Renovated and highly versatile property within the village of St. Johnsbury with strong income potential and future upside. Major improvements have already been completed, including a new basement, updated electrical, plumbing, blown-in insulation, all new Energy Star windows throughout the home, a new roof, and 4 electric meters for expanded flexibility. The finished first floor offers 3 bedrooms and 1 full bath with shared access to the kitchen, bathroom, dining room, and living room. This layout has previously supported both long-term rentals and short-term furnished housing for traveling professionals, with bedrooms rented individually for $1,200 per month. The property offers excellent flexibility with interior access to the second and third floors, a private entrance to the second floor, and both interior and walk-out access to the basement. Once completed, the current 2-unit configuration offers the potential for approximately 2,272 finished square feet. Additional attic and basement areas bring the gross building area to over 4,600 square feet, providing substantial space for storage, utility, workshop use, or possible future expansion, subject to permitting and approvals. Conveniently located near downtown amenities, shopping, schools, major routes, and regional employers including nearby hospitals, this property is well suited for furnished rentals, long-term housing, or owner-occupancy. St. Johnsbury is a high school choice community, including access to the prestigious St. Johnsbury Academy.
Operating Expenses : Utilities,Water/Sewer
Annual Expenses
Taxes: $4,748
Income
Gross Income | $24,267
NetIncome | $19,542
Appliances : On Demand Water Heater
Construction: Aluminum | Wood Frame | Aluminum Siding | Wood Siding
Year Built: 1900
Style: Farmhouse | Multi-Family | Multi-Level
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 4509
Above Grade Sq.Ft.: 1171
Basement: Concrete | Concrete Floor | Insulated | Interior Stairs | Walkout | Interior Access | Exterior Access
Roof: Asphalt Shingle
Seasonal: No
Heating: Electric | Radiant Floor
Cooling: None
Electric: 150 Amp Service
Utilities: Other
Electric Meters: 4
Gas_Meters: 1
Water: Public
Sewer: Public
Land Information
Level | In Town | Near Paths | Near Shopping | Near Skiing | Near Snowmobile Trails | Near Hospital | Near School(s)
Lot size: 0.2 acres
Zoned: RESD 1)
Surveyed: Unk
Flood Zone: No
Road Frontage: 55
Driveway: Dirt | Gravel