Building Details

Year Built 2022

Listing Agency: Mink Realty

Listed By: Graham Mink Show Phone

Source: Compass

Added: Jun 2, 2025 Changed: Sep 8 Last Checked: Sep 8 at 8:43AM

Report an Issue

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

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

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Electrical Service Plumbing Service Storage Facility Garden Center Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

230

Businesses Nearby

Explore this area Business Placement

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Mixed-Use Property with Office Space

165 Brooklyn St, Morristown, VT 05661

$499,000

4,340 SF

View details

Horse Property with Modern Barn

2148 Cote Hill Rd, Morristown, VT 05661

$1,850,000

3,442 SF

View details

3-Unit Apartment Building

46 Court Street, Morristown, VT 05661

$399,000

3,117 SF

View details

Single-Story Brick Office Building

78 Vt Route 15 W, Morristown, VT 05661

$429,000

2,015 SF

View details

Three-Unit Apartment Building

46 Court Street, Morristown, VT 05661

$399,000

3,117 SF

View details

Furnished Duplex with Accessory Apartment

74 Plane View Road A & B, Morristown, VT 05661

$595,000

2,063 SF

View details

Historic Brick Triplex

632 Morristown Corners Road, Morristown, VT 05661

$849,000

5,084 SF

View details

Mixed-Use Property with Garage

165 Brooklyn Street, Morristown, VT 05661

$499,000

0.70 Acres

View details

Fully Occupied Specialty Property

24 Jersey Way, Morristown, VT 05661

$3,999,000

13,440 SF

View details

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.