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Newer Multifamily Property in Morrisville
For Sale
$1,999,000

661 Laporte Road, Morristown, VT 05661

Well-maintained 9-unit multifamily property built in 2022 in Vermont.

Property Size6,564 SF
Price / SF$304.54
Days on Market700

Property Features for 661 Laporte Road

General Information

Standard status Active
Size 6,564 SF
Property subtype Multi Family
Zoning Com

Taxes and HOA fees

Annual Taxes $17,238

Amenities

Mini Split
Propane, Direct Vent, Individual, Mini Split
Yes
2
Interior
Concrete, Insulated, Interior Access
Architectural Shingle
Wood Frame

Building Details

Year Built 2022
Listing Agency: Mink Realty
Listed By: Graham Mink
Source: Compass
Added: Nov 27, 2024 Changed: Oct 26 Last Checked: Oct 28 at 11:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mink Realty

Rey
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Investment Insights

Based on property information with market context.

This well-maintained 9-unit multifamily property, constructed in 2022, is located in Morrisville, Vermont. It presents an opportunity for investors or owner-occupiers. The property features a mix of one and two-bedroom units, specifically four 1-bedroom units and five 2-bedroom units. Each unit is equipped with its own washer and dryer, and a secure, dedicated storage unit is located in the basement. The property is fully occupied with tenants. Its location offers convenient access to public transportation, schools, parks, shopping, and dining. The property offers low maintenance and modern energy efficiency.

Key Highlights

  • Built in 2022, offering low maintenance and modern energy efficiency.
  • Fully occupied with quality tenants, ensuring immediate income.
  • Mix of one and two‑bedroom units providing diverse rental options.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

230
Businesses Nearby

Demographics for 05661, VT

5,881
Population
3,276
Households
1.8
Avg Household Size
45
Median Age
40%
College-Educated
94%
High-School Grad
65.3 sq mi
ZIP Area
90
Density / Sq Mi
$65,057
Median Household Income
$40,781
Median Earnings
$1,176
Median Rent
$268,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained 9-unit multifamily property built in 2022 in Vermont.
Where is this apartment building located?
The property is located at 661 Laporte Road Morristown, VT.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: Built in 2022, offering low maintenance and modern energy efficiency.; Fully occupied with quality tenants, ensuring immediate income.; Mix of one and two‑bedroom units providing diverse rental options.
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