385 Spring St, St Johnsbury, VT 05819

This fully occupied Victorian style 3 unit apartment building has vinyl siding, new roof in 2015 and has a great location for walking to St. Johnsbury School, St. Johnsbury Academy, Fairbanks Museum, parks, post office, churches, the Lamoille Valley Rail Trail and the walking trail on "The Knob" located just around the corner on Mt Pleasant St. Apt 1 is located on the 2nd floor, access through the front porch with an open mudroom & closet storage area. There's a large living room, nicely updated kitchen, full bath, storage area and a access the bedroom through a hallway closet. Heat is a rinnai propane heater, tenant pays utilities, rent is $725. Apt 2 is located on the main floor, accessed from the side covered porch. There's a large dining room, living room, kitchen, full bath with washer, and 2 bedrooms. Apt 3 is also accessed from the side porch and has 1st and 2nd floor living space. There's a living room, office/dining room, open kitchen w/ closet w/ washer & dryer hookup. Upstairs are 3 bedrooms and a full bath. Tenant has a verbal month to month agreement, pays utilities, and rent is $700. The owner has maintained this property and will make a good investment opportunity. Close to NVRH, I-93 and I-91, Burke Mountain for skiing and the Kingdom Trails for biking. Approximately 20 minutes to Littleton, NH.

Great Return on Investment at the current asking price! Windows have just been replaced (in the spring of 2015). One of the better income properties around. The renters pay everything but taxes and water, and insurance on the building. Two units are in very good condition and the third is occupied but needs a little updating. Excellent occupancy on this building. Located in the heart of Saint Johnsbury - walking distance to almost everything in town! Don't miss this great opportunity!