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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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277 Summer St , St. Johnsbury, VT 05819
$148,000
Est. Payment: $803.85/mo
9 Bed
1 Bath
4592 Sqft
0.2 Acres
Status: active | Days on site: 39
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House 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.

Highlights

Listed by Adam Cross , Flex Realty , 802-399-2860. PrimeMLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.2

Year Built

1890

County

Caledonia

Listing ID

5110903

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:9
  • ▪ Bathrooms:1
  • ▪ 3/4 Bathrooms:1
Floor:Wood
Above Ground Sq Ft:4592
Basement:Yes,Concrete Floor,Dirt Floor,Unfinished

Exterior Features

Lot:Existing
Zoning:Residential B
Roof:Membrane,Shingle,Slate
Sewer:Public
Principal Interest
$804
Taxes
$346

Home Price

$148,000

Loan Details

30 yrs
7.202%

Down Payment

20%
$29,600
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$803.85

Principal

Taxes

Principal Taxes HOA Total
Monthly $803.85 $346.33 $0.00 $1,150.18
Yearly $9,646.15 $4,155.98 $0.00 $13,802.13
Total $289,384.40 $124,679.40 $0.00 $414,063.80

Today's Rates

30 Year

7.2%

20 Year

7.38%

15 Year

6.78%

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Market insight data is pulled from the same city as the listing being viewed (St. Johnsbury, VT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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. Data last updated October 31, 2026 6:54pm

Data last updated: 2026-10-31T22:54:31.300Z

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