- $725,000
- MLS#: 5074718
- 9
- # of Units
- 6,249
- Total Sq. Feet
- 0.50
- Acres
- $12,353
- Taxes
1 of 49
General Property Information
- Price:
- $725,000
- County:
- VT-Lamoille
- Acres:
- 0.50
- Property Type:
- Multi-Family
- Property Status:
- Active
- # of Units:
- 9
- Agency/Brokerage:
- Trombley & Day Group
BHHS Vermont Realty Group/Waterbury
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!
Features
- Property Type:
- Multi-Family
- # of Units:9
- Subdivision Name:
- Year Built:
- 1900
- Parking:
- Road Frontage:
- 156
- Acres:0.50
- Gross Income:
- 104,475
- Annual Expenses:
- 0
- # of Gas Meters:
- # of Electric Meters:
- 0
- Sq Ft (Above Ground):
- 6249
- Sq Ft (Below Ground):
- 0
- Total Sq Ft:
- 6249
- Land Description:In Town
- Elementary School:
- Middle School:
- High School:
- Financing Details:
- Documents Available:
Unit Information
Unit 1
- #Rooms:
- 0
- #Bedrooms:
- 3
- #Baths:
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 1400.00
Unit 2
- #Rooms:
- 1
- #Bedrooms:
- 0
- #Baths:
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 950.00
Unit 3
- #Rooms:
- #Bedrooms:
- #Baths:
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 875.00
Unit 4
- #Rooms:
- #Bedrooms:
- 1
- #Baths:
- Sq. Ft.:
- Floor:
- Unit Style:
- Monthly Rent:
- 995.00
Unit 5
- #Rooms:
- #Bedrooms:
- 2
- #Baths:
- Sq. Ft.:
- Floor:
- Unit Style:
- Monthly Rent:
- 1000.00
Unit 6
- #Rooms:
- #Bedrooms:
- 3
- #Baths:
- Sq. Ft.:
- Floor:
- Unit Style:
- Monthly Rent:
- 1400.00
Unit 7
- #Rooms:
- #Bedrooms:
- 1
- #Baths:
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 1100.00
Unit 8
- #Rooms:
- 0
- #Bedrooms:
- 1
- #Baths:
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 1100.00
Other Information
- List Date:
- 2026-01-22
- Last Updated:
