Properties Near 60 James Street St. Johnsbury, VT

Restore Properties
If you have ever thought about testing your property management skills this property could be the answer. With only two residential units and a simple retail space, it would be easy to keep things straight forward. Come see for yourself.
This charming Cape-style home offers 1,743 square feet of comfortable living space on a spacious .35 acre lot. An addition was completed in 2007 with a bedroom, bathroom, kitchen and living area and offers radiant heat, and handicap accessibility. (The bedroom count remained the same as prior to the addition as one of the former bedrooms was converted to an office space). This inviting 3 bedroom, 2 full bath home blends classic New England character with functional everyday living and a flexible floor plan. The new section of the house could easily be rented out by closing off the doorway connecting the old and new parts of the house, and the older part of the house could easily be finished off into a 2 bedroom rental unit with the reinstallation of the kitchen cabinets and appliances. The plumbing remains in place in the basement just beneath the floor. Town approval would be needed prior to conversion to a 2 unit. The large private terraced yard provides access to trails, spectacular views of the town of St. Johnsbury, and abundant wildlife. With plenty of room for gardening, outdoor entertaining, recreation, or simply enjoying the Vermont seasons, you are sure to fall in love with the privacy and convenient location. Enjoy small-town living in the Northeast Kingdom. High school choice.
This stately Victorian offers a compelling opportunity for investors or developers looking to complete and capitalize on a thoughtfully reconfigured multi-family project. Rich with original craftsmanship, the home still showcases the hallmarks of its era: tall ceilings, detailed woodwork, built-ins, and an overall sense of scale and presence that newer construction rarely replicates. A wraparound front porch further enhances its architectural appeal and curb presence. Formerly configured as four units, the property has since been approved and partially converted into a six-unit apartment building. The proposed layout includes a three-bedroom unit, a two-bedroom unit, and four one-bedroom units, creating a balanced mix well suited to the local rental market. Once completed, the projected gross monthly income is estimated between $7,500 and $8,000, making this an attractive option for those seeking long-term passive income. Significant structural improvements have already been completed, and the interior has been taken back to the studs, providing a clean slate for the next phase of work. Updated mechanicals are underway, including a high-efficiency propane heating and hot water system designed to serve the building efficiently. Electrical infrastructure is in place to support individual metering for each unit, along with a common meter. Situated on a corner lot, the property benefits from more parking than typically expected for a building of this vintage. With the heavy lifting already done, what remains is finishing the mechanicals, closing the building back up, and bringing the units online. For the right buyer, this is a rare chance to complete a classic Victorian conversion and turn it into a strong-performing income property.

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