109 Elm Street, St. Johnsbury, VT 05819

Located in St. Johnsbury, near the Legion Baseball Fields, White Market, Fred Mold Park, and Town Forest/Walking Trails, this 4 unit building is in good condition, is fully occupied with tenants up to date on rents. Some updates include, new Rinnai heater, flooring, refrigerator, updated electric (no knob and tube), some new railings, a new entry door, new hardwired smoke/carbon detectors, IRC's are complete, some newly painted walls and newer windows and new ceiling and new metal roof on glassed-in porch. There's ample parking and a detached four bay garage/shed which Unit #1 leases one bay for $50/mo, the rest are used by the owners. Former owner removed an old shed out back making for a nice private yard and play area. Utilities are all paid separately by tenants. Owners pay for snowplowing the driveway, maintenance, property taxes, insurance, water/sewer, lawncare, and provide trash and recycle receptacles for Tenants. 48 hours are needed for showings. New tenants in Apt#1 as of 8/5; Tenants in units 3 & 4 just received notices in August that their rents are being increased starting November 1, 2023. The new rental amount is shown in the information below. Income shown is calculated on the former rents. Apt 2/2Bedroom is currently vacant as of 10/31/23 an had been rented for $700 - now is the time to increase the rent, maybe update cosmetics and increase your income. Units 3 & 4 are yearly leases. Leases and financials are not on the MLS but are available upon request.