Closed

Listed by: Vermont Life Realtors

Bought with: Coldwell Banker Carlson Real Estate

$399,000

259 Upper Main Street, Morristown, VT 05661

--beds

--baths

3,136sqft

Multi Family

Built in 1850

-- sqft lot

$459,200 Zestimate^®

$127/sqft

$1,941 Estimated rent

Home value

$459,200

$418,000 - $505,000

$1,941/mo

Zestimate^® history

Owner options

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$1,941/mo

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$1,941/mo

Rent Zestimate^®

Refinance and save

$2,707/mo

Est. payment

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$2,707/mo

Est. payment

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What's special

Road frontage

This solid income producing property located on approximately .52 downtown acres, includes four 1 bedroom apartments, a large newly paved parking lot and road frontage on 2 streets. The property sits in the High Density Residential zoning district and is ripe to build 9 more units with appropriate permitting. Convenient location with ease of walkable neighborhood, markets, restaurants and public transportation. This is an ideal property for an owner who wants a great asset with the potential to build additional apartments.

Facts & features

Interior

Heating

Oil, Baseboard

Cooling

Wall Unit(s)

Appliances

Included: Owned Water Heater

Features

Basement: Concrete Floor,Interior Entry

Interior area

Total structure area: 3,836
Total interior livable area: 3,136 sqft
Finished area above ground: 3,136
Finished area below ground: 0

Property

Parking

Parking features: Paved

Features

Levels: Two
Frontage length: Road frontage: 230

Lot

Size: 0.52 Acres
Features: Level

Details

Parcel number: 41412912597
Zoning description: HDR

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Frame, Vinyl Exterior
Foundation: Stone
Roof: Flat,Membrane

Condition

New construction: No
Year built: 1850

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public

Community & neighborhood

Location

Region: Morrisville

Price history

Date	Event	Price
10/24/2023	Sold	$399,000$127/sqft
Source: PrimeMLS #4964941 Report a problem
8/10/2023	Listed for sale	$399,000+59.6%$127/sqft
Source: PrimeMLS #4964941 Report a problem
11/30/2017	Sold	$250,000+17.6%$80/sqft
Source: PrimeMLS #4468097 Report a problem
12/31/2007	Sold	$212,500$68/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	--	$335,500
2023	--	$335,500 +46.1%
2022	--	$229,600
2021	--	$229,600 +1%
2020	--	$227,300
2019	--	$227,300
2018	--	$227,300 +1%
2017	--	$225,100
2016	--	$225,100 +9900%
2015	--	$2,251
2014	--	$2,251