59 & 78 Railroad St, Johnson, VT 05656

$725,000
15
BD
9
BA
6,249
SqFt

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Listing courtesy of Trombley & Day Group from BHHS Vermont Realty Group/Morrisville-Stowe. ()

List Price
$725,000
Status
ACTIVE
MLS#
5076430
Property Type
Single Family Residence
Bedrooms
15
Bathrooms
9
Living Area
6,249
Lot Size
21,780
Acres
0.50
Year Built
1900

Property Description

Fantastic & unique chance to own two established rental properties in a convenient location! If you so desire, one of the units could be your primary home while the remaining units are used as income. 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!

Additional Information

Taxes
$12,352
Listing Agent
Trombley & Day Group
Listing Office
BHHS Vermont Realty Group/Morrisville-Stowe
Style
Other
Electric
Circuit Breakers
Utilities
Cable Available
Basement
Unfinished, Walkout
Foundation
Stone
Sewer
Public Sewer
Roof
Metal
Zoning
Village
Water
Public

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Term of Loan
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Calculator source: Real Geeks

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