Price Change! reduced by $50,000 on April 10th 2025 $249,000 | $54 per sq.ft. | MLS# 5028177
A
6
Unit Multi Family Home, 277 Summer Street St. Johnsbury VT
With 4 - One Bedroom Units | 1 - Two Bedroom Units | 1 - Three Bedroom Units
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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.
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Annual Expenses
Taxes: $4,783 |
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Income
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FEATURES AND DETAILS
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CONSTRUCTION: Wood Frame | Price Per SQ.FT. 54.22 | Year Built: 1890 |
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LAND DESCRIPTION:
LOT DESCRIPTION: City Lot | Level |
Livable Space: 4592 Above Grade Sq.Ft.: 4592 Below Grade Sq.Ft.: 0 Foundation: Stone Heating: Oil | Baseboard Cooling: None Electric: Circuit Breaker(s) Style: Victorian Roof: Membrane | Shingle | Slate Water: Public Sewer: Public
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Lot size: 0.2 acres Zoned: RES B Surveyed: Unk Flood Zone: No Seasonal: No Road Frontage: 185 Driveway: Common/Shared |
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ADDITIONAL INFORMATION
Taxes $4,783 | Assesed Value $0 in |
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SCHOOLS
Elementary School: St. Johnsbury Schools Middle School: St. Johnsbury Schools High School: Choice |
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15 Buck Rd. Hanover, NH 03755 603-643-3942
Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College
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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 April 11th, 2025
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VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
https://www.sec.state.vt.us/media/711742/Mandatory-Consumer-Disclosure-for-a-Non-Designated-Agency-Brokerage-Firm-9-24-2015.pd
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM
http://www.nh.gov/nhrec/Brokerage%20Relationship%20Disclosure%20Form%207-19-11.pdf
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