List Price: $299,000 | $65 per sq.ft. Multi Family A 6 Unit Multi Family Home
With 4 One Bedroom Units , 1 - Two Bedroom Units ,1 - Three Bedroom Units
Date Listed Thursday Jan 30, 2025 | MLS# 5028177
With 4 One Bedroom Units , 1 - Two Bedroom Units ,1 - Three Bedroom Units
Date Listed Thursday Jan 30, 2025 | MLS# 5028177
To see this Listing
Address: 277 Summer Street St. Johnsbury VT
Listed by Timothy Scott Tim Scott Real Estate
Description:
Here's a beautiful Second Empire Victorian waiting for someone with a passion for restoration and a love of historic architecture. With its signature mansard roof, elegant woodwork, built-ins, and tall ceilings, this building holds the character and charm of its era while offering the potential for modern living. Most recently a four-unit property, it has been thoughtfully reimagined into a six-unit apartment building, with permits already in place. The layout includes a three-bedroom unit, a two-bedroom unit, and four one-bedroom units--an ideal opportunity to bring much-needed housing to the area. Major structural work has been completed, including extensive repairs to the NW side, where foundation and framing issues were remedied from the ground up using dimensional lumber to match the original. The interior has been gutted, allowing for a fresh start while preserving period details. A high-efficiency, two-boiler propane system, designed by F.W. Webb, has been roughed in at a cost of approximately $30K, offering a tandem setup where each unit works together or stands alone if needed. The plan was to include heat and hot water in the rent. Electrical infrastructure is in place for seven meters--one per unit plus a common meter for shared areas and the boiler room. Located on 'The Hill,' this property is just moments from schools, shops, restaurants, and all the conveniences of town.
Annual Expenses
Taxes: $4,783
Taxes: $4,783
Income
Construction: Wood Frame
Year Built: 1890
Style: Victorian
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 6176
Above Grade Sq.Ft.: 4592
Basement: Full | Unfinished
Foundation: Stone
Year Built: 1890
Style: Victorian
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 6176
Above Grade Sq.Ft.: 4592
Basement: Full | Unfinished
Foundation: Stone
Roof: Membrane | Shingle | Slate
Seasonal: No
Seasonal: No
Heating: Oil | Baseboard
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable - Available | Telephone Available
Electric Meters:
Water: Public
Sewer: Public
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable - Available | Telephone Available
Electric Meters:
Water: Public
Sewer: Public
Land Information
City Lot | Level
Lot size: 0.2 acres
Zoned: RES B)
Surveyed: Unk
Flood Zone: No
Road Frontage: 185
Driveway: Common/Shared
City Lot | Level
Lot size: 0.2 acres
Zoned: RES B)
Surveyed: Unk
Flood Zone: No
Road Frontage: 185
Driveway: Common/Shared
Additional Information
Taxes $4,783
Assesed Value Not Reported
Taxes $4,783
Assesed Value Not Reported
Schools
Elementary School: St. Johnsbury Schools
Middle School: St. Johnsbury Schools
High School: Choice
Elementary School: St. Johnsbury Schools
Middle School: St. Johnsbury Schools
High School: Choice
