661 Laporte Road Morristown, VT $ 1,999,000
661 Laporte Road
$ 1,999,000
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661 Laporte Road

Morristown, VT, 05661
$ 1,999,000
Baths0.0 Sq 6,564

Monthly Estimate*

$ 12,471

Listed by Graham Mink, Mink Realty, 802-505-6633, gmmvt@outlook.com
661 Laporte Road, Morristown, VT 05661 - Image 1
661 Laporte Road, Morristown, VT 05661 - Image 2
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661 Laporte Road, Morristown, VT 05661 - Image 9
661 Laporte Road, Morristown, VT 05661 - Image 10
Studio

Multi-Family Home for sale in Morristown, VT

for $1,999,000. This 6,564 square foot home was built in 2022 on a lot size of 0.59.

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.

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Multi-Family Active

Price

$ 1,999,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Farmhouse

Lot Size

0.59

Year Built

2022

Town/City

Morristown

County/Region

Lamoille

MLS | Web ID

5044087

Features
Interior
Basement Description Concrete Insulated Interior Access
Basement Yes
Total Number of Units 9
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General
Road Frontage Yes
Sewer Public
Heating Propane Direct Vent Individual Mini Split
Cooling Mini Split
Utilities Cable Propane Underground Utilities
Roof Architectural Shingle
Garage No
current use No
Flood Zone No
Zoning Com
Year Built 2022
Electric 100 Amp Service
Style Farmhouse
Stories Count 2
Construction Status Existing
Auction No
Tax Year 2024
Gross Income 189600
Status Detail 0
Covenants No
Construction Materials Wood Frame
High School Peoples Academy
City Morristown
School District Lamoille South
Seasonal No
Elementary School Morristown Elementary School
Middle School Peoples Academy Middle Level
DOM 193
Price Per Sq Ft Total AG 304.54
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Exterior
Lot Features In Town
Driveway Paved
Lot Size Area 0.59
Water Source Public
Foundation Concrete
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* Excluded Features
List By
Graham Mink

Listing Agent

Mink Realty

Broker

(802) 505-6633

Phone

gmmvt@outlook.com

Email

Affordability Calculator

$12,471
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,471
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1782645 Elementary School
450806 Middle School
Peoples Academy High School High School
Pricing History
DatePricePrice ChangeDescription
6/2/2025$1,999,000 Listed Price

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661 Laporte Road, Morristown, VT, 05661 is a Multi-Family Home for sale at $1,999,000 with 6,564 sqft and a lot size of 0.59. 661 Laporte Road is a studio with 0.0 baths and was built in 2022. The property's zip code is 05661 which is in Morristown, VT