5 Park Street, Morristown, VT 05661
Local realty services provided by:ERA Key Realty Services
5 Park Street,Morristown, VT 05661
$1,125,000
- - Beds
- - Baths
- 5,608 sq. ft.
- Multi-family
- Active
Listed by: denise trombley
Office: bhhs vermont realty group/morrisville-stowe802-888-0021
MLS#:5115565
Source:PrimeMLS
Price summary
- Price:$1,125,000
- Price per sq. ft.:$150.97
About this home
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...
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Home facts
- Year built:1878
- Listing ID #:5115565
- Added:1 day(s) ago
- Updated:October 24, 2026 at 03:47 AM
Rooms and interior
- Basement Description:Concrete Floor, Crawl Space, Dirt, Exterior Access, Interior Access, Storage Space, Unfinished, Walk-up
- Living area:5,608 sq. ft.
Structure and exterior
- Roof:Shingle
- Year built:1878
- Building area:5,608 sq. ft.
- Lot area:0.4 Acres
- Levels:3 Story
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$1,125,000
- Price per sq. ft.:$150.97
- Tax amount:$12,697 (2026)
Features and amenities
- Amenities:Circuit Breaker(s)
Parking
- Parking description:Paved Driveway
- Garage spaces:3
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