385 Spring Street, St. Johnsbury, VT, 05819 | $315,000

Located in the "Four Seasons Neighborhood" in St. Johnsbury, this three unit property is fully occupied, has good income, and has been well maintained. With vinyl siding, newer roof, newer windows, there is little maintenance and ready for you to take over this investment. The main floor has two bedrooms, full bath w/stackable washer/dryer included, open eat-in kitchen, living room, separate fuel oil forced hot air heat, separate electric, access to the basement and rent is $1575/mo plus utilities. The second floor unit has one bedroom, full bath, open newer kitchen, living room, electric and propane heat, separate electric panel in this unit, currently rents for 1125 which includes a per month pet fee. The back unit has two floors with kitchen, office, living room on the main floor and 3 bedrooms and full bath on the 2nd floor; heat is separate fuel oil forced hot air and separate electric panel with access to the basement, rents for $950 and could use cosmetics but tenant has been there more than 10 years. Outside there is parking in the lot, and the driveway is shared/deeded right of way to the neighbor's home in the back. There is an attached storage shed, two open porches, and a great location to walk to Main St, schools, churches, the bowling alley, I-91, Burke Mtn Bike Trails, St J School K-8 and High School Choice. Pedal to the Lamoille Valley Bike Trail for your exercise needs, plus around the corner is a local walking trail known as "The Knob". 48 hrs needed to set up appointments, come see what this property has to offer and make your investment in a local well established neighborhood.

Features

  • Rooms: 13
  • Bedrooms: 6
  • Baths: 3 full
  • Units: 3
  • Style: Multi-Family,Multi-Level
  • Year Built: 1835
  • Heating: Propane,Oil,Electric,Gas Heater,Hot Air,Individual,Multi Zone
  • Cooling: None
  • Basement: Full,Basement Stairs
  • Approx Sq. Feet: 2,889
  • Acreage: 0.15
  • Est. Taxes: $5,125
  • Lot Desc: City Lot,Interior Lot,Level,Near Paths,Near Shopping,Near Skiing,Neighborhood,Near School(s)
  • Elem. School: St. Johnsbury Schools
  • Middle School: St. Johnsbury Schools
  • High School: Choice
  • MLS#: 5084612
  • Website: https://www.raveis.com
    /prop/5084612/385springstreet_stjohnsbury_vt?source=qrflyer
©2026 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/12/2026
Listing courtesy of Begin Realty Associates   Phone: 802-748-2045
Listing Agent: Rosemary Gingue

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

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385 Spring Street, St. Johnsbury, VT, 05819

$315,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $252,000 $252,000 $252,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.375% 5.490%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.324% 6.500% 5.710%
Monthly Tax Payment $427 $427 $427
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,491 $1,572 $2,058
Total Monthly Payment $1,993 $2,074 $2,560

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.