277 Summer St, Saint Johnsbury, VT 05819
- 9 Bedroom/-Bath
- 4592 Sq Ft.
- 8715 Sq ft Lot
- Circa 1890
- $225,000
Stately Victorian Ready to be Single Family Again
This stately Victorian offers a compelling opportunity for investors or developers looking to complete and capitalize on a thoughtfully reconfigured multi-family project. Rich with original craftsmanship, the home still showcases the hallmarks of its era: tall ceilings, detailed woodwork, built-ins, and an overall sense of scale and presence that newer construction rarely replicates. A wraparound front porch further enhances its architectural appeal and curb presence. Formerly configured as four units, the property has since been approved and partially converted into a six-unit apartment building. The proposed layout includes a three-bedroom unit, a two-bedroom unit, and four one-bedroom units, creating a balanced mix well suited to the local rental market. Once completed, the projected gross monthly income is estimated between $7, 500 and $8, 000, making this an attractive option for those seeking long-term passive income.
Significant structural improvements have already been completed, and the interior has been taken back to the studs, providing a clean slate for the next phase of work. Updated mechanicals are underway, including a high-efficiency propane heating and hot water system designed to serve the building efficiently. Electrical infrastructure is in place to support individual metering for each unit, along with a common meter. Situated on a corner lot, the property benefits from more parking than typically expected for a building of this vintage. With the heavy lifting already done, what remains is finishing the mechanicals, closing the building back up, and bringing the units online. For the right buyer, this is a rare chance to complete a classic Victorian conversion and turn it into a strong-performing income property.
Experience the Past
Rich with original craftsmanship, the home still showcases the hallmarks of its era: tall ceilings, detailed woodwork, built-ins, and an overall sense of scale and presence that newer construction rarely replicates.
FOR MORE INFORMATION AND PHOTOGRAPHS, CLICK THE LINK BELOW
277 Summer St, Saint Johnsbury, VT 05819
Click the link or the photo to view the listing for more details or additional photographs. Contact information is provided to inquire with an agent for a showing or questions.
277 Summer St, Saint Johnsbury, VT 05819
Presented By: Adam Cross- Flex Realty
For more information or to schedule a showing, contact your real estate professional. All information provided is deemed public record. We recommend independent verification of details listed herein. Although OHA are Licensed Realtors®, we are not under a Brokerage in the state of this listing and do not represent this home.
This site is for informational purposes, and not held responsible or liable for its use or accuracy.
Find more homes FOR SALE
Leave a Reply