177 Summer St, Morristown, VT 05661

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Listing courtesy of Robert Foley from Flat Fee Real Estate. ()

List Price
$499,000
Status
ACTIVE
MLS#
5116039
Living Area
3,069
Lot Size
10,890
Acres
0.25
Year Built
1880

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.

Additional Information

Taxes
$7,493
Listing Agent
Robert Foley
Listing Office
Flat Fee Real Estate
Style
Duplex
Elementary School
Morristown Elementary School
Middle School
Peoples Academy Middle Level
High School
Peoples Academy
Electric
Circuit Breakers
Utilities
Cable Available
Basement
Unfinished
Foundation
Concrete
Sewer
Public Sewer
Roof
Metal
Zoning
Residential
Water
Public

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