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Listed by Rosemary Gingue of Begin Realty Associates
Looking for an investment opportunity in a terrific location in downtown St. Johnsbury with easy access, easy maintenance, good parking and a property in good to excellent condition? Look no further! This three story mansard style property houses a long established salon business on the main floor. Residential apartments are upstairs with good tenants, units are in good condition, all rents are up to date. Newer windows, newer section of poured concrete foundation, 2 yr old propane boiler, exterior paint 3 yrs ago, fire-rated soft-close doors and fire-rated sheetrock, fire-rated windows, all units are one-bedroom units with full baths or 3/4 bath. All are in good condition with updates to flooring, hardwired photo electric smoke detectors and carbon monoxide detectors, etc. All units have their own electric service. The exterior has just been given a pressure-washed cleaning, the basement is cleaned out and spray foam insulated the first week of May 2020. This property is well maintained! Good visibility, good income, close walk to Athenaeum, Fairbanks Museum, downtown restaurants, movie theater, district courthouse, post office, Catamount Arts, etc! 48 hour notice for occupants. Make this property your best investment in St. Johnsbury!

Property Details of 18 Cherry Street

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