286 288 294 Railroad Street Johnson, Vermont 05656 MLS# 4915303
Back to Search Results Next PropertySold Status
$865,000 Sold Price
Multi Type
15 Beds
0 Baths
8,289 Sqft
Sold By BHHS Vermont Realty Group/Morrisville-Stowe
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Call: 802-863-1500
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Lamoille County
A wonderful and established investment opportunity in the heart of Johnson! This multi-family property consists of three buildings and a total of 11 units. Located on Railroad Street, everything that Johnson Village has to offer is within walking distance. A quick approximate 100 yards from the biking rail trail, this property has attracted many nature loving and active outdoor type tenants over the years- it's the perfect spot for the outdoor enthusiast! With a large backyard on the shoreline of the Lamoille River, there is access for kayaking, tubing, swimming and fishing, as well as postcard views where the Lamoille converges with the Gihon River. All units have been remodeled and/or upgraded in the fourteen years that the sellers have owned it. Improvements to the property include roofing upgrades, vinyl siding, laundry room appliance upgrades, sewer line replacement, hot water heaters replaced, a new oil tank in unit 2, extended/enlarged decks on 3 units, and security cameras installed in the parking lot. This property has a strong rental history and is the perfect opportunity to own a proven investment. Building 1 was built in approximately 1900; buildings 2 & 3 in 1988 & 1991, respectively. †
Property Location
Property Details
Sold Price $865,000 | Sold Date Sep 30th, 2022 | |
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MLS# 4915303 | Bedrooms 15 | Garage Size Car |
List Price 895,000 | Total Bathrooms 0 | Year Built 1900 |
Type Multi-Family | Lot Size 1.0000 Acres | Taxes $14,418 |
Units 11 | Stories 2 | Road Frontage |
Annual Income $107,229 | Style Multi-Family | Water Frontage |
Annual Expenses $0 | Finished 8,289 Sqft | Construction No, Existing |
Zoning no zoning | Above Grade 8,289 Sqft | Seasonal No |
Total Rooms 15 | Below Grade 0 Sqft | List Date Jun 13th, 2022 |