Skip to content
Bean Group
Offered at $499,000Active
beds
6
baths
4
sq ft
3,069
Built
1880

177 Summer Street

Morristown, VT 05661

About this home

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.

Listing last checked: Listing updated:

Listed by Robert Foley · Flat Fee Real Estate · MLS #5116039

Request property information

Select a document to start a request. You can add others in the form. Availability varies.

Details at a glance

Interior3 property facts
Heating
Baseboard, Hot Water, Propane
Cooling
None
Basement
Yes · Unfinished
Building5 property facts
Style
Multi Family
Year built
1880
Garage
2
Parking
2
Roof
Metal
Land & utilities5 property facts
Lot size
0.25 acres
Water
Public
Sewer
Public Sewer
Pool
Not reported
Zoning
Residential
Financial2 property facts
Annual taxes
$7,493
Assessment year
2026

Location

Explore the area

Get to know the neighborhood and explore local school information as you picture life here.

Estimated monthly cost

Explore costs at the $499,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$3,148 / monthAdjust
Principal & interest
$2,523
Property tax
$624
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $7,493. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

More property insights

Photo-based condition insights

Overall presentation: average

Explore more of Morristown

Continue your search in Morristown.

Need help making sense of this home?

About 177 Summer Street

Can I request a private showing?

Request a tour of 177 Summer Street and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.