126 Pearl Street St. Johnsbury VT Multi Family For Sale $299000

List Price: $299,000 | $111 per sq.ft. Multi Family
Price Change! Reduced by $10,000 down 3% on April 5th 2025
A 3 Unit Multi Family Home
With 2 One Bedroom Units , 1 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Monday Mar 17, 2025 | MLS# 5032497

Screen porch

1st unit kitchen

1st unit bedroom

1st unit full bath

2nd unit living room

2nd unit bathroom

3rd unit hallway

3rd unit kitchen

3rd unit living room

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Address: 126 Pearl Street St. Johnsbury VT
Listed by Erika Pierce Parkway Realty
Description:
Discover the perfect blend of historic charm and modern convenience in this beautifully updated Victorian multi-family property. Featuring three units, this well-maintained investment offers incredible versatility. The first-floor unit will be vacant at the end of March, making it ideal for an owner-occupant looking to offset their mortgage with rental income from the upper units--or for an investor ready to fill the space with a new tenant. Recent updates ensure a truly turnkey experience, including a full re-wire, added insulation, and a brand-new third unit completed in summer 2024. The second-floor unit has also been fully renovated, boasting fresh paint, upgraded electrical, and mostly new plumbing. Set on a large, level lot, this property features a detached two-car garage and a privacy fence on three sides, offering both outdoor space and seclusion--rare finds in this area! Conveniently located within walking distance to downtown, St. Johnsbury Academy, St. Johnsbury Schools, and Main Street. Just minutes from I-91 and I-93 for easy commuting. Whether you're seeking an investment property or a primary residence with built-in rental income, this multi-family property is ready to go! Operating Expenses : Heat,Insurance,Snow Removal,Water/Sewer

Annual Expenses

Taxes: $4,019

Income
Gross Income | $40,200
NetIncome | $27,541

UNIT 1 INFORMATION

Beds: 1
Baths: 1
Rooms: 0
Tenant Pays : Electric,Internet Service
Rent : 950.00 Monthly
Signed Lease : No

UNIT 2 INFORMATION

Beds: 2
Baths: 1
Rooms: 0
Tenant Pays : Electric,Internet Service
Rent : 1300.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes

UNIT 3 INFORMATION

Beds: 1
Baths: 1
Tenant Pays : Electric,Internet Service
Rent : 1100.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes

Construction: Wood Siding
Year Built: 1905
Style: Victorian
Floors | Stories: 2.5
No. Elevators:
Total Sq.Ft. Finished: 4134
Above Grade Sq.Ft.: 2687
Basement: Full | Unfinished
Foundation: Brick | Concrete

Exterior Color: Blue
Roof: Shingle - Asphalt
Seasonal: No

Land Information
Level | Sidewalks | In Town | Near Shopping
Lot size: 0.2 acres
Zoned: Res)
Surveyed: Unk
Flood Zone: No
Road Frontage: 99
Driveway: Gravel

Additional Information
Taxes $4,019
Assesed Value Not Reported

Schools
School District: St. Johnsbury School District
Elementary School: St. Johnsbury Schools
Middle School: St. Johnsbury Schools
High School: Choice

5 Old Nugget Alley, Hanover, NH 03755 603-643-3942

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