Search
Reconfigured Victorian Multifamily
For Sale
$198,000

277 Summer St, St Johnsbury, VT 05819

Victorian corner lot currently partially converted from four units to a six-unit apartment building.

Property SizeContact for details
Days on Market93

Property Features for 277 Summer St

General Information

Standard status Active
Property subtype Investment

Additional Details

Multifamily Units 6

Building Details

Year Built 1890
Construction Victorian
Tenancy Multi
Listing Agency: Flex Realty
Listed By: Adam Cross
Source: Elliman
Added: May 8 Changed: Jul 22 Last Checked: Aug 7 at 4:04AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Flex Realty

Investment Insights

Based on property information with market context.

This stately Victorian property is being reconfigured as a six-unit apartment building. The building was formerly set up as four units and has been approved and partially converted to six units, with a proposed mix including one three-bedroom unit, one two-bedroom unit, and four one-bedroom units. Significant structural work has already been completed, and the interior has been taken back to the studs to provide a clean slate for the remaining scope. Updated mechanical work is underway, including a high-efficiency propane heating and hot water system, and the electrical infrastructure is in place to support individual metering for each unit along with a common meter.

The property sits on a corner lot and includes more parking than typically expected for a building of this vintage. Bike and walk scores indicate a more car-dependent setting.

For completion, the remaining work centers on finishing the mechanicals, closing the building back up, and bringing the units online.

Key Highlights

  • Victorian built in 1890 on a corner lot, currently partially converted from 4 units to an approved 6‑unit apartment building
  • Reconfigured unit mix proposed: one 3‑bedroom, one 2‑bedroom, and four 1‑bedroom apartments
  • Interior has been taken back to the studs and significant structural improvements have already been completed

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
Multi-tenant
Tenancy

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Victorian corner lot currently partially converted from four units to a six-unit apartment building.
Where is this apartment building located?
The property is located at 277 Summer St St Johnsbury, VT.
What is the asking price?
The asking price for this property is $198,000.
What are key features of this property?
This property features: Victorian built in 1890 on a corner lot, currently partially converted from 4 units to an approved 6‑unit apartment building; Reconfigured unit mix proposed: one 3‑bedroom, one 2‑bedroom, and four 1‑bedroom apartments; Interior has been taken back to the studs and significant structural improvements have already been completed
More about this property
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