$1,999,000

661 Laporte Rd Morrisville, VT 05661

Estimated payment $12,308/month

Total Views 3,566
-- Bed
-- Bath
6,564 Sq Ft
$305 Price per Sq Ft

Highlights

  • Farmhouse Style Home
  • High Speed Internet
  • Mini Split Air Conditioners

About This Home

This well-maintained 9-unit multifamily property presents an excellent opportunity for investors or owner-occupiers seeking a stable income stream and/or a multi-unit living situation in Morrisville, Vermont. The property was built in 2022 and will offer low maintenance and modern energy efficiency for many years to come. 661 Laporte Road features a mix of one and two-bedroom units and offers a variety of attractive features. Contains four 1-bedroom, five 2-bedroom units, and it's fully occupied with quality tenants. Each unit has it's own washer/dryer and a secure, dedicated storage unit in the basement. Conveniently located near public transportation, schools, parks, shopping, and dining. Strong rental history, low vacancy rate, and excellent cash flow potential. Don't miss this opportunity to acquire a solid income-producing multifamily property. Schedule your private showing today! Listing agent is a member of the ownership LLC, CM Real Estate LLC.

Listing Agent

Graham Mink

Mink Realty License #081.0134048 Listed on: 06/02/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,238

Year Built

  • Built in 2022

Lot Details

  • 0.59 Acre Lot

Parking

  • Paved Parking

Home Design

  • Farmhouse Style Home
  • Concrete Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • Property has 2 Levels
  • Basement
  • Interior Basement Entry

Schools

  • Morristown Elementary School
  • Peoples Academy Middle Level
  • Peoples Academy High School

Utilities

  • Mini Split Air Conditioners
  • Mini Split Heat Pump
  • Separate Meters
  • Individual Controls for Heating
  • Underground Utilities
  • Propane
  • High Speed Internet
  • Cable TV Available

Community Details

  • 9 Units
  • Gross Income $189,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,238

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 2022
  • Display On Internet: High Speed Intrnt -AtSite
  • Architectural Style: Farmhouse
  • ResoLotFeatures: In Town
  • Road Frontage Type: Public
  • MLS Status: (10) Active - Active
  • Above Grade Finished Sq Ft: 6564.0
  • Unit Levels: Two
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • SqFt_Apx_Total_Finished: 6564
  • SqFt_Apx_Unfn_Above_Grade: 0
  • SqFt_Apx_Unfn_Below_Grade: 922
  • SqFt_Apx_Total: 7486
  • Basement_Access_Type: Interior
  • Separate_Utilities: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Concrete, Insulated, Interior Entry
  • Basement YN: Yes

Exterior Features

  • Driveway: Paved
  • Roof: Shingle - Architectural
  • Construction Type: Wood Frame
  • Foundation Details: Concrete

Garage/Parking

  • Attached Garage: No

Utilities

  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Heating: Propane, Direct Vent, Individual, Mini Split
  • Cooling: Mini Split
  • Utilities: Cable, Gas - LP/Bottle, Underground Utilities
  • Water Source: Public

Schools

  • Elementary School: Morristown Elementary School
  • High School: Peoples Academy
  • Middle Or Junior School: Peoples Academy Middle Level

Lot Info

  • Surveyed: Yes
  • Zoning: Com
  • Lot Size Acres: 0.59
  • Lot Size Sq Ft: 25700.0

Multi Family

  • Gross Income: 189600.0
  • Number Of Units Total: 9

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 17238.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

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
2024 $17,240 $838,100 $154,500 $683,600
2023 -- $838,100 $154,500 $683,600
2022 $0 $553,300 $275,000 $278,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 For Sale $1,999,000 -- $305 / Sq Ft
Source: PrimeMLS

Purchase History

Date Type Sale Price Title Company
Deed -- --
Source: Public Records

Source: PrimeMLS

MLS Number: 5044087

PrimeMLS

APN: 414-129-13405

Vermont Lamoille County Morrisville 05661

661 Laporte Rd, Morrisville, VT

This home is located at 661 Laporte Rd, Morrisville, VT 05661 and is currently priced at $1,999,000, approximately $304 per square foot. This property was built in 2022. 661 Laporte Rd is a home located in Lamoille County with nearby schools including Morristown Elementary School, Peoples Academy, and All Saints Catholic Academy.

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Listing Agent
Graham Mink
Section Image
Mink Realty
(802) 644-3305