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5 Park Street, 
Morristown, VT 05661

$1,125,000


—

Bed


—

Bath


5,608

Sq Ft


Multi-Family

Active

Listed by

Denise Trombley

Bhhs Vermont Realty Group/Morrisville-Stowe

802-888-0021

Last updated:

October 24, 2026, 12:10 PM

MLS#

5115565

Source:

PrimeMLS

About This Home

5 Park Street

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 three car garage, 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

Home Facts

Multi-Family

Built in 1878

Price Summary

1,125,000

$200 per Sq. Ft.

MLS #:

5115565

Last Updated:

October 24, 2026, 12:10 PM

Added:

1 day(s) ago


Rooms & Interior

Interior

Living Area:

5,608 Sq. Ft.


Structure

Structure

Building Area:

7,452 Sq. Ft.

Year Built:

1878


Lot

Lot Size (Sq. Ft):

17,424


Finances & Disclosures

Finances

Price:

$1,125,000

Price per Sq. Ft:

$200 per Sq. Ft.

MLS Logo
Copyright 2026 Prime MLS, 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 Prime MLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated October 24, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.