97 School Street St. Johnsbury VT Multi Family For Sale $299900

List Price: $299,900 | $256 per sq.ft. Multi Family
Price Change! Reduced by $25,000 down 8% on April 10th 2026
A 2 Unit Multi Family Home
With 0 One Bedroom Units , 1 - Two Bedroom Units ,1 - Three Bedroom Units
Date Listed Friday Mar 20, 2026 | MLS# 5080313

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603-643-3942

Email Star Johnson

Address: 97 School Street St. Johnsbury VT
Listed by Michael Jones Coldwell Banker LIFESTYLES- Littleton Phone: 802-503-5333
Description:
Renovated and highly versatile property within the village of St. Johnsbury with strong income potential and future upside. Major improvements have already been completed, including a new basement, updated electrical, plumbing, blown-in insulation, all new Energy Star windows throughout the home, a new roof, and 4 electric meters for expanded flexibility. The finished first floor offers 3 bedrooms and 1 full bath with shared access to the kitchen, bathroom, dining room, and living room. This layout has previously supported both long-term rentals and short-term furnished housing for traveling professionals, with bedrooms rented individually for $1,200 per month. The property offers excellent flexibility with interior access to the second and third floors, a private entrance to the second floor, and both interior and walk-out access to the basement. Once completed, the current 2-unit configuration offers the potential for approximately 2,272 finished square feet. Additional attic and basement areas bring the gross building area to over 4,600 square feet, providing substantial space for storage, utility, workshop use, or possible future expansion, subject to permitting and approvals. Conveniently located near downtown amenities, shopping, schools, major routes, and regional employers including nearby hospitals, this property is well suited for furnished rentals, long-term housing, or owner-occupancy. St. Johnsbury is a high school choice community, including access to the prestigious St. Johnsbury Academy. Operating Expenses : Utilities,Water/Sewer

Annual Expenses

Taxes: $4,748

Income
Gross Income | $24,267
NetIncome | $19,542

Appliances : On Demand Water Heater

UNIT 1 INFORMATION

Beds: 3
Baths: 1
Rooms: 0
Level: Main Floor

UNIT 2 INFORMATION

Beds: 2
Baths: 1
Rooms: 0
Level: 2nd floor

Roof: Asphalt Shingle
Seasonal: No

Heating: Electric | Radiant Floor
Cooling: None
Electric: 150 Amp Service
Utilities: Other
Electric Meters: 4
Gas_Meters: 1
Water: Public
Sewer: Public

Additional Information
Taxes $4,748
Assesed Value Not Reported

Schools
School District: St. Johnsbury School District
Elementary School: St. Johnsbury Schools
Middle School: St. Johnsbury Schools
High School: Choice

5 Old Nugget Alley, Hanover, NH 03755 603-643-3942
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