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