Johnson, VT | 59 Railroad Street

$475,000
MLS#: 4988883
5
# of Units
2,844
Total Sq. Feet
0.13
Acres
$4,718
Taxes
1 of 20

General Property Information

Price:
$475,000
County:
VT-Lamoille
Acres:
0.13
Property Type:
Multi-Family
Property Status:
Active
# of Units:
5
Agency/Brokerage:
Jason Saphire
www.HomeZu.com

Fully rented 5-unit apartment building in the village of Johnson, Vermont. The building is structured with all units enjoying a private entrance. The building composition is: 1- two story 3 bedroom, 2 bath 2- one bedroom 3- studio 4- two story studio 5- second story 2 bedroom Four of the five units have been completely renovated with new flooring, paint, woodwork, cabinets and appliances. Building features a new LP gas heating system, new water heater, and new wiring throughout. A separate mechanical room eliminates the need to access tenant space if ever the boiler or water heater require maintenance. All new windows and vinyl siding were installed in 2017. The roof is solid & does not leak but needs to be painted. Not all units are represented in the photos however all have similar style and quality and possess their unique charm. The vibrant and close-knit village of Johnson is in the heart of one of the fastest growing counties in Vermont. It is minutes away from skiing and snowboarding mountains, including Stowe, Smugglers' Notch, and Jay Peak. It is home to Vermont State University Johnson Campus, and this building is only 300 yards to the Lamoille Valley Rail trail which provides many recreational opportunities. Priced to sell at under $100k per unit.

Features

Property Type:
Multi-Family
# of Units:5
Subdivision Name:
Year Built:
1900
Parking:
Road Frontage:
64
Acres:0.13
Gross Income:
57,300
Annual Expenses:
0
# of Gas Meters:
1
# of Electric Meters:
5
Sq Ft (Above Ground):
2844
Sq Ft (Below Ground):
0
Total Sq Ft:
2844
Land Description:Sidewalks,Trail/Near Trail,Walking Trails
Elementary School:
Middle School:
High School:
Financing Details:
Documents Available:
Deed,Lease Agreements

Unit Information

Unit 1

#Rooms:
7
#Bedrooms:
3
#Baths:
2
Sq. Ft.:
990
Floor:
1
Unit Style:
Monthly Rent:
1350.00

Unit 2

#Rooms:
3
#Bedrooms:
1
#Baths:
1
Sq. Ft.:
412
Floor:
1
Unit Style:
Monthly Rent:
725.00

Unit 3

#Rooms:
3
#Bedrooms:
3
#Baths:
1
Sq. Ft.:
400
Floor:
1
Unit Style:
Monthly Rent:
775.00

Unit 4

#Rooms:
3
#Bedrooms:
1
#Baths:
1
Sq. Ft.:
370
Floor:
1 and 2
Unit Style:
Monthly Rent:
925.00

Unit 5

#Rooms:
4
#Bedrooms:
2
#Baths:
1
Sq. Ft.:
672
Floor:
2
Unit Style:
Monthly Rent:
950.00

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2024-03-21
Last Updated:
2024-03-22 00:03:14

Morrisville Office

Nancy Pritchard

(P) 808.888.1102
(F) 802.888.1106
email

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