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Listed by Robert Foley • Flat Fee Real Estate
$499,000
Est. payment /mo
6 Beds
4 Baths
3,069 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,069 sqft
Price per Sqft $162
MLS Listing ID 5116039
Bedrooms 6
Full Baths 4
Construction Status Existing
Year Built 1880
Annual Tax Amount $7,493
Tax Year 2026
Lot Size 10,890 Sqft
Acres 0.25
Property Description
Excellent owner-occupant opportunity! Live in one spacious 3-bedroom, 2-bath unit while generating immediate rental income from the other. One unit is currently rented at $2,300 per month, while the second unit is available for an owner to occupy at closing. This well-maintained duplex offers an attractive alternative to purchasing a single-family home, allowing rental income from the second unit to help offset the cost of homeownership. Also well suited for an investor seeking a two-unit property with strong rental potential. Located at 177 Summer Street in Morrisville, this property combines comfortable living spaces with the flexibility and financial advantages of a multifamily home. The available unit features a generous three-bedroom layout with two full baths and plenty of room for everyday living. A spacious kitchen provides ample cabinetry, counter space, and room to gather, while the adjoining living and dining areas offer an open, comfortable setting for entertaining or relaxing at home. Updated flooring and finishes add to the move-in-ready feel. The well-proportioned bedrooms provide excellent flexibility for family, guests, or a home office, including a spacious primary bedroom. Outdoor living is enhanced by a covered side deck overlooking the sizable backyard, offering room for recreation, gardening, pets, or simply enjoying the outdoors. An attached garage provides convenient covered parking along with additional storage. With one unit already producing $2,300 per month in rental income and the second ready for occupancy, this is a compelling opportunity for buyers looking to reduce their monthly housing expense through rental income while building equity in a multifamily property. Investors will also appreciate the established tenancy and potential for long-term rental income. Owner-Occupant Opportunity – Live in One, Rent the Other.
Location
State VT
County Vt-lamoille
Area Vt-Lamoille
Zoning Residential
Rooms
Basement Entrance Interior
Basement Unfinished
Interior
Cooling None
Exterior
Garage Spaces 2.0
Utilities Available Cable
Roof Type Metal
Building
Story 2
Sewer Public
Architectural Style Duplex
Construction Status Existing
Schools
Elementary Schools Morristown Elementary School
Middle Schools Peoples Academy Middle Level
High Schools Peoples Academy
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Nearby Locations
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