Property Details
Basic Information
- Property Style: Apartment Building, Multi-Family
- MLS Number: 5115565
- Mls Status: Active
- List Price: $1,125,000
- Lot Description: Level, Mountain View, Sidewalks, Street Lights, Trail/Near Trail, View, Walking Trails, In Town, Near Country Club, Near Golf Course, Near Paths, Near Shopping, Near Skiing, Near Snowmobile Trails, Near Hospital, Near School(s)
- Date Listed: 10/23/2026
- Units: 6
- Description: The Governor's Mansion. Capitalize on this rare opportunity! This is an exceptional investment opportunity featuring 19 potential residential apartments and one office space. The Governor's Mansion is a well maintained three story property in the heart of downtown Morrisville, Vermont. Currently generating income from the coin-op laundry, four residential apartments with an owner occupied residence that incorporates dedicated office space. The property has DRB approval for construction of 14 additional residential apartments, creating the opportunity to expand to 19 residential apartments while retaining the existing office space. This property offers a unique opportunity for investors, developers, or an owner occupant to live and work in downtown Morrisville while benefiting from rental income and future development potential. Its central downtown location, within walking distance of village amenities, schools, golf course and hospital, offers convenient access to everyday services and supports the property's long term investment potential. Position your next investment for growth. With existing income, DRB approved expansion potential and a desirable downtown location, the Governor's Mansion offers investors the opportunity to increase rental revenue and build long term value. Property is Broker Owned
Building
- Acreage: 0.4
- Square Feet: 5,608
- Year Built: 1878
- Zoning: Central Business
- Roof: Other, Shingle
- Building Construction: Other, Vinyl Siding
- Foundation: Concrete, Stone
Location
- County: Lamoille
- Town: Morristown
Finance
- Taxes: $12,697
Interior Features
Basement
- Basement: Basement Stairs, Concrete Floor, Crawl Space, Dirt, Exterior Access, Exterior Stairs, Interior Access, Interior Stairs, Other, Storage Space, Unfinished
Utilities and Appliances
Utilities and Appliances
- Utilities: Cable at Site
Community
Amenities
- Other Amenities: Basement
Other Details
Water
- Water: Public