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Six-Unit Victorian Apartment Building
New
For Sale
$148,000

277 Summer St, St Johnsbury, VT 05819

Approved plans outline six residences with a mix of one-, two-, and three-bedroom layouts.

Property Size4,592 SF
Price / SF$32.23
Days on Market2

Property Features for 277 Summer St

General Information

Standard status Active
Size 4,592 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 3BR, 1 x 2BR, 4 x 1BR
Multifamily Units 6

Building Details

Year Built 1890
Buildings 1
Construction Victorian
Listing Agency: Flex Realty
Listed By: Adam Cross
Source: Carolslocum
Added: Sep 24 Last Checked: Sep 24 at 10:20AM

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.

Built in 1890, this Victorian apartment property retains tall ceilings, detailed woodwork, built-in features, and a wraparound porch. The building was formerly arranged as four units and has approval for a six-unit configuration. Plans call for four one-bedroom apartments, one two-bedroom apartment, and one three-bedroom apartment.

Structural work is complete, and the interior has been opened to the framing. Mechanical work remains underway, including a propane heating and hot water system. Electrical infrastructure is configured for individual apartment meters and a common meter. The property occupies a corner lot at 277 Summer St in St. Johnsbury, Vermont.

Key Highlights

  • Approved six‑unit apartment configuration
  • Proposed mix includes four one‑bedroom units, one two‑bedroom unit, and one three‑bedroom unit
  • Built in 1890 with 4,592 listed property size

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Bakery Kitchen & Bath Showroom (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

673
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Approved plans outline six residences with a mix of one-, two-, and three-bedroom layouts.
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 $148,000.
What are key features of this property?
This property features: Approved six‑unit apartment configuration; Proposed mix includes four one‑bedroom units, one two‑bedroom unit, and one three‑bedroom unit; Built in 1890 with 4,592 listed property size
More about this property
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