661 Laporte Rd

Morristown, VT 05661

$1,999,000
Price
—
Beds
—
Baths
6,564 Sq. Ft.
$305 / Sq. Ft.
6,564
Sq. Ft.
$305
per Sq. Ft.

Description

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...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.
  1. Listed by Graham Mink • Mink Realty

Property Details for 661 Laporte Road

Zoning
Com
LISTING UPDATED: 06/02/2025 01:24 PM

Property Details for 661 Laporte Road

StatusActive
MLS #5044087
Days on Market205
Taxes$17,238 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built2022
Lot Size0.59 AC / 25,700 SF
CountyLamoille County

Location

Listing Courtesy of Mink Realty
Add your commute

Building Information for 661 Laporte Road

Stories2Residences9Year Built2022Building Size-Lot Size0.59 AC / 25,700 SF

Payment Calculator

$11,314 per month

30 year fixed, 6.28% Interest

Principal and Interest

$9,878

Property Taxes

$1,437

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 661 Laporte Road

Summary
Location and General Information
  • City: Morristown
  • County: VT-Lamoille
  • Latitude: 44.557249000001001
  • Longitude: -72.609199000000004
  • Road Frontage: Yes
  • Seasonal: No
  • State: VT
  • Street Designation: Road
  • Zip Code: 05661
Taxes and HOA Information
  • SPAN Number: 41412913405
  • Tax Year: 2024
  • Taxes TBD: No
School Information
  • School - High: Peoples Academy
  • School - District: Lamoille South
  • School - Elementary: Morristown Elementary School
  • School - Middle/Jr: Peoples Academy Middle Level
Parking
  • Garage: No
  • Driveway: Paved
Property
Lot Information
  • Lot - Sqft: 25700.0
  • Lot Features: In Town
  • Lot Size Acres: 0.59
  • Road Frontage Length: 125.0
  • Square Feet Apx Finished Above Grade: 6564.0
  • Square Feet Apx Finished AG Source: Architect
  • Square Feet Apx Finished Below Grade: 0.0
  • Square Feet Apx Finished BG Source: Architect
  • Square Feet Apx Total: 7486.0
  • Square Feet Apx Total Finished: 6564.0
  • Square Feet Apx Unfinished Above Grade: 0.0
  • Square Feet Apx Unfinished AG Source: Architect
  • Square Feet Apx Unfinished Below Grade: 922.0
  • Square Feet Apx Unfinished BG Source: Architect
Property and Assessments
  • Current Use: No
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: No
  • Foundation: Concrete
  • PreConstruction: No
  • Surveyed: Yes
  • Year Built: 2022
Utilities
  • Electric: 100 Amp
  • Sewer: Public
  • Water Source: Public
  • Utilities: Cable, Gas - LP/Bottle, Underground Utilities
  • Separate Utilities: Yes
  • Internet: High Speed Intrnt -AtSite
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame
  • Roof: Shingle - Architectural
Interior Features
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete, Insulated, Interior Access
  • Heating: Propane, Direct Vent, Individual, Mini Split
  • Cooling: Mini Split
  • Total Stories: 2
Multi Family
Income & Expenses Information
  • Gross Income: $189,600.00
Multi-Family Information
  • Total Units: 9
  • Total 1 BR Units: 4
  • Total 2 BR Units: 5
  • Total 3+ BR Units: 0

Property History for 661 Laporte Road

DateEvent & SourcePriceAppreciation
Jun 2, 2025

Listed (Active)

New England Real Estate Network #5044087

$1,999,000—
Mar 2, 2019

Expired

New England Real Estate Network #4680677

—
Mar 13, 2018

Listed (Active)

New England Real Estate Network #4680677

$249,000—
DateEvent & SourcePrice
06/02/2025

Listed (Active)

New England Real Estate Network #5044087

$1,999,000
03/02/2019

Expired

New England Real Estate Network #4680677

—
03/13/2018

Listed (Active)

New England Real Estate Network #4680677

$249,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 661 Laporte Road

Taxable ValueLand$154,500Additions$683,600Total$838,100
Tax Record2024$17,240 ($1,437 / month)
Home Facts
Total Finished SqFt6,496 SqFtAbove Grade Finished SqFt6,496 SqFtStories2Lot Size25,700 SqFtStyleOffice BuildingCountyLAMOILLEAPN(129) 0700702

Schools near 661 Laporte Road

This home is within Lamoille South Unified Union School District #90.
Rating
School
Type
Grades
Distance
Morristown Elementary School
Public - PK to 4
Peoples Academy Middle School
Public - 5 to 8
Peoples Academy
Public - 9 to 12
Lamoille Valley Learning Together
Private - 9 to 12
Rating
School
Distance
Morristown Elementary School
PublicPK to 4

Peoples Academy Middle School
Public5 to 8

Peoples Academy
Public9 to 12

Lamoille Valley Learning Together
Private9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 661 Laporte Road, Morristown, VT 05661

661 Laporte Road is a multi-family home for sale in Morristown, VT 05661. This property was listed for sale on June 2, 2025 by Mink Realty, it's currently listed at $1,999,000. This listing's school district is Lamoille South Unified Union School District #90. Nearby schools include Morristown Elementary School, Peoples Academy Middle School and Peoples Academy. 661 Laporte Road is a 0-bed, 0-bath, 6,564 sqft multi-family home built in 2022.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Mink Realty

Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/24/2025 03:11 PM