Investors and aspiring investors should take notice at this 3 unit apartment in downtown St Johnsbury! Property is being sold vacant so buyer will have full control over occupancy. Two of the units are ready to rent now, with the opportunity to put your own touches on the third! Walking distance to shopping and amenities makes this location attractive to tenants, yet it also offers a large parking area to accommodate commuters. Take advantage of a bargain in the growing rental market and come see for yourself!
Here is an opportunity for a well maintained 5 unit investment in St Johnsbury with a proven record for being a solid income producer! Conveniently located within walking distance to amenities makes this a desirable asset for passive income. Ideal for seasoned investors or those who are looking to enter the rental property market!
3-unit residential apartment building on a large lot. Ample parking and space for outdoor activities. Large detached garage is insulated, heated and has been used for commercial purposes by current and past owners. Apartments are in good condition. Long-term tenants, including one who has lived there for 30 years. Brand-new propane boiler and hot water heater.
5 units fully rented. Long term tenants. Easy walking to stores. Town inspected. Tenants pay electric, tv, owner pays heat, water/sewer, snow removal, lawn care and trash.
81 Assisqua Avenue is a three-unit investment right on the banks of the beautiful Moose River! At the end of a dead-end road, it is very private yet offers great proximity to town and amenities! The two-car garage offers covered parking to the first two units, while the spacious driveway leaves plenty of room for all tenants to park comfortably. This cash flowing property has long term tenants and offers an opportunity for forced appreciation for the savvy investor. Road maintenance is minimal with the town being responsible for taking care of the lions share of the road.
This is the perfect chance to own a very well maintained three unit in a prime location of St J! Units one and two have been renovated within the past two years along with major systems being addressed with: new water heaters, new roof, and new furnace in the past 2-3 years. On top of the big ticket items being updated the property is primarily maintained by one of the tenants meaning there is no need for any outside services for the day to day to operations of the building i.e. lawncare, snow removal, and minor repairs. Tenants are all current and in very good standing.
The median home value in Saint Johnsbury, VT is $196,100. This is lower than the county median home value of $238,900. The national median home value is $338,100. The average price of homes sold in Saint Johnsbury, VT is $196,100. Approximately 51.9% of Saint Johnsbury homes are owned, compared to 38.61% rented, while 9.48% are vacant. Saint Johnsbury real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Saint Johnsbury real estate agent to arrange a tour today!
Saint Johnsbury 05819 is less family-centric than the surrounding county with 24.34% of the households containing married families with children. The county average for households married with children is 26.85%.