77 Railroