24 Jersey Way Morristown, VT 05661

Building Details

Year Built

2024

Listing agency Provost Real Estate LLC b***@aol.com Show Phone

Listed by Robert Provost Show Phone

Source Compass

Added: Jul 17, 2024 Updated: Jul 22 at 11:49PM Checked: Jul 22 at 11:49PM

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Investment Insights

Based on property information with market context.

This fully occupied specialty property is part of Jersey Heights Residences LLC and is being offered for sale. In addition to the existing improvements, an adjacent parcel is available and is fully permitted through Local Authority and Act 250.

The adjacent parcel is improved with municipal water and sewer, underground power, sidewalks, and a paved driveway and parking area for an additional 8 units. The adjacent parcel is separately listed.

For prospective buyers and brokers, the combination of an income-producing, currently fully occupied property and a permitted adjacent expansion parcel provides a straightforward path to evaluate near-term opportunities tied to the existing site plan and utilities.

Key Highlights

• Year built 2024 with 2 stories and 38 total rooms above ground
• Fully occupied specialty property; adjacent parcel is separately listed and fully permitted through Act 250
• Interior includes mini split cooling and electric/mini split heating, plus carpet and vinyl plank flooring

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FAQs

What type of property is this?

Specialty property - Fully occupied specialty property with an adjacent, separately listed parcel permitted under Act 250.

Where is this specialty property located?

The property is located at 24 Jersey Way Morristown, VT.

What is the asking price?

The asking price for this property is $3,999,000.

What are key features of this property?

This property features: Year built 2024 with 2 stories and 38 total rooms above ground; Fully occupied specialty property; adjacent parcel is separately listed and fully permitted through Act 250; Interior includes mini split cooling and electric/mini split heating, plus carpet and vinyl plank flooring