For Sale by Owner – St. Johnsbury, Vermont
$283,000 | $3,600/Month Rental Income | Multi-Family Investment Property | Prime "On the Hill" Location
Located in one of St. Johnsbury’s most desirable neighborhoods, this spacious and historically rich 3-story, 4,445 sq.ft. multi-family home offers a rare investment opportunity just steps from downtown amenities. Situated "on the hill," the property is within walking distance of the Fairbanks Museum, St. Johnsbury Athenaeum, local shops, restaurants, the Post Office, and both St. Johnsbury Academy and Middle School—making it an ideal location for families and tenants alike.
Built in the early 1900s as a true tenement, the home features three identical rental units, each with:
3 bright and roomy bedrooms
1 full bathroom
Large kitchen, dining, and living spaces
Separate heating and electrical systems (utilities paid by tenants)
Each unit is filled with natural light and retains original character. The building includes a one-car garage and offers $3,600/month in current rental income, making it a strong candidate for both investors and owner-occupants.
Please note: The property does need some work and updates, providing the perfect opportunity for a buyer with vision to build equity while adding value. With solid bones and a sought-after location, this is a chance to create something truly special.
Live affordably while giving your children access to one of the top-rated high schools in the country, or capitalize on the property's income potential in a growing rental market.
Asking Price: $283,000
Contact Chris at chrishahr57@gmail.com or call 802-274-1223 for more information or to schedule a viewing.
For sale by owner
$283,000
389 Summer St, Saint Johnsbury, VT 05819
9beds
4,445sqft
Est.:
MultiFamily
Built in 1912
-- sqft lot
$-- Zestimate®
$64/sqft
$-- HOA
What's special
One-car garageOriginal characterFilled with natural light
- 78 days
- on Zillow |
- 397 |
- 24 |
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