Properties Near 385 Spring Street St. Johnsbury, VT

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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.
Location, location, location! This property is Just What The Investor Ordered! This good sized, well maintained three-unit property sited on 1.19 in-town acres, offers a location close to Main St, easy walk-to-schools, churches, parks, bowling alley, restaurant, deli, Fairbanks Museum, Athenaeum, ice skating rink, post office, and a bonus is the around-the-corner walking trail aka "The Knob". You're a skip and a jump from the Main St Veteran's parade, the pet parade, halloween parade and the festivities of the town's new year celebration: First Night! The property offers great parking, two front porches for two tenants, a balcony for the third tenant. There are two ingress/egress accesses from all 3 units, a full basement, and great side yard and back yard parking. The main floor unit will be vacant in June, the other two units have reliable tenants. The 3rd floor apt was totally remodeled in 2025 with new flooring, painting, and bathroom. It's neat, clean and bright. The main and 2nd floor apartments are in good condition and had upgrades from previous owners about five years ago. If you're looking for an easy to maintain income producing investment, or wish to occupy a unit yourself, this property could be just what you're looking for! 48 hour notice is required so make your appointment now!
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.
Here’s an opportunity to own a versatile 3-unit property in the heart of St. Johnsbury. The main building features two spacious 3-bedroom apartments, offering plenty of room for tenants. A bonus third unit, a 1-bedroom apartment situated above a two-car garage which adds even more flexibility and potential income. The location is hard to beat. Set right downtown, tenants will love being just minutes away from shops, schools, dining, and community events. Everyday conveniences are close at hand, including a laundromat only a couple of doors down. This property combines practicality with an excellent rental history potential, making it an appealing choice for investors or owner-occupants alike.
Fully occupied 3 unit with solid income history. Easy walking distance to downtown. In good shape with vinyl siding, replacement windows and a newer roof. Separate utilities for each unit. Beautiful original woodwork, floors and details. Large yard, plenty of parking and garage.
Home to the same family for 45+ years, this home has two (2) bedroom units. The first floor "owners" unit has an a very nice kitchen with lots of Oak cabinets and counter space, an updated full bath and a double living room, 2 bedrooms, hardwood floors, mudroom type entrance. The 2nd floor unit is basically a copy of the downstairs. Each unit pays it's own utilities. Great yard space, 2+ car garage, vinyl siding, vinyl clad windows for easier maintenance. A good, solid home and with the income from the 2nd floor unit, an affordable home. Potential to be used as a single family home. Owners offering a $13,000.00 credit at closing--check with your Realtor for details 2 finished rooms on the 3rd, great for storage, office space

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