277 Summer Street, Saint Johnsbury, VT 05819
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
277 Summer Street,St. Johnsbury, VT 05819
$198,000
- 9 Beds
- - Baths
- 4,592 sq. ft.
- Multi-family
- Active
Listed by: adam crossDan@FlexRealtyVT.com
Office: flex realty802-399-2860
MLS#:5086654
Source:PrimeMLS
Price summary
- Price:$198,000
- Price per sq. ft.:$32.06
About this home
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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Home facts
- Year built:1890
- Listing ID #:5086654
- Added:57 day(s) ago
- Updated:June 28, 2026 at 04:40 PM
Rooms and interior
- Bedrooms:9
- Flooring:Wood
- Basement Description:Concrete Floor, Dirt Floor, Unfinished, Walk-up
- Living area:4,592 sq. ft.
Heating and cooling
- Heating:Baseboard, Oil
Structure and exterior
- Roof:Membrane, Shingle, Slate
- Year built:1890
- Building area:4,592 sq. ft.
- Lot area:0.2 Acres
- Levels:3 Story
Schools
- High school:Choice
- Middle school:St. Johnsbury Schools
- Elementary school:St. Johnsbury Schools
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$198,000
- Price per sq. ft.:$32.06
- Tax amount:$4,155 (2026)
Features and amenities
- Amenities:Circuit Breaker(s)
Parking
- Parking description:Paved Driveway
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