188 Spring Street

Closed 3/29/22
Closed 3/29/22
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Sold
Last Sold Price
$167,000
6 beds2,641 sqft$63/sqft
188 Spring St, St. Johnsbury, VT 05819
Multi FamilyProperty Type
7,405 sq ftLot Size
1900Year Built
$63/sq ftPrice per sq ft

Description

Investors take notice! If you're looking for an investment property that has great income potential than this triplex could be the one for you. The property is fully rented and in a very desirable location "on the hill" in St. Johnsbury. The location, strong rental history and solid CAP rate make it a perfect opportunity for some extra income. Apartment 1- 3 bedrooms with a full bath and a large living room that offers beautiful hardwood floors and lots of natural light. Apartment 2- 2 bedrooms with...Investors take notice! If you're looking for an investment property that has great income potential than this triplex could be the one for you. The property is fully rented and in a very desirable location "on the hill" in St. Johnsbury. The location, strong rental history and solid CAP rate make it a perfect opportunity for some extra income. Apartment 1- 3 bedrooms with a full bath and a large living room that offers beautiful hardwood floors and lots of natural light. Apartment 2- 2 bedrooms with a full bath, spacious living room, and pantry. Apartment 3 is a small, but cozy 1 bedroom and 3/4 bath unit. New propane heating system, hot water heater, replacement Harvey windows and freshly painted exterior siding. Occupants will also have the option to send their kids to Saint Johnsbury Academy ("among the best private schools in Vermont") free of charge! Division of Fire safety Inspection has been completed!

    Sold By Tim Scott Real Estate

    • Listed by: Kara Koptiuch • Vermont Real Estate Company
    • Listed by: David Lawrence • Vermont Real Estate Company
    Listing closed: 03/29/2022 12:00 AM • Source: New England Real Estate Network, MLS#: 4866860

    Recent comparable sales

    Median sold price

    $235,000

    Avg days on market

    160

    Sale-to-list ratio

    87.4%

    St. Johnsbury, VT

    9 comparable properties found

    $285,000 | 385 Spring Street, St. Johnsbury, VT 05819
    1/25
    1

    $285,000

    Sold 06/16/26

    6
    Bedrooms
    2,889
    Square Feet
    0.15
    Acres

    385 Spring Street, St. Johnsbury, VT 05819

    $225,000 | 376 Lafayette Street, St. Johnsbury, VT 05819
    1/22
    2

    $225,000

    Sold 06/30/25

    5
    Bedrooms
    2,305
    Square Feet
    0.58
    Acres

    376 Lafayette Street, St. Johnsbury, VT 05819

    $270,000 | 286 Spring Street, St. Johnsbury, VT 05819
    1/11
    3

    $270,000

    Sold 04/11/25

    7
    Bedrooms
    2,382
    Square Feet
    0.14
    Acres

    286 Spring Street, St. Johnsbury, VT 05819

    $165,000 | 60 Harrison Avenue, St. Johnsbury, VT 05819
    1/39
    4

    $165,000

    Sold 02/28/25

    5
    Bedrooms
    2,256
    Square Feet
    0.2
    Acres

    60 Harrison Avenue, St. Johnsbury, VT 05819

    $190,000 | 81 Assisqua Avenue, St. Johnsbury, VT 05819
    1/37
    5

    $190,000

    Sold 06/17/26

    4
    Bedrooms
    3
    Bathrooms
    2,260
    Square Feet
    0.68
    Acres

    81 Assisqua Avenue, St. Johnsbury, VT 05819

    $420,000 | 240 Summer Street, St. Johnsbury, VT 05819
    1/60
    6

    $420,000

    Sold 10/02/25

    7
    Bedrooms
    3,974
    Square Feet
    0.29
    Acres

    240 Summer Street, St. Johnsbury, VT 05819

    $270,000 | 32 Wesley Drive, St. Johnsbury, VT 05819
    1/44
    7

    $270,000

    Sold 05/12/26

    7
    Bedrooms
    3,445
    Square Feet
    1.19
    Acres

    32 Wesley Drive, St. Johnsbury, VT 05819

    $235,000 | 210 Winter Street, St. Johnsbury, VT 05819
    1/54
    8

    $235,000

    Sold 06/27/25

    4
    Bedrooms
    2,243
    Square Feet
    0.24
    Acres

    210 Winter Street, St. Johnsbury, VT 05819

    $177,500 | 693 Us Route, St. Johnsbury, VT 05819
    1/43
    9

    $177,500

    Sold 03/06/26

    6
    Bedrooms
    1,893
    Square Feet
    3.35
    Acres

    693 Us Route, St. Johnsbury, VT 05819

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    $1,247 per month

    30 year fixed, 6.71% Interest

    Principal and Interest

    $863

    Property Taxes

    $384

    HOA Dues

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    Property Information for 188 Spring Street

