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$1,125,000
New Listing

5 Park Street
Morristown, VT 05661

For Sale|Multi Family|Active
0
Beds
0
Total Baths
5,608
SqFt
$201
/SqFt
1878
Built
County:
Lamoille
Listing courtesy of Denise Trombley of BHHS Vermont Realty Group/Morrisville-Stowe
Call Now: (978) 710-9388
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(978) 710-9388
5 Park Street
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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 three car garage, 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

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Listing Snapshot
Price 
$1,125,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,608 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.4 Acres
Year Built 
1878
MLS Number 
5115565
Status 
Active
Property Tax 
$12,697.38
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
10 hours agoListing updated with changes from the MLS
10 hours agoListing first seen on site
General Features
Acres 
0.4
Foundation 
Stone
Garage 
Yes
Garage Spaces 
3
Number Of Stories 
3
Parking 
Paved
Parking Spaces 
3
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Above 
5608
SqFt Total 
7452
Style 
Apartment BuildingMulti-Family
Utilities 
Cable Available
Water Source 
Public
Zoning 
Central Business
Interior Features
Basement 
ConcreteCrawl SpaceFinishedUnfinishedDirt FloorOtherStorage Space
Electric 
Circuit Breakers
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Exterior Features
Construction Details 
Vinyl SidingOther
Lot Features 
Level
Roof 
ShingleOther
View 
Mountain(s)
Waterview 
Mountain(s)
Listing courtesy of Denise Trombley of BHHS Vermont Realty Group/Morrisville-Stowe



Copyright 2026, PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2026-10-24 08:37 AM UTC
Neighborhood & Commute
Source: Walkscore
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