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Victorian Apartment Building Conversion
For Sale
$178,000

277 Summer Street, St Johnsbury, VT 05819

MULTI_FAMILY - Victorian - St. Johnsbury, VT

Property Size4,592 SF
Lot Size0.20 Acres
Price / SF$38.76
Days on Market99

Property Features for 277 Summer Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Residential B
Bedrooms 9
Bathrooms 5
Full bathrooms 5
Rooms Basement, Bedroom 8, Bathroom 5, Bathroom 3, Bedroom 5, Bedroom 7, Bedroom 9, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 6, Bedroom 3, Bathroom 4, Bedroom 4, Bedroom 1
Lot features Corner, In Town
Elementary school St. Johnsbury Schools
Middle school St. Johnsbury Schools
High school Choice
Standard status Active
Size 4,592 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 4156

Utilities

Utilities Cable Available
Heating system Baseboard, Oil
Water source Public

Building Details

Year built 1890
Floors in Building 3
Number of units 6
Flooring type Wood
Building materials Wood Frame
Roof type Slate, Shingle, Membrane
Architectural style Victorian
Listing Agency: Flex Realty
Listed By: Adam Cross
Added: May 2 Changed: Aug 3 Last Checked: Aug 8 at 3:06PM
MLS# 5086654

Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1890, this Victorian apartment building is a wood-frame property with shingle, membrane, and slate roofing and wood flooring throughout. The home was formerly configured as four units and has since been approved and partially converted into a six-unit apartment building, with a proposed mix that includes a three-bedroom unit, a two-bedroom unit, and four one-bedroom units.

Significant structural improvements have already been completed, and the interior has been taken back to the studs, creating a clean slate for the next phase. Updated mechanicals are underway, including a high-efficiency propane heating and hot water system designed to serve the building efficiently. Electrical infrastructure is also in place to support individual metering for each unit, along with a common meter.

The property sits on a corner lot and benefits from more parking than typically expected for a building of this vintage. Utilities include cable available, and the water source is public. Total building area is 4,592 SF.

Key Highlights

  • Victorian wood‑frame apartment building built in 1890 with 4,592 SF
  • Approved and partially converted from four units to a six‑unit apartment building
  • Proposed unit mix: one three‑bedroom, one two‑bedroom, and four one‑bedroom units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Kitchen & Bath Showroom Bakery (Bike/Boat/Book/etc) Store Barber Shop Catering Service Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

701
Businesses Nearby

Demographics for 05819, VT

9,040
Population
4,352
Households
2.1
Avg Household Size
43
Median Age
31%
College-Educated
94%
High-School Grad
88.8 sq mi
ZIP Area
102
Density / Sq Mi
$59,844
Median Household Income
$37,437
Median Earnings
$902
Median Rent
$190,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Victorian wood-frame building in Residential B zoning, partially approved and converted from four units toward six.
Where is this apartment building located?
The property is located at 277 Summer Street St Johnsbury, VT.
What is the asking price?
The asking price for this property is $178,000.
What are key features of this property?
This property features: Victorian wood‑frame apartment building built in 1890 with 4,592 SF; Approved and partially converted from four units to a six‑unit apartment building; Proposed unit mix: one three‑bedroom, one two‑bedroom, and four one‑bedroom units
More about this property
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