USAVTMorristown5 Park St
5 Park St | Image 1
New
5 Park St | Image 2

$1,125,000

For Sale

13 hours ago

5 Park St, Morristown, VT

House

MLS® 5115565

0 Bed

0 Bath

5608 sqft

3 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 5608 sqft
Garage Yes
Taxes $12,697
Days Active 1
Lot Size 0.4 Acres
Approx. Age 1878
Avg. Price Per Sqft $200
MLS® Number 5115565

Property Address: 5 Park St, Morristown, VT, 05661-5714

Average square foot calculated using Size range provided by listing agent.

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 three car garage, 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
MLS® Number5115565
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1878
BasementCrawl Space, Concrete Floor, Dirt, Exterior Entry, Interior Entry, Other, Storage Space, Basement Stairs, Exterior Stairs, Interior Stairs, Unfinished
Driveway
Garage Spaces
HeatBoiler
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 23, 2026List Date
$1,125,000List Price
  • Commute

Commute

Starting Address
Destination Address
5 Park St, Morristown, VT

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