Apartment Building with Office
New
For Sale
$1,125,000
5 Park Street, Morristown, VT 05661
Multi-Family, Morristown, VT
Property Size5,608 SF
Lot Size0.40 Acres
Price / SF$200.61
Days on Market3
Property Features for 5 Park Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Central Business
Rooms
Basement
Lot features
Level, Mountain View, Sidewalks, Street Lights, Trail/ Near Trail, View, Walking Trails, In Town, Near Country Club, Near Golf Course, Near Paths, Near Shopping, Near Skiing, Near Snowmobile Trails, Near Hospital, Near School(s)
Directions
Morrisville Village next Library
Standard status
Active
Size
5,608 SF
Lot size
0.40 Acres
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Property Use
Office
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
12697
Utilities
Heating system
Oil
Water source
Public
Building Details
Year built
1878
Floors in Building
3
Number of units
6
Building materials
Vinyl Siding
Roof type
Shingle
Architectural style
Other
Buildings
1
Listing Agency:
BHHS Vermont Realty Group/Morrisville-Stowe · Berkshire Hathaway HomeServices
(802) 888-0021
Listed By:
Denise Trombley
(802) 658-5555
Added: Oct 23
Last Checked: Oct 25 at 11:06AM
MLS# 5115565
Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This three-story apartment property contains 5,608 square feet on a 0.4-acre lot. The existing configuration includes four residential apartments and an owner-occupied residence with dedicated office space. A three-car garage currently produces income, and the property has approval for additional apartment construction. Built in 1878, the building has vinyl siding, a shingle roof, oil heat, and public water. Central Business zoning applies.
Located in downtown Morrisville, the property is within walking distance of village amenities, schools, a golf course, and a hospital. Its mix of residential space, office use, and garage income is part of the existing setup.
Located in downtown Morrisville, the property is within walking distance of village amenities, schools, a golf course, and a hospital. Its mix of residential space, office use, and garage income is part of the existing setup.
Key Highlights
- 5,608‑square‑foot, three‑story apartment property on 0.4 acres
- Four existing residential apartments and an owner‑occupied residence with office space
- Approval in place for additional apartment construction
Property Analytics
Who owns this building?
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Current Use
Lease Details
1
Office units
5
Residential units
Location Intelligence
Trade Area within ½ mile
561
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - The downtown property combines existing apartments, an owner-occupied residence, office space, and a three-car garage.
Where is this apartment building located?
The property is located at 5 Park Street Morristown, VT.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: 5,608‑square‑foot, three‑story apartment property on 0.4 acres; Four existing residential apartments and an owner‑occupied residence with office space; Approval in place for additional apartment construction
