60 Railroad Street Johnson, Vermont 05656 MLS# 4475957

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Sold Status

$135,000 Sold Price

Multi Type

5 Beds

4 Baths

2,310 Sqft

Listed By of Preferred Properties - Off: 802-862-9106
Sold By
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Lamoille County

60 Railroad Street

Seller to provide $2K back to buyer at closing with a closing date before 6/1/16. If you've been looking for an easy to own and earn rental property look no further. This tidy property has been updated for maximum efficiency. You'll love the easy to care for and long lasting vinyl siding and updated roof on all portions of the property. 3 of of the 4 units have updated interiors including flooring, paint and kitchens. PLUS each unit pays all their own utilities. These units are easy to rent due to overall condition and location and there is room to increase rents.Johnson is a thriving college town with new businesses opening around and outside of town.Flood insurance estimate is just $800/year.Owner has the following improvements scheduled prior to closing: updated space heater in loft/studio apartment. In the last year the original clay sewer pipe broke - owner has replaced pipe and is adding sod to area next to the driveway where this took place.

Property Location

60 Railroad Street Johnson

Property Details

Sold Price  $135,000 Sold Date  Jun 16th, 2016
MLS#  4475957 Bedrooms  5 Garage Size  0 Car
List Price  150,000 Total Bathrooms  4 Year Built  1850
Type  Multi-Family Lot Size  0.2600 Acres Taxes $3,899
Units  4 Stories  2 Road Frontage  66
Annual Income  $0 Style  Other Water Frontage  
Annual Expenses  $8,904 Finished  2,310 Sqft Construction  No, Existing
Zoning   Flood Above Grade  2,310 Sqft Seasonal  No
Total Rooms  5 Below Grade  0 Sqft List Date  Mar 11th, 2016
Gross Income  $0 Operating Expenses  $8,904 Net Income  $25,800
Expenses Includes 
Unit 1   1 Beds, 1 Baths, $500/Mo Unit 2   1 Beds, 1 Baths, $500/Mo
Unit 3   2 Beds, 1 Baths, $525/Mo Unit 4   1 Beds, 1 Baths, $400/Mo
ConstructionWood Frame
BasementPartial
Interior Features
Exterior Features
Exterior  Vinyl Disability Features  
Foundation  Stone House Color  Tan
Floors  Vinyl, Carpet, Hardwood Building Certifications  
Roof  Shingle-Asphalt, Metal HERS Index  
DirectionsTurn onto Railroad Street from Route 15/Main Street in Johnson near the downtown area. Property is on the right just a few houses down from Route 15/Main St.
Lot DescriptionRiver
Garage & Parking  No, 5-10 Spaces
Road Frontage  66 Water Access  
Driveway  Gravel Water Type  
Flood Zone  Yes Water Body  
Zoning  Flood
School District  Johnson School District Middle  Lamoille Middle School
Elementary  Johnson Elementary School High  Lamoille UHSD #18
Heat Fuel  Gas-Lp/Bottle, Oil Excluded  
Heating/Cool  Individual, Individual, Space Heater Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Electric, Owned Financing  Conventional, FHA
Cable Co   Documents  Property Disclosure, Lease Agreements
Electric  Circuit Breaker Tax ID  336-104-11236
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† The remarks published on this webpage originate from Listed By of Preferred Properties - Off: 802-862-9106 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.