277 Summer Street,St. Johnsbury, VT 05819
St. Johnsbury, VT 05819
Description
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.
Details
| MLS # | 5110903 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | (10) Active - Active |
| Year | 1890 |
| Days On Site | 17 |
| Listing Provided By | Flex Realty | Adam Cross |
Features
| Basement | Y |
|---|---|
| Story(s) | 3 |
| Units | 6 |
| Zoning | Residential B |
| Acreage | 0.20 |
Interior
| Rooms Total | 0 |
|---|---|
| Cooling | None |
| Heating | Oil, Baseboard |
Exterior
| Roof | Membrane, Shingle, Slate |
|---|---|
| Construction Materials | Wood Frame |
| Foundation Details | Stone |
| Lot Features | Corner Lot, In Town |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Utilities | Cable Available, Phone Available |
|---|---|
| Electric | Circuit Breakers |
| Sewer | Public |
Taxes
| Tax Annual Amount | 4155.98 |
|---|---|
| Tax Year | 2026 |
Area Information
| State | VT |
|---|---|
| County | Caledonia |
| City | St. Johnsbury |
| Zip Code | 05819 |
| Area | VT Caledonia |
| Elementary School | St. Johnsbury Schools |
| High School | Choice |
| Listing VS Median (in 05819) | |
Price: $148,000 low | high Med: $92,314 On site: 17 low | high Med: 574 | |
Market Activity 05819
Request a showing
Request a showing
_20230518140439.png){kind=small}
Copyright 2026 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Contact
Learn More About This Property
| State | VT |
|---|---|
| County | Caledonia |
| City | St. Johnsbury |
| Zip Code | 05819 |
| Area | VT Caledonia |
| Elementary School | St. Johnsbury Schools |
| High School | Choice |
| Listing VS Median (in 05819) | |
Price: $148,000 low | high Med: $92,314 On site: 17 low | high Med: 574 | |