    Property Details
    • Taxes: $4,604 / year
    • MLS Type: Multi Family
    • County: Caledonia County
    • Parking: Driveway, On-Site
    • Water View: No
    • Waterfront Property: No
    • Zoning: Residential B
    Building Information
    • Stories: 2
    • Residences: 3
    • Year Built: 1900
    • Lot Size: 0.17 AC / 7,405 SF
    Summary
    Location and General Information
    • Area Description: In Town, Neighborhood
    • City: St. Johnsbury
    • County: VT-Caledonia
    • Directions: 188 Spring Street St Johnsbury,VT. From Railroad Street/Maple Street intersection in St. Johnsbury take Maple Street towards Main Street, Turn right onto Main Street, Take your first left onto Winter Street, Take your second left onto Spring, 188.
    • Latitude: 44.421699957827109
    • Longitude: -72.022735387731558
    • Road Frontage: Yes
    • Seasonal: No
    • State: VT
    • Street Designation: Street
    • Zip: 05819
    Taxes and HOA Information
    • SPAN Number: 558-176-12094
    • Tax - Gross Amount: $4,603.80
    • Tax Year: 2021
    • Taxes TBD: Unknown
    School Information
    • School - District: St. Johnsbury School District
    • School - Elementary: St. Johnsbury Schools
    • School - Middle/Jr: St. Johnsbury Schools
    Parking
    • Garage: No
    • Driveway: Dirt, Gravel
    Property
    Lot Information
    • Lot - Sqft: 7405.0
    • Lot Size Acres: 0.17
    • Road Frontage Length: 99.0
    • Square Feet Apx Finished Above Grade: 2641.0
    • Square Feet Apx Finished AG Source: Public Records
    • Square Feet Apx Finished Below Grade: 0.0
    • Square Feet Apx Finished BG Source: Public Records
    • Square Feet Apx Total: 3864.0
    • Square Feet Apx Total Finished: 2641.0
    • Square Feet Apx Unfinished Above Grade: 400.0
    • Square Feet Apx Unfinished AG Source: Public Records
    • Square Feet Apx Unfinished Below Grade: 823.0
    • Square Feet Apx Unfinished BG Source: Public Records
    • Water Body Access: No
    Property and Assessments
    • Current Use: No
    • Property Class: Multi-Family
    • Easements: Yes
    • Flood Zone: No
    • Foundation: Concrete, Fieldstone, Other, Stone
    • PreConstruction: No
    • Surveyed: Unknown
    • Year Built: 1900
    Utilities
    • Electric: Circuit Breaker(s)
    • Sewer: Public
    • Utilities: Gas - LP/Bottle
    • Total Electric Meters: 3
    • Separate Utilities: Yes
    Interior and Exterior Features
    Exterior Features
    • Color: white
    • Features - Exterior: Shed
    • Roads: Public
    • Roof: Shingle
    • Total Ranges: 3
    Interior Features
    • Basement: Yes
    • Basement Access Type: Interior
    • Basement Description: Dirt Floor, Unfinished, Stairs - Basement
    • Total Full Baths: 2
    • Flooring: Carpet, Hardwood, Vinyl
    • Heat Fuel: Gas - LP/Bottle
    • Heating: Hot Water
    • Cooling: None
    • Total Refrigerators: 3
    • Total Rooms Above Ground: 9
    • Total Stories: 2
    • Total Water Heaters: 1
    Multi Family
    Income & Expenses Information
    • Gross Income: $29,700.00
    • Net Income: $16,657.00
    • Operating Expense Incl: Heat, Snow Removal, Trash, Water/Sewer
    • Operating Expense: $13,043
    Multi-Family Information
    • Total Units: 3
    • Total 1 BR Units: 1
    • Total 2 BR Units: 1
    • Total 3+ BR Units: 1
    • Total Heat Units: 2
    Unit Information
    Unit 1
    • Unit 1 Baths: 1
    • Unit 1 Bedrooms: 3
    • Unit 1 Rental Agremnt: Yes
    • Unit 1 Lease Term: Month to Month
    • Unit 1 Rental Amt Freq: Monthly
    • Unit 1 Status: Month to Month
    • Unit 1 Apx Sqft: 744.0
    • Unit 1 Rooms: 5
    • Unit 1 Rental Amount: $1,025.00
    • Unit 1 Tenant Pays: Electric
    • Unit 1 Info: Ceiling Fan, Cooktop - Electric, Refrigerator
    Unit 2
    • Unit 2 Lease Term: Month to Month
    • Unit 2 Baths: 1
    • Unit 2 Rooms: 4
    • Unit 2 Rental Agremnt: Yes
    • Unit 2 Status: Leased
    • Unit 2 Rental Amt Freq: Monthly
    • Unit 2 Apx Sqft: 700.0
    • Unit 2 Bedrooms: 2
    • Unit 2 Rental Amount: $900.00
    • Unit 2 Info: Ceiling Fan, Cooktop - Electric, Range - Electric, Refrigerator
    • Unit 2 Tenant Pays: Electric
    Unit 3
    • Unit 3 Lease Term: Month to Month
    • Unit 3 Baths: 1
    • Unit 3 Rooms: 2
    • Unit 3 Rental Agremnt: Yes
    • Unit 3 Rental Amt Freq: Monthly
    • Unit 3 Status: Leased
    • Unit 3 Apx Sqft: 306.0
    • Unit 3 Bedrooms: 1
    • Unit 3 Rental Amount: $550.00
    • Unit 3 Tenant Pays: Electric
    Rental
    Rent Information
    • Total Leases: 3

