139 Park Street, Morristown, VT 05661
Multi-Family Home 
Built in 1880 
0.5acre lot
—— car garage 
$——/sqft 
Listed 2 months ago
Property Description
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.
- Listing Status:
- Active
- Date Added:
- January 23, 2026
- Data Last Updated:
- April 5, 2026 at 5:56AM
- Listing Office:
- Mink Realty : 802-505-6633
- Listing Agent:
- Graham Mink : 802-505-6633 : gmmvt@outlook.com
- MLS ID:
- 5074836
- Style: Farmhouse
- Roofing: Asphalt Shingle
- General: Wood FrameWood SidingConcreteFieldstone
- Road/Access: Public Maintained RoadPublic
- County: Lamoille
- Driveway: Paved
- Zoning: HDR
- Utilities: Cable Available
- Water: Public
- Sewer: Public
This listing courtesy of Graham Mink , Mink Realty
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Peoples Academy Middle Level School
202 Copley Ave, Morrisville, VT, 05661
Grades 5-8
0.18 miles away
Peoples Academy Middle Level School
202 Copley Ave, Morrisville, VT, 05661
Grades 5-8
0.18 miles away
Peoples Academy
202 Copley Ave, Morrisville, VT, 05661
Grades 9-12
0.18 miles away
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Presented by Veterans United Realty