Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    32 Wesley Dr St Johnsbury, VT 05819

    Sponsored
    For Sale
    $325,000

    Multi-Family - St. Johnsbury, VT

    Property size:
    3,445 SF
    Lot size:
    1.19 Acres
    Days on Market:
    1
    Last Refresh:
    Jan 29 at 4:06 pm

    Property Features for 32 Wesley Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential B
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    7
    Bathrooms
    3
    EntryLevel
    Unit 1: Main Floor,Unit 2: 2nd Floor,Unit 3: 3rd Floor
    Basement Y/N
    1
    Appliances
    Range, Refrigerator
    Size
    3,445 SF
    Lot size
    1.19 Acres

    Utilities

    Heating system
    Baseboard, Hot Water (Heating)

    Building Details

    Year built
    1880
    Floors in Building
    3
    Number of units
    3
    Flooring type
    Carpet, Hardwood, Laminate, Vinyl
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Rosemary Gingue

    Begin Realty Associates (802) 748-2045

    Listing agent Rosemary Gingue (802) 748-2045

    Listing date Jan 29, 2026

    MLS# 5075172 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    St. Johnsbury Multi-Family Investment Property

    This well-maintained three-unit property is located on 1.19 acres in-town, close to Main Street in St. Johnsbury, VT. The property is within walking distance of schools, churches, parks, a bowling alley, a restaurant, a deli, the Fairbanks Museum, the Athenaeum, an ice skating rink, and the post office. It is also located near "The Knob" walking trail. The property provides convenient access to town events such as the Veteran's parade, the pet parade, the Halloween parade, and First Night. The property features ample parking, two front porches for two tenants, and a balcony for the third tenant. All three units have two points of entry and exit. There is a full basement, a side yard, and backyard parking. The main floor unit will be vacant in June, while the other two units have reliable tenants. The third-floor apartment was remodeled in 2025 with new flooring, painting, and a bathroom. The main and second-floor apartments are in good condition and were upgraded by previous owners approximately five years ago. The property, with a total size of 3445 square feet, is zoned as Residential B.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    St Johnsbury
    County
    Caledonia
    State
    Vermont
    Longitude
    -72.0197973
    Latitude
    44.4253509

    Nearby Similar for Sale

    • $750,000
      4,536 SF

      Renovated Historic St. Johnsbury Property

      Renovated 1859 property with apartments, office space, and single-family home.
      1394 Main St, St Johnsbury, VT 05819
      View Details
    • $750,000
      0.33 Acres

      Historic Mixed-Use Property in St. Johnsbury

      Renovated historic property with office space, apartments, and single-family home.
      1394 Main St, St Johnsbury, VT 05819
      View Details
    • $3,700,000
      4.25 Acres

      Functional Manufacturing Building on 4.25 Acres

      31,080 SF manufacturing building for sale in St. Johnsbury, VT.
      1227 Industrial Pkwy, St Johnsbury, VT 05819
      View Details
    • $225,000
      4,592 SF

      Victorian Multi-Family Conversion Opportunity

      Partially converted six-unit apartment building with income potential.
      277 Summer St, St Johnsbury, VT 05819
      View Details
    • $389,000
      5,577 SF

      Mixed-Use Investment Opportunity

      Well-maintained mixed-use property in downtown St. Johnsbury.
      77 Concord Ave, St Johnsbury, VT 05819
      View Details
    • $389,000
      0.22 Acres

      Mixed-Use Commercial Property in St. Johnsbury

      Versatile mixed-use property with commercial and residential units.
      77 Concord Ave, St Johnsbury, VT 05819
      View Details
    • $225,000
      0.47 Acres

      Versatile Commercial Building Near Interstates

      Adaptable commercial building with loading docks and parking.
      192 Railroad St, St Johnsbury, VT 05819
      View Details
    • $155,000
      1,960 SF

      St. Johnsbury Multi-Family Income Property

      Well-maintained income property with reliable tenants in a prime location.
      109 Caledonia St, St Johnsbury, VT 05819
      View Details
    • $80,000
      0.45 Acres

      St. Johnsbury Multi-Family Opportunity

      Three-unit building needing renovations, close to amenities, new roof installed.
      74 Mountain Ave, St Johnsbury, VT 05819
      View Details
    • $249,000
      3,749 SF

      Versatile St. Johnsbury Multi-Unit Property

      Three-unit property in downtown St. Johnsbury near shops and amenities.
      789 Railroad St, St Johnsbury, VT 05819
      View Details
    • $585,000
      0.78 Acres

      St. Johnsbury Commercial Property For Sale

      High-visibility commercial property with modern construction and easy highway access.
      1049 Memorial Dr, St Johnsbury, VT 05819
      View Details
    • $385,000
      0.53 Acres

      St. Johnsbury Commercial Restaurant Property

      Restaurant property with long-term lease, high-traffic, and ample parking.
      264 Portland St, St Johnsbury, VT 05819
      View Details

    FAQs

    What type of property is this?
    Triplex - Well-maintained three-unit property on 1.19 acres near Main St.
    Where is this triplex located?
    The property is located at 32 Wesley Dr St Johnsbury, VT.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: - Prime in-town location on 1.19 acres, walking distance to Main St, schools, parks, and amenities.; - Three-unit property offering income-producing investment potential or owner-occupancy opportunity.; - Ample parking with side and back yard spaces.
    (802) 748-2045
    Request Owner's contact information
    32 Wesley Dr St Johnsbury, VT 05819
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    32 Wesley Dr
    St Johnsbury, VT 05819
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    32 Wesley Dr St Johnsbury, VT 05819
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Rosemary Gingue
    (802) 748-2045
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.