$725,000 ($116.02 per sqft)

Est. Mortgage $3,571/mo *

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Listing courtesy of Trombley & Day Group, BHHS Vermont Realty Group/Morrisville-Stowe 802-888-0021


59 & 78 Railroad Street, Johnson, VT, 05656

59 & 78 Railroad Street, Johnson, VT, 05656

1 rooms

12 beds

1900

Multi-Family

6,249 sqft

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!


Status:

Active

Type:

Multi-family

Units:

9

Zoning:

Village

Frontage:

156

Heating:

Propane, Baseboard

Cooling:

None

Basement:

Unfinished, Walkout

Acreage:

0.5

Est. Taxes:

$12,353

Lot Description:

In Town

MLS #:

5074718


Community Info

School Info

Walk Score

Mass Transit

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