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

$2,900,000

MLS# 5031495
Under Contract 42315 sq.ft. Bedroom | 0 Bathroom
Multi Family
17 Church Street St. Johnsbury VT 		 
$2,900,000 | $69 per sq.ft. Under Contract | MLS# 5031495 A 46  Unit Multi Family Home, 17 Church Street St. Johnsbury VT With 38 - One Bedroom Units | 8 - Two Bedroom Units

Description:
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. Appliances : Water Heater – Oil | Water Heater – Owned

Annual Expenses
Taxes: $45,689 		    Income Gross Income | $
NetIncome | $
UNIT 1 INFORMATION

Beds: 1
Baths: 1
Rooms: 4
Sq.Ft.: 800
Level: 1
Info : Appliances Included,CO Detector,Heat Included,Hot Water,Range - Electric,Refrigerator,Smoke Detector
Tenant Pays : Electric,Internet Service,TV Service
Rent : 1300.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
UNIT 2 INFORMATION

Beds: 2
Baths: 1
Rooms: 5
Sq.Ft.: 880
Level: 1
Style : res.
Info : Appliances Included,CO Detector,Heat Included,Hot Water,Range - Electric,Refrigerator,Smoke Detector
Tenant Pays : Electric,Internet Service,TV Service
Rent : 985.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Month to Month
UNIT 3 INFORMATION

Beds: 1
Baths: 1
Rooms: 3
Sq.Ft.: 500
Level: 1
Info : Appliances Included,CO Detector,Heat Included,Hot Water,Range - Electric,Refrigerator
Rent : 950.00 Monthly
Status : Month to M
UNIT 4 INFORMATION

Beds: 1
Baths: 1
Rooms: 4
Sq.Ft.: 800
Level: 1
Style : Res - This is really 9 -
Info : CO Detector,Heat Included,Range - Electric,Refrigerator,Smoke Detector
Rent : 1300.00 Monthly
Status : Leased
UNIT 5 INFORMATION

Beds: 1
Baths: 1
Rooms: 3
Sq.Ft.: 500
Level: 1
Style : Res
Info : Appliances Included,CO Detector,Heat Included,Hot Water,Range - Electric,Refrigerator,Smoke Detector
Rent : 950.00 Monthly
Signed Lease : Yes
UNIT 6 INFORMATION

Beds: 1
Baths: 1
Rooms: 2
Sq.Ft.: 350
Level: 1
Style : Res.
Info : CO Detector,Heat Included,Hot Water,Range - Electric,Refrigerator,Smoke Detector
Rent : 1000.00 Monthly
Signed Lease : Yes
Status : Vacant
UNIT 7 INFORMATION

Beds: 1
Baths: 1
Rooms: 0
Sq.Ft.: 800
Level: 1
Style : Res.
Info : Appliances Included,CO Detector,Heat Included,Range - Electric,Refrigerator,Smoke Detector
Rent : 1150.00 Monthly
Status : Month to Month
UNIT 8 INFORMATION

Beds: 1
Baths: 1
Rooms: 3
Sq.Ft.: 650
Level: 1
Style : Res
Info :
Rent : 1100 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Month to Month

FEATURES AND DETAILS

CONSTRUCTION: Other | Brick Exterior | Exterior Color Brick | Price Per SQ.FT. 68.53 | Year Built: 1928
 LAND DESCRIPTION: LOT DESCRIPTION: Corner | Landscaped | Level
Avail.Sq.Ft.: 46
Livable Space: 42315
Above Grade Sq.Ft.: 38465
Below Grade Sq.Ft.: 3850
Foundation size See attached sketch.
Foundation: Poured Concrete
Heating: Oil | Steam
Cooling: None
Electric: 3 Phase | Combo
Style: Apartment Building
Roof: Membrane
Water: Community
Sewer: Community
Lot size: 0.34 acres
Zoned: Res.
Surveyed: No
Flood Zone: No
Seasonal: No
Garage And Parking: Parking Spaces 1
Road Frontage: 247
Driveway: Paved
ADDITIONAL INFORMATION
Docs Available : Deed | Property Disclosure | Tax Map
Taxes $45,689  | Assesed Value $0 in
SCHOOLS
School District: St. Johnsbury School District
Elementary School: St. Johnsbury Schools
Middle School: St. Johnsbury Schools
High School: Choice
  • Front of building 22790725 Front of building
  • East side of building 22790726 East side of building
  • Mailboxes at front door 22806333 Mailboxes at front door
  • Elevator 22806385 Elevator
  • Elevator 22806386 Elevator
  • Hallway to apartments 22806391 Hallway to apartments
  • Hallway to apartments 22806404 Hallway to apartments
  • Gathering nook - 1 on each upper level 22790729 Gathering nook - 1 on each upper level
  • Other gathering nook 22806405 Other gathering nook
  • Street level entrance 22806403 Street level entrance
  • Sample living room and dining room 22790730 Sample living room and dining room
  • Sample bedroom 22790731 Sample bedroom
  • Sample kitchen cabinets 22790732 Sample kitchen cabinets
  • Sample bathroom 22790733 Sample bathroom
  • Sample bedroom 22790734 Sample bedroom
  • Kitchen 22790735 Kitchen
  • Bathroom 22790736 Bathroom
  • Living room 22790737 Living room
  • Sample efficiency unit 22790738 Sample efficiency unit
  • Efficiency kitchen 22790739 Efficiency kitchen
  • Efficiency kitchen 22790740 Efficiency kitchen
  • Living room 22790741 Living room
  • Dining room 22790742 Dining room
  • Bedroom 22790743 Bedroom
  • Bathroom 22790744 Bathroom
  • Laundry room - coin op. 22806330 Laundry room - coin op.
  • Utility sink in laundry room 22790746 Utility sink in laundry room
  • Community room 22790747 Community room
  • Kitchen off community room 22790748 Kitchen off community room
  • Bathroom off former dorm room 22790749 Bathroom off former dorm room
  • Shower in bath off former dorm room 22790750 Shower in bath off former dorm room
  • Boiler 22790751 Boiler
  • Water heater 22790752 Water heater
  • Hot water storage tanks 22806390 Hot water storage tanks
  • Electrical entrance 22790753 Electrical entrance
  • Electrical panel 22790754 Electrical panel
  • Electrical meters 22806388 Electrical meters
  • Sample electrical box 22790756 Sample electrical box
  • 22806387
15 Buck Rd. Hanover, NH 03755 603-643-3942

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