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58 Railroad Street Johnson, Vermont 05656Property Closed

$399,900 Price
Multi Type
8 Beds
4 Baths
3,500 Sqft

Listed By Aaron Chiaravelotti of KW Vermont

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Property Location

Contact a local mortgage provider today to get pre-approved.

Call: (802)879-8790 Option 1 x2052
NMLS# 446767

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Lamoille County

Perhaps most known for its mountains, Lamoille County is home to Stowe Mountain and Smuggler’s Notch. Winter activities certainly put Lamoille County on the map, but this region boasts amazing recreation year-round. Over 23,000 people reside...

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Multi-Family Home

Once in a lifetime investment opportunity is being offered with this newer 4 unit multi family home! Live in one apartment while the rental income from the other 3 apartments pay your mortgage and then some! This wonderful income producing property will be great for you or perhaps your child at Johnson State College!. Built in 2017, this property was thoughtfully designed with efficiency in mind. No expense was spared using high efficient heat pumps with air conditioning in each bedroom as well as in the main living area. The insulated zip system sheathing adds another layer of insulation contributing to the energy efficiency of this property. These townhouse style apartments offer 2 bedrooms and 1 bath, an open layout, first floor laundry hook ups with storage space, off street parking, and modern finishes! The village location offers close proximity to shopping, restaurants and to Johnson State College. Say goodbye to EMP's and you do not have to worry about harmful building materials that present in old buildings. This is as turn key as it gets in the investment property world and is a must see!

Insights Exclusive Data

Listing Status  ClosedContract Date  01/16/2019
Days on Market  Closing Date  03/07/2019
Original Price  $399,900Closing Price  $385,000
Property ID  500-030Span  336-104-10498

Essentials

MLS#  4730437Bedrooms  8Garage Size   Car
List Price  399,900Total Bathrooms  4Year Built  2017
Type  Multi-FamilyLot Size  0.1500 AcresTaxes $7,839
Units  4Stories  2Road Frontage  
Annual Income  $54,000Style  Town House, Multi-Level, TownhouseWater Frontage  
Annual Expenses  $11,643Finished  3,500 SqftConstruction  No, Existing
Zoning   residentialAbove Grade  3,500 SqftSeasonal  No
Total Rooms  Below Grade  0 SqftList Date  Dec 13th, 2018

Expenses

Total Expenses  $11,643Insurance  $1,200
Water & Sewer  $1,680Taxes  $7,839
Trash  $624Miscellaneous  $0
Maintenance  $0 Association Dues  $0
Rent Includes 

Unit Size & Rent

Unit 1   2 Beds, 1 Baths, 850 SqFt, $1,125/Mo Unit 2   2 Beds, 1 Baths, 850 SqFt, $1,125/Mo
Unit 3   2 Beds, 1 Baths, 850 SqFt, $1,125/Mo Unit 4   2 Beds, 1 Baths, 850 SqFt, $1,125/Mo

Building/Construction

ConstructionWood Frame
Basement
Interior Features
Exterior Features
Exterior  Vinyl SidingDisability Features  
Foundation  Slab - ConcreteHouse Color  Gray
Floors  Building Certifications  
Roof  Shingle-Architectural HERS Index  

Property

Lot DescriptionUnknown, Level, City Lot, Sidewalks, Street Lights
Garage & Parking  No, , , Off Street
Road Frontage  Water Access  
Driveway  Crushed StoneWater Type  
Flood Zone  UnknownWater Body  
Zoning  residential

Schools

School District  NAMiddle  
Elementary  High  

Utilities & Other

Heat Fuel  , ElectricExcluded  washers and dryers belong to the tenants.
Heating/Cool  Mini Split, Electric, Heat PumpNegotiable  
Sewer  PublicParcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  ElectricFinancing  
Cable Co  Documents  
Electric  Circuit BreakerTax ID  336-104-10498
DirectionsRoute 15 (Lower Main Street) to Railroad Street. Property is on your right. See sign.
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† The remarks published on this webpage originate from Aaron Chiaravelotti of KW Vermont via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman Realty. Coldwell Banker Hickok & Boardman Realty cannot be held responsible for possible violations of copyright resulting from the posting of any data from the NNEREN IDX Program.