NOT LISTED FOR SALE

755 Railroad St Saint Johnsbury, VT 05819

Estimated Value: $162,000 - $299,000

-- Bed
4 Baths
2,598 Sq Ft
$96/Sq Ft Est. Value

Last Sold February 05, 2016

Last sale price $50,500 $19 Per Sq Ft

Est. 393% increase in value since last sale

Current estimated payment $1,710/month

412 Days on Market

Highlights

  • Softwood Flooring
  • 1 Car Garage
  • Zoned Heating and Cooling
  • Covered Patio or Porch

About This Home

As of February 2016

Excellent income potential. Front building needs to be cleaned and could be re-rented. Two three-bedroom units each with it's own floor of the building. Attic space could be another unit if developed. There is also a single car garage just behind the main building, and a bonus duplex in the back that has been vacant for some time. The roof over the duplex's porch needs to be reconstructed, but the structure of the building seems to be solid and the interior seems to be dry. This property is priced to sell fast. Fully rented, this property could bring in $4,000 per month. Just the two units in the main building should rent for $850 each, attic space if finished could rent for $500 per month, the garage can be rented as storage for $100 per month, the back units once updated should rent for $850 per month each. This property would also make a lovely single family home with many original features, and a large yard (if the duplex's is removed). So many possibilities at this price!

Last Agent to Sell the Property

Mathew Ghafoori

RE/Max Heritage License #081.0120000 Listed on: 11/18/2014

RE/Max Heritage

Last Buyer's Agent

Maurice Chaloux

Parkway Realty License #081.0000952

Property Details

Home Type

  • Multi-Family

Year Built

  • 1875

Lot Details

  • 0.32 Acre Lot
  • Lot Sloped Up

Parking

  • 1 Car Garage

Home Design

  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding

Interior Spaces

  • 4 Full Bathrooms
  • 2,598 Sq Ft Home
  • 2.5-Story Property

Flooring

  • Softwood
  • Carpet
  • Laminate

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Dirt Floor
  • Crawl Space
  • Basement Storage

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Zoned Heating and Cooling
  • Radiator
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Separate Meters
  • 100 Amp Service
  • Oil Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Year Built

1875

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Assessment Amount: 123050
  • Construction: Existing
  • Total Stories: 2.5
  • Sq Ft - Apx Total Finished: 2598
  • Unit Info: CO Detector, Electric, Smoke Detector
  • Property Type: Multi-Family
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1875

Interior Features

  • Flooring: Carpet, Hardwood, Laminate, Softwood
  • Full Bathrooms: 4
  • Total Rooms Above Ground: 17
  • Basement: Yes
  • Basement Description: Crawl Space, Dirt, Full, Stairs - Interior, Storage Space, Unfinished
  • Sq Ft - Apx Finished AG: 2598

Exterior Features

  • Construction: Wood Frame
  • Driveway: Concrete
  • Exterior: Clapboard
  • Foundation: Brick, Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Other
  • Features Exterior: Porch, Porch - Covered

Garage/Parking

  • Garage Capacity: 1
  • Parking: Garage, On-Site, Paved
  • Garage Type: Detached
  • Garage: Yes
  • Garage Description: Direct Entry
  • Garage Type: Detached

Utilities

  • Electric: 100 Amp
  • Sewer: Public
  • Water: Public
  • Water Heater: Oil
  • Heating Fuel: Gas - LP/Bottle, Oil
  • Heating: Multi Zone, Radiator
  • Cooling: Multi Zone
  • Separate Utilities: Yes
  • Trash: Tenant

Condo/Co-op/Association

  • Services: Gas - LP/Bottle

Schools

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

Lot Info

  • Lot Sq Ft: 13939
  • Lot Acres: 0.32
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: Residential

Multi Family

  • Total Units: 4
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 3138.76
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2023
Sold by
Barnes Benjamin N
Bought by
Gilman Housing Trust Inc
Current Estimated Value
$249,008

Purchase Details

Listed on
Nov 18, 2014
Closed on
Feb 5, 2016
Sold by
Lauman Rodney C
Bought by
Barnes Benjamin N
Seller's Agent
Mathew Ghafoori
RE/Max Heritage
Buyer's Agent
Maurice Chaloux
Parkway Realty
List Price
$67,500
Sold Price
$50,500
Premium/Discount to List
-$17,000
-25.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.88%

Purchase Details

Closed on
Dec 2, 2002
Sold by
Clough Rita Pelletier
Bought by
Lauman Rodney C and Royer Leslie P
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gilman Housing Trust Inc -- --
Gilman Housing Trust Inc -- --
Barnes Benjamin N $50,500 --
Lauman Rodney C $67,500 --
Lauman Rodney C $67,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2016 02/05/16 Sold $50,500 -25.2% $19 / Sq Ft
01/04/2016 01/04/16 Pending -- -- --
11/18/2014 11/18/14 For Sale $67,500 -- $26 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,266 $113,800 $15,900 $97,900
2023 $3,620 $113,800 $15,900 $97,900
2022 $2,689 $113,800 $15,900 $97,900
2021 $2,834 $117,700 $15,900 $101,800
2020 $2,830 $117,700 $15,900 $101,800
2019 $2,724 $123,050 $23,270 $99,780
2018 $2,151 $123,050 $23,270 $99,780
2016 $2,507 $123,050 $23,270 $99,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4393936

PrimeMLS

APN: 558-176-11822