About This Home

This 12-bedroom, 0-bathroom residential multi family at 59 & 78 Railroad Street in Johnson, VT is listed for $725,000 ($116 per sqft). Built in 1900, the home offers 6,249 sqft of living space on a 0.50 acres lot.

Key Features

  • Built in 1900
  • 0.50 acre lot
  • 2 stories

Property Details

2 stories
1900
Listing 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!

Monthly Cost Estimate

$3,877/mo

20% down · 6.5% · 30 years

Principal$524
Interest$3,142
Insurance$211

Estimates only. Actual payments may vary.

Location

59 & 78 Railroad Street

Johnson, VT 05656

Property Details

Construction

Wood Frame

Heating

Propane (Heating)Baseboard

Questions & Answers

This 12-bedroom, 0-bathroom residential multi family at 59 & 78 Railroad Street is listed at $725,000 ($116/sqft). The estimated monthly payment is $3,877 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.50 acre lot, 2 stories.

This property is listed by Trombley & Day Group.

TG

Trombley & Day Group

Agent at Berkshire Hathaway HomeServices Vermont Realty Group

Listed by Berkshire Hathaway HomeServices Vermont Realty Group · Broker phone: (802) 658-5555 · View on Broker Site · Broker website

MLS# 5074718· Source: PrimeMLS· 278 days on PropertySimple

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59 & 78 Railroad Street, Johnson, VT 05656

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