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Ashley Gile

ashley@ashleygile.com +1(603) 851-7452

Listed By Robert Foley Flat Fee Real Estate

$ 499,000

Est. payment -/mo

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177 Summer ST Morristown, VT 05661

6 Beds

4 Baths

3,069 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,069 sqft

Price per Sqft $162

MLS Listing ID 5116039

Style Duplex

Bedrooms 6

Full Baths 4

Construction Status Existing

Year Built 1880

Annual Tax Amount $7,493

Tax Year 2026

Lot Size 10,890 Sqft

Acres 0.25

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.

Location

State VT

County Vt-lamoille

Area Vt-Lamoille

Zoning Residential

Rooms

Basement Unfinished

Interior

Heating Propane, Baseboard, Hot Water

Cooling None

Exterior

Parking Features Yes

Garage Spaces 2.0

Utilities Available Cable

Roof Type Metal

Building

Lot Description Neighborhood

Story 2

Sewer Public

Water Public

Architectural Style Duplex

Construction Status Existing

Schools

Elementary Schools Morristown Elementary School

Middle Schools Peoples Academy Middle Level

High Schools Peoples Academy

Ashley Gile

Agent

+1(603) 851-7452

Ashley Gile

177 Summer ST Morristown, VT 05661

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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177 Summer ST