Investment Opportunity! Rentals are in high demand, and this property offers 5 units! This building offers a blend of stability and income with room for future optimization. There are two 2 Bedroom units and 3 one-bedroom units with unit two currently being renovated with new paint and carpet. There is off street dedicated parking for the tenants, and the building is in a location that is convenient to downtown and shopping. Now is the best time to invest in a building like this that will provide not only profit but help those in need of housing.
This well-maintained property offers a strong investment opportunity with three residential units and two commercial spaces, all in a convenient downtown location. The residential portion includes a ground-level one-bedroom, one-bath apartment and two spacious two-bedroom, one-bath apartments on the second floor. Each unit has its own private entrance, and tenants pay their own electric, On the main level, you’ll also find two commercial units, one currently home to a plumbing business featuring a retail/showroom area and two private offices, and the other used as a dog grooming space with an open layout and half bath. The property also includes a two-bay garage at the back, offering extra storage and a paved lot with good off-street parking. Located just steps from shops, restaurants, and other St. Johnsbury amenities, this is a prime location for both residential and commercial tenants. Sale includes real estate only, no businesses are included. Trombly Plumbing moving out end of the year
Located in the "Four Seasons Neighborhood" in St. Johnsbury, this three unit property is fully occupied, has good income, and has been well maintained. With vinyl siding, newer roof, newer windows, there is little maintenance and ready for you to take over this investment. The main floor has two bedrooms, full bath w/stackable washer/dryer included, open eat-in kitchen, living room, separate fuel oil forced hot air heat, separate electric, access to the basement and rent is $1575/mo plus utilities. The second floor unit has one bedroom, full bath, open newer kitchen, living room, electric and propane heat, separate electric panel in this unit, currently rents for 1125 which includes a per month pet fee. The back unit has two floors with kitchen, office, living room on the main floor and 3 bedrooms and full bath on the 2nd floor; heat is separate fuel oil forced hot air and separate electric panel with access to the basement, rents for $950 and could use cosmetics but tenant has been there more than 10 years. Outside there is parking in the lot, and the driveway is shared/deeded right of way to the neighbor's home in the back. There is an attached storage shed, two open porches, and a great location to walk to Main St, schools, churches, the bowling alley, I-91, Burke Mtn Bike Trails, St J School K-8 and High School Choice. Pedal to the Lamoille Valley Bike Trail for your exercise needs, plus around the corner is a local walking trail known as "The Knob". 48 hrs needed to set up appointments, come see what this property has to offer and make your investment in a local well established neighborhood.
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.
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