Fantastic investment opportunity in an accessible Morrisville neighborhood! This well-maintained 3-unit apartment building offers steady income potential. The 3-story building offers a 1-BR unit on the 3rd floor and two 2-BR units on the 1st & 2nd floors. Each apartment has a blend of pine floors and carpeting. Some newer windows can be found throughout, as well as foam insulation and newer boiler. The laundry room is an added bonus for tenants, as well as the convenient location, which is ideally situated in a highly walkable area, close to schools, dining, shopping, and so much more. This property has been in the current owner's family for years and has a strong, proven rental history. In a central village neighborhood and with established tenancy, this property is a solid addition to anyone's portfolio.

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Tax Information

Tax Year2025

Building

Year Built1890
Building ConstructionWood Frame
StyleMulti-Family
Units3
Unit 3 Bath1
Unit 3 Bedrooms1
# of 1 Bedrooms1
# of 2 Bedrooms2
Bathroom1
Total Baths1
BasementUnfinished
FoundationStone

Amenities

PricePerSqFt128.01

Other

Taxes$6,913
Seasonal Y/NNo
Date Listed07/24/2026
Unit 1 Deposit$1,800
Unit 2 Rent Amount$1,500
Unit 3 Rent Amount$1,150

Basic Information

Virtual TourView Tour
StatusACT
List Price$399,000
Date Price Change07/24/2026
MLS Number5101586
MLS StatusActive

Property

Acreage0.1
GarageYes
Parking Spaces2
Lot Description
- In Town
- Near Golf Course
- Near Hospital
- Near School(s)
- Near Shopping
- Neighborhood
Square Feet3,117
APX Fin AG Sqft3,117
RoadsPaved, Public
AreaVT-Lamoille

Location

TownMorristown
StateVT
Zip05661
CountyLamoille
ZoningResidential
Elementary SchoolMorristown Elementary School
Junior HighPeoples Academy Middle Level
High SchoolPeoples Academy
Address46 Court Street
Flood Zone Y/NNo

Exterior

RoofShingle

Utilities

Heat SystemOil, Baseboard
WaterPublic
Electric100 Amp Service, Circuit Breaker(s)
SewerPublic
UtilitiesCable, Other

Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated July 25, 2026 6:53 AM UTC

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46 Court StreetMorristown, VT 05661MLS Number 5101586

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