Looking to grow your investment portfolio? This well-maintained property already has two reliable tenants in place, each paying their own utilities. Your only responsibilities would be quarterly water/sewer, insurance, taxes, and—if applicable—your mortgage. Situated within walking distance to shops, gas stations, coffee spots, and downtown St. Johnsbury, this location makes it an easy choice for renters. Originally built as a single-family home, the property offers flexibility for the future. With leases secured through Summer 2026, you’ll enjoy steady income now with the option to convert back to a single-family residence later if desired. Don’t miss your chance to add a cash-flowing property to your portfolio! March 2026 update: The roof is older but has no known issues and recently was inspected without concern other than noting it is an older roof. To assist buyers navigating current insurance underwriting trends, seller is proactively offering a $10,000 credit or escrow option toward a future roof replacement.
Total rehab is needed on this 2 unit St Johnsbury property but the price is right and renovation funding is available through The Vermont Housing Improvement Program (VHIP). This funding is to renovate vacant, code-deficient, or underutilized rental housing. It offers 5- or 10-year forgivable loans, typically up to $50,000 per unit, to bring units up to code and increase affordable housing. Property is lender-owned, is being sold “as-is”, and seller makes no representations or warranties.
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