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3rd Apt - 2nd story - Vacant seeking new tenants actively
4th Apt - 1st and 2nd floor - 3 bedroom
5th Apt - 1st floor - 1 bedroom
59 Utility Room
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! †
Property Location
59 & 78 Railroad Street Johnson
Property Details
List Price 725,000
Bedrooms 12
Garage Size Car
Cooperation Fee Unknown
Total Bathrooms 0
Year Built 1900
MLS# 5074718
Lot Size 0.5 Acres
Taxes $12,353
Type Multi-Family
Days on Market 152 Days
Tax Year 2025
Units 9
Stories 2
Road Frontage 156
Annual Income $104,475
Style
Water Frontage
Annual Expenses $0
Finished 6,249 Sqft
Construction No, Existing
Zoning Village
Above Grade 6,249 Sqft
Seasonal No
Total Rooms 12
Below Grade 0 Sqft
List Date Jan 22nd, 2026
Gross Income $104,475
Operating Expenses $0
Net Income $61,115
Expenses Includes
Unit 1 3 Beds, Baths, $1,400/Monthly
Unit 2 Beds, Baths, $950/Monthly
Unit 3 1 Beds, Baths, $875/Monthly
Unit 4 1 Beds, Baths, $995/Monthly
Unit 5 2 Beds, Baths, $1,000/Monthly
Unit 6 3 Beds, Baths, $1,400/Monthly
Unit 7 1 Beds, Baths, $1,100/Monthly
Unit 8 1 Beds, Baths, $1,100/Monthly
Construction
BasementWalkout, Unfinished, Walkout
Interior Features
Exterior Features
Exterior
Disability Features
Foundation
House Color
Floors
Building Certifications
Roof Metal
HERS Index
DirectionsFrom Morrisville: VT Route 15 to Johnson; left onto Railroad St; 59 is on the left and 78 is across the street.
Lot Description
Garage & Parking No
Road Frontage 156
Water Access
Driveway Gravel, Common/Shared
Water Type
Flood Zone Yes
Water Body
Zoning Village
School District NA
Middle
Elementary
High
Heat Fuel
Excluded
Heating/Cool None, Baseboard
Negotiable
Sewer Public
Parcel Access ROW
Water
ROW for Other Parcel
Water Heater
Financing
Cable Co
Documents
Electric Circuit Breaker
Tax ID 336-104-11008
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† The remarks published on this webpage originate from Listed By Trombley & Day Group of BHHS Vermont Realty Group/Morrisville-Stowe via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.