Residential Income at 139 Park Street, Morristown
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$749,000

Under contract
139 Park Street
Morristown, VT 05661
Listed by Graham Mink · Mink Realty
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1880

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

MLS
Prime MLS
MLS #
5074836
Property type
Residential Income
Subdivision
N/A
Status
Under contract
Days on market
175
On market date
N/A
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.5 acres
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Market position

How this listing compares to current activity in Morristown, from live MLS data.

On the market 175 days -- 41 more days than Morristown's current average of 134 days.
For reference, the median list price across 72 active listings in Morristown right now is $384,250.

Mortgage calculator

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Est. monthly payment
$4,661/mo
$149,800 down
$599,200 loan
Principal & interest$3,886
Property tax (est.)$624
Home insurance (est.)$150

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Copyright 2026 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 07/18/26.