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59 & 78 Railroad St

johnson, VT 05656

$725,000

  • 15 BR
    9 BA

Interested? Let's Connect

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!

Details

0.5 Private Acres Lot Size

single family home

Built in 1900

MLS/Listing ID 5076430

Amenities & Features

Metal

Heating - Baseboard

Heating - Propane

Stone

Construction - Wood Frame

Estimate my mortgage

TOTAL MONTHLY COST

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  • PRINCIPAL & INTEREST

    $0

  • PROPERTY TAXES

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  • Common Charges

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Interested In 59 & 78 Railroad St?