# 5 Park Street, Morristown, VT 05661 > **TL;DR:** residential multi family, $1,125,000 ($201/sqft), built 1878, 5,608 sqft. > 3-car garage. Est. $6,017/mo. Listed 11 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,125,000 | | Price/sqft | $201 | | Square Feet | 5,608 | | Year Built | 1878 | | Lot Size | 17,424 sqft (0.40 acres) | | Stories | 3 | | Garage | 3-car | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 11 | ## Why This Home Stands Out - **Large Garage** - 3-car garage ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $5,689 | | Estimated Insurance | $328 | | **Total** | **$6,017** | ## Key Amenities - 3-car garage ## Property Highlights - Built in 1878 - 0.40 acre lot - 3 stories ## Description ### Agent Description 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 coin-op laundry, 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 ## Location - **Address:** 5 Park Street, Morristown, VT 05661 - **County:** VT-Lamoille - **Coordinates:** 44.56206793, -72.59617508 - **Google Maps:** https://www.google.com/maps?q=44.56206793,-72.59617508 ## Listing Agent - **Name:** Trombley & Day Group - **Brokerage:** Berkshire Hathaway HomeServices Vermont Realty Group - **Broker Phone:** (802) 658-5555 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/5-Park-St_Morristown_VT_05661_M99021-53300?f=listhub&s=NNERENNH&m=5115565&c=propsimple) ## Photos ![5 Park Street - Photo 1](http://lh.rdcpix.com/e183b202f4ce15346c78ce1e8f397f76l-f1352949264r.jpg) ![5 Park Street - Photo 2](http://lh.rdcpix.com/e183b202f4ce15346c78ce1e8f397f76l-f2033967370r.jpg) ![5 Park Street - Photo 3](http://lh.rdcpix.com/e183b202f4ce15346c78ce1e8f397f76l-f44017728r.jpg) ![5 Park Street - Photo 4](http://lh.rdcpix.com/e183b202f4ce15346c78ce1e8f397f76l-f460765816r.jpg) ![5 Park Street - Photo 5](http://lh.rdcpix.com/e183b202f4ce15346c78ce1e8f397f76l-f1962391164r.jpg) ![5 Park Street - Photo 6](http://lh.rdcpix.com/e183b202f4ce15346c78ce1e8f397f76l-f503266483r.jpg) ![5 Park Street - Photo 7](http://lh.rdcpix.com/e183b202f4ce15346c78ce1e8f397f76l-f2934996983r.jpg) ![5 Park Street - Photo 8](http://lh.rdcpix.com/e183b202f4ce15346c78ce1e8f397f76l-f1012155762r.jpg) --- **MLS#:** 5115565 | **Updated:** 2026-10-30 **Source:** listhub *Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/5-park-street-morristown-vt-05661-784c081672bb4afc833495004ec49f3a) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/5-park-street-morristown-vt-05661-784c081672bb4afc833495004ec49f3a#listing", "url": "https://staging.propertysimple.ai/listing/5-park-street-morristown-vt-05661-784c081672bb4afc833495004ec49f3a", "name": "5 Park Street, Morristown, VT 05661", "description": "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 coin-op laundry, 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. 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