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59 & 78 Railroad Street, Johnson, VT 05656

$725,000
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Active
BEDS12 SQUARE FEET6,249 MLS#5074718
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Listing Courtesy of: BHHS Vermont Realty Group/Morrisville-Stowe
Agency Phone: 802-888-0021
Associate Name: Trombley Day Group
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Property Description

Fantastic & unique chance to own two established rental properties in a convenient location! This is an excellent investment opportunity calculated on an 8% cap rate. These two buildings with a total of 9 apartments sit across the road from each other and have been meticulously maintained by the current owners. 59 Railroad St boasts 5 units, and 78 Railroad St offers 4 units, all with a solid rental history. Each unit has undergone complete renovations through the years, expanding upon the efficiency and highlighting the care that the sellers have for their tenants. In a terrific, convenient area just short distance from Johnson Village, both buildings are in a prime location. The current tenants would greatly appreciate staying on with any new owner. Taking on ownership of these two properties is sure to be a smart addition to anyone's investment portfolio. This is the perfect time to build upon your future!

59 & 78 Railroad Street | MLS# 5074718

This multi-family property located at 59 & 78 Railroad Street, Johnson, VT 05656 is currently listed for sale with an asking price of $725,000. Search Johnson real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished, Walkout
Cooling: None
Heating: Propane, Baseboard
Home Style: Multi-Family
Lot Size: 0.50 Acres
Roof Type: Metal
Stories: 2.0
Taxes: $12,352
Year Built: 1900

Units

Unit 1:
Bedrooms: 3
Rent: $1400.00
Unit 2:
Rent: $950.00
Unit 3:
Bedrooms: 1
Rent: $875.00
Unit 4:
Bedrooms: 1
Rent: $995.00
Unit 5:
Bedrooms: 2
Rent: $1000.00
Unit 6:
Bedrooms: 3
Rent: $1400.00
Unit 7:
Bedrooms: 1
Rent: $1100.00
Unit 8:
Bedrooms: 1
Rent: $1100.00

Feature Descriptions

Construction: Wood Frame
Construction Status: Existing
Days on Site: 52
Driveway: Common/Shared, Gravel
Driveway: Common/Shared, Gravel
Electric: Circuit Breaker(s)
Exterior: Wood Frame
Flood Zone: Yes
Foundation: Stone
Foundation: Stone
Lot: In Town
Roads: Public
Sewer: Public
Sq. Ft. Above Grade Finished: 6249
Sq. Ft. Below Grade Unfinished: 2276
Sq. Ft. Total Finished: 6249
Total Stories: 2
Units: 9
Water: Public
Zoning: Village

Listed By / Shown By

Listed By

Agency Name: BHHS Vermont Realty Group/Morrisville-Stowe
Agency Phone: 802-888-0021
Agent Name: Trombley Day Group

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Estimated Payment

$ 2,854.33 per month $1,613.54 Principal & Interest $1,029.33 Property Tax $211.46 Homeowner's Insurance

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