About This Home

This 6-bedroom, 4-bathroom residential multi family at 177 Summer Street in Morristown, VT is listed for $499,000 ($163 per sqft). Built in 1880, the home offers 3,069 sqft of living space on a 0.25 acres lot.

Key Features

  • Built in 1880
  • 0.25 acre lot
  • 2 stories

Property Details

2 stories
4 full
2-car garage
1880
Listing 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.

Monthly Cost Estimate

$2,669/mo

20% down · 6.5% · 30 years

Principal$361
Interest$2,162
Insurance$146

Estimates only. Actual payments may vary.

Location

177 Summer Street

Morristown, VT 05661

Property Details

Construction

Wood Frame

Heating

Hot Water(Heating)Propane (Heating)Baseboard

Questions & Answers

This 6-bedroom, 4-bathroom residential multi family at 177 Summer Street is listed at $499,000 ($163/sqft). The estimated monthly payment is $2,669 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1880, 0.25 acre lot, 2 stories.

This property is listed by Robert Foley.

RF

Robert Foley

Agent at Flat Fee LLC

Listed by Flat Fee LLC · Broker phone: (802) 318-0833 · View on Broker Site · Broker website

MLS# 5116039· Source: PrimeMLS· 1 day on PropertySimple

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.

177 Summer Street, Morristown, VT 05661

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