- beds
- —
- baths
- —
- sq ft
- 6,564
- Built
- 2022
661 Laporte Road
Morristown, VT 05661
Residential Income · Active · MLS #5044087
Listing Courtesy of Mink Realty | Graham Mink
The home
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.
Property information
Details at a glance
Building3 property facts
- Style
- Multi Family
- Year built
- 2022
- Roof
- Shingle
Land & utilities3 property facts
- Lot size
- 0.59 acres
- Water
- Public
- Sewer
- Public Sewer
Financial2 property facts
- Annual taxes
- $17,238
- Assessment year
- 2024
Plan your purchase
Estimated monthly cost
Explore costs at the $1,999,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$11,545 / monthAdjust
- Principal & interest
- $10,108
- Property tax
- $1,437
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $17,238. 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.
Listing history
Price and status timeline
No additional listing history is available for public display.
Compare with confidence
Price & market context
See how this home compares with active listings in Morristown.
| Metric | This home | Local listings |
|---|---|---|
| List price | $1,999,000 | $647,000209% above local |
| Price / sq ft | $305 | $20549% above local |
| Days on market | 218 | 16731% above local |
Active city listing statistics from PrimeMLS as of September 12, 2026. Asking prices are not completed-sale values.
Keep exploring
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Common questions
About 661 Laporte Road
Can I request a private showing?
Request a tour of 661 Laporte Road 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.
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