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Listed price in listed location currency (USD).
$225,000

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MLS® 5074146

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 4592 sqft
Garage No
Taxes 
Days Active 1
Lot Size 0.2 acres
Approx. Age 1890
Avg. Price Per Sqft $48
MLS® Number 5074146

Property Address: 277 Summer St, St. Johnsbury, VT, 05819-2189

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number5074146
Laundry Level
Central VacNo
FireplaceNo
Acreage0.2
Exterior
GarageNo
Approx. Age1890
BasementConcrete Floor, Dirt Floor, Unfinished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 16, 2026List Date
$225,000List Price
  • Commute

Commute

Starting Address
Destination Address
277 Summer St, St. Johnsbury, VT

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