58 Railroad Street Johnson, Vermont 05656 MLS# 4730437

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Sold Status

$385,000 Sold Price

Multi Type

8 Beds

4 Baths

3,500 Sqft

Listed By Aaron Chiaravelotti of KW Vermont
Sold By Red Barn Realty of Vermont
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Lamoille County

58 Railroad Street

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!

Property Location

58 Railroad Street Johnson

Property Details

Sold Price  $385,000 Sold Date  Mar 7th, 2019
MLS#  4730437 Bedrooms  8 Garage Size   Car
List Price  399,900 Total Bathrooms  4 Year Built  2017
Type  Multi-Family Lot Size  0.1500 Acres Taxes $7,839
Units  4 Stories  2 Road Frontage  
Annual Income  $0 Style  Town House, Multi-Level, Townhouse Water Frontage  
Annual Expenses  $11,643 Finished  3,500 Sqft Construction  No, Existing
Zoning   residential Above Grade  3,500 Sqft Seasonal  No
Total Rooms  8 Below Grade  0 Sqft List Date  Dec 13th, 2018
Gross Income  $0 Operating Expenses  $11,643 Net Income  $54,000
Expenses Includes 
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
ConstructionWood Frame
Basement
Interior Features
Exterior Features
Exterior  Vinyl Siding Disability Features  
Foundation  Slab - Concrete House Color  Gray
Floors   Building Certifications  
Roof  Shingle-Architectural HERS Index  
DirectionsRoute 15 (Lower Main Street) to Railroad Street. Property is on your right. See sign.
Lot DescriptionUnknown, Level, City Lot, Sidewalks, Street Lights
Garage & Parking  No, , , Off Street
Road Frontage   Water Access  
Driveway  Crushed Stone Water Type  
Flood Zone  Unknown Water Body  
Zoning  residential
School District  NA Middle  
Elementary   High  
Heat Fuel  , Electric Excluded  washers and dryers belong to the tenants.
Heating/Cool  Mini Split, Electric, Heat Pump Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Electric Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  336-104-10498
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† The remarks published on this webpage originate from Listed By Aaron Chiaravelotti of KW Vermont via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. 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.