139 Park St Morristown, VT 05661
Morristown AreaEstimated payment $4,762/month
Highlights
- Farmhouse Style Home
- Baseboard Heating
- Wood Siding
- Zoned Heating
About This Home
Four-unit multifamily property located in the village of Morrisville, featuring classic New England village architecture, a covered front porch, and a well-established streetscape. Situated on a 0.50-acre parcel within walking distance to downtown shops, restaurants, schools, and local amenities, 139 Park Street offers a combination of in-place income and long-term upside. The existing structure is configured as four residential units and has been operated as a traditional multifamily property. The building represents a stable, income-producing asset with the potential for future improvement or repositioning over time. The property also includes local approvals for six additional residential units to the rear of the parcel. Implementation of this development plan will require further due diligence by a buyer, including confirming access and any related site considerations. This creates an opportunity for a buyer to explore expansion potential while maintaining the existing four-unit income stream. The site benefits from established utilities, a village setting, and a layout that supports multiple future use scenarios. Listing broker is a member of the ownership LLC.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,739
Year Built
- Built in 1880
Parking
- Paved Parking
Home Design
- Farmhouse Style Home
- Concrete Foundation
- Wood Frame Construction
- Asphalt Shingled Roof
- Wood Siding
Interior Spaces
- Property has 2 Levels
Finished Basement
- Walk-Out Basement
- Exterior Basement Entry
Utilities
- No Cooling
- Zoned Heating
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Oil
- Cable TV Available
Additional Features
- 21,780 Sq Ft Lot
- City Lot
Community Details
- 4 Units
- Gross Income $64,150
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,903 | $384,200 | $62,500 | $321,700 |
| 2024 | $7,903 | $384,200 | $62,500 | $321,700 |
| 2023 | $4,535 | $384,200 | $62,500 | $321,700 |
| 2022 | $5,515 | $199,900 | $37,500 | $162,400 |
| 2021 | $5,323 | $199,900 | $37,500 | $162,400 |
| 2020 | $5,140 | $199,900 | $37,500 | $162,400 |
| 2019 | $4,983 | $199,900 | $37,500 | $162,400 |
| 2018 | $4,808 | $199,900 | $37,500 | $162,400 |
| 2017 | $4,702 | $199,900 | $37,500 | $162,400 |
| 2016 | $4,595 | $199,900 | $37,500 | $162,400 |
| 2015 | -- | $1,999 | $0 | $0 |
| 2014 | -- | $1,999 | $0 | $0 |
| 2013 | -- | $1,999 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/02/2026 05/02/26 | Price Changed | $749,000 | -9.2% | $174 / Sq Ft |
| 01/23/2026 01/23/26 | For Sale | $825,000 | -- | $192 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $177,500 | -- | |
| Grant Deed | $135,000 | -- |
Source: PrimeMLS
MLS Number: 5074836
APN: 414-129-11901
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