- $2,900,000
- MLS#: 5031495
- 46
- # of Units
- 42,315
- Total Sq. Feet
- 0.34
- Acres
- $45,689
- Taxes
1 of 39
General Property Information
- Price:
- $2,900,000
- County:
- VT-Caledonia
- Acres:
- 0.34
- Property Type:
- Multi-Family
- Property Status:
- Under Contract
- # of Units:
- 46
- Agency/Brokerage:
- Maurice Chaloux
Parkway Realty
Located at the corner of Main and Church Streets in uptown St. Johnsbury this 46 unit apartment complex couldn't be any handier for folks who want to walk to all the amenities that the town has to offer. Many churches are close by as are the Fairbanks Museum of Natural Science, the St. Johnsbury Athenaeum and Art Gallery, St. Johnsbury Academy with its Art Center and Field House, the St. Johnsbury Senior Center, and other attractions. The fully sprinklered brick structure with elevator has 5 floors of apartments (9 on each floor) and a full basement that is about half finished and has a community room, one apartment and a former dormitory with separate entrance that has 6 bedrooms and 6 bathrooms. That area needs some attention. The roof, the windows, the elevator, and the sprinkler heads have all been replaced in the last 20 years. All floors in the building are hardwood, and the present owner has implemented a system of removing carpets and refinishing the hardwood floors. The project is about 1/3 complete. The apartment descriptions above are for the first floor units. Each floor is nearly identical so consider each floor the same. The property is smoke free, and there is a landscaped courtyard. The income indicated is for the 42 units currently rented. The expenses are the 2023 expenses with a 6% estimated increase since 2024 expenses are not yet available.
Features
- Property Type:
- Multi-Family
- # of Units:46
- Subdivision Name:
- Year Built:
- 1928
- Parking:
- Road Frontage:
- 247
- Acres:0.34
- Gross Income:
- 544,980
- Annual Expenses:
- 0
- # of Gas Meters:
- 0
- # of Electric Meters:
- 47
- Sq Ft (Above Ground):
- 38465
- Sq Ft (Below Ground):
- 3850
- Total Sq Ft:
- 42315
- Land Description:Corner,Landscaped,Level
- Elementary School:
- St. Johnsbury Schools
- Middle School:
- St. Johnsbury Schools
- High School:
- Choice
- Financing Details:
- Documents Available:
- Deed,Property Disclosure,Tax Map
Unit Information
Unit 1
- #Rooms:
- 4
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- 800
- Floor:
- 1
- Unit Style:
- Res.
- Monthly Rent:
- 1300.00
Unit 2
- #Rooms:
- 5
- #Bedrooms:
- 2
- #Baths:
- 1
- Sq. Ft.:
- 880
- Floor:
- 1
- Unit Style:
- res.
- Monthly Rent:
- 985.00
Unit 3
- #Rooms:
- 3
- #Bedrooms:
- 3
- #Baths:
- 1
- Sq. Ft.:
- 500
- Floor:
- 1
- Unit Style:
- Monthly Rent:
- 950.00
Unit 4
- #Rooms:
- 4
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- 800
- Floor:
- 1
- Unit Style:
- Res - This is really 9 -
- Monthly Rent:
- 1300.00
Unit 5
- #Rooms:
- 3
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- 500
- Floor:
- 1
- Unit Style:
- Res
- Monthly Rent:
- 950.00
Unit 6
- #Rooms:
- 2
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- 350
- Floor:
- 1
- Unit Style:
- Res.
- Monthly Rent:
- 1000.00
Unit 7
- #Rooms:
- 4
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- 800
- Floor:
- 1
- Unit Style:
- Res.
- Monthly Rent:
- 1150.00
Unit 8
- #Rooms:
- 3
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- 650
- Floor:
- 1
- Unit Style:
- Res
- Monthly Rent:
- 1100.00
Other Information
- List Date:
- 2025-03-07
- Last Updated:
