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Four-Unit Multifamily Property

139 Park Street, Morristown, VT 05661

For Sale
$699,000

The existing residential building is configured as four units, with local approvals for additional housing at the rear of the parcel.

Property Size4,293 SF
Lot Size0.50 Acres
Price / SF$162.82
Days on Market292

Property Features for 139 Park Street

General Information

Standard status Active
Size 4,293 SF
Lot size 0.50 Acres
Property subtype Multi Family Home
Zoning HDR

Additional Details

Utilities to Site Yes
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $7,738

Amenities

covered front porch

Building Details

Building Size 4,293 SF
Year Built 1880
Stories 2
Units 4
Construction New England village
Listing Agency: Mink Realty
Listed By: Graham Mink
Source: Harringtonvt
Added: Jan 23 Changed: Nov 8 Last Checked: Nov 9 at 3:13PM

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.

The 4,293-square-foot multifamily building dates to 1880 and contains four residential units. Property features include a covered front porch and New England village-style architecture. The 0.50-acre parcel is zoned HDR, and utilities are established on site.

Local approvals cover six additional residential units at the rear of the property. Moving forward with that plan requires buyer due diligence, including review of access and related site conditions.

Key Highlights

  • Four residential units in a 4,293‑square‑foot building
  • Local approvals for six additional residential units at the rear; access and site conditions require further due diligence
  • 0.50‑acre parcel zoned HDR

Property Analytics

Lease Details

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

459
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

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?
Quadplex - The existing residential building is configured as four units, with local approvals for additional housing at the rear of the parcel.
Where is this quadplex located?
The property is located at 139 Park Street Morristown, VT.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Four residential units in a 4,293‑square‑foot building; Local approvals for six additional residential units at the rear; access and site conditions require further due diligence; 0.50‑acre parcel zoned HDR
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