$137.66
About this home
Four-unit multifamily property located in the village of Morrisville, featuring classic New England village architecture, a covered front porch, and a well-established streetscape. Situated on a 0.50-acre parcel within walking distance to downtown shops, restaurants, schools, and local amenities, 139 Park Street offers a combination of in-place income and approved development potential. The existing structure is configured as four residential units and has been operated as a traditional multifamily property. The building presents as a stable, long-held asset with immediate cash flow and long-term investment appeal. The property’s village setting, scale, and layout make it well suited for continued operation as a multifamily or for phased improvement over time. A key component of this offering is that local permits are in place to construct six additional residential units to the rear of the property. This provides meaningful expansion potential in a market where new housing supply is limited. A buyer may elect to operate the existing four units as-is, pursue the approved development, or hold the property as a long-term investment with embedded optionality. The site benefits from established utilities, longstanding access, and a configuration that supports future development subject to buyer due diligence. Listing broker is a member of the ownership LLC....
Contact an agent
Home facts
- Year built:1880
- Listing ID #:5074836
- Added:61 day(s) ago
- Updated:March 19, 2026 at 10:23 AM
Rooms and interior
- Basement Description:Exterior Access, Finished, Partially Finished, Walkout
- Living area:4,293 sq. ft.
Heating and cooling
- Heating:Baseboard, Hot Water, Multi Zone, Oil
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1880
- Building area:4,293 sq. ft.
- Lot area:0.5 Acres
- Levels:2 Story
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$825,000
- Price per sq. ft.:$137.66
- Tax amount:$7,738 (2025)
Features and amenities
- Amenities:Circuit Breaker(s)
Parking
- Parking description:Paved Driveway
New listings near 139 Park Street
- New
$250,000Active3 beds 2 baths1,789 sq. ft.70 Fairwood Heights, Morristown, VT 05661
MLS# 5080645Listed by: KW VERMONT-STOWE
$525,000Active5 beds 2 baths2,204 sq. ft.336 Cote Hill Road, Morristown, VT 05661
MLS# 5079237Listed by: KW VERMONT-STOWE
$130,000Active0.74 Acres00 Anderson Lane #Lot 2, Morristown, VT 05661
MLS# 5079150Listed by: COLDWELL BANKER CARLSON REAL ESTATE
$525,000Active5 beds 2 baths2,204 sq. ft.336 Cote Hill Road, Morristown, VT 05661
MLS# 5079069Listed by: KW VERMONT-STOWE
$25,000Active0.25 Acres0 Outlar, Wharton, VT 77488
MLS# 89708167Listed by: HOMESMART
$325,000Active1 beds 1 baths624 sq. ft.TBD Cote Hill Road #5, Morristown, VT 05661
MLS# 5078822Listed by: TAMARACK REAL ESTATE LLC
$439,000Active1 beds 2 baths1,489 sq. ft.TBD Cote Hill Road #1, Morristown, VT 05661
MLS# 5078818Listed by: TAMARACK REAL ESTATE LLC
$150,000Pending0.6 Acres452 Elizabeths Lane #17, Morristown, VT 05661
MLS# 5078216Listed by: COLDWELL BANKER CARLSON REAL ESTATE
$150,000Active0.52 Acres450 Elizabeths Lane #16-009-16, Morristown, VT 05661
MLS# 5078218Listed by: COLDWELL BANKER CARLSON REAL ESTATE
$469,000Active3 beds 2 baths2,722 sq. ft.305 Congress Street, Morristown, VT 05661
MLS# 5077679Listed by: COLDWELL BANKER CARLSON REAL ESTATE