    Property History for 188 Spring Street

    DateEvent & SourcePriceAppreciation
    Mar 29, 2022

    Sold

    New England Real Estate Network #4866860

    		$167,000—
    Feb 15, 2022

    Pending

    New England Real Estate Network #4866860

    		—
    Feb 7, 2022

    Price Change

    New England Real Estate Network #4866860

    		$169,900—
    DateEvent & SourcePrice
    03/29/2022

    Sold

    New England Real Estate Network #4866860

    $167,000
    02/15/2022

    Pending

    New England Real Estate Network #4866860

    —
    02/07/2022

    Price Change

    New England Real Estate Network #4866860

    $169,900

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public Records for 188 Spring Street

    Taxable ValueLand$54,100Additions$152,300Total$206,400
    Tax Record2025$3,960 ($330 / month)
    Home Facts
    Baths3.5Total Finished SqFt2,641 SqFtAbove Grade Finished SqFt2,641 SqFtStories2Lot Size7,405 SqFtStyleTriplexYear Built1900Year Renovated1900CountyCALEDONIAAPN(176) 234028

    Schools near 188 Spring Street

    This home is within Saint Johnsbury School District.
    Rating
    School
    Type
    Grades
    Distance
    St. Johnsbury School
    		Public - PK to 12
    Good Shepherd Catholic School
    		Private - PK to 8
    Cornerstone School
    		Private - 1 to 8
    Caledonia Christian School
    		Private - 1 to 9
    Rating
    School
    Distance
    St. Johnsbury School
    PublicPK to 12

    Good Shepherd Catholic School
    PrivatePK to 8

    Cornerstone School
    Private1 to 8

    Caledonia Christian School
    Private1 to 9

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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    Nearby home values

    AddressSold priceBedsBathsSqftLot (Sqft)
    This home: 188 Spring Street, St. Johnsbury, VT 05819
    $167,000
    6
    2,641
    7,405
    202 Spring Street, St. Johnsbury, VT 05819
    $86,500
    4
    2,579
    6,969
    176 Spring Street, St. Johnsbury, VT 05819
    $38,500
    3
    1,635
    7,405
    185 Spring Street, St. Johnsbury, VT 05819
    $110,000
    6
    2,784
    10,890
    214 Spring Street, St. Johnsbury, VT 05819
    $282,000
    3
    1,881
    6,969
    171 Spring Street, St. Johnsbury, VT 05819
    $103,000
    3
    1,984
    9,147

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