About This Home

This 15-bedroom, 9-bathroom single 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
9 full
1900
Listing 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!

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 15-bedroom, 9-bathroom single 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# 5076430· Source: PrimeMLS· 258 days on PropertySimple

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59 & 78 Railroad Street, Johnson, VT 05656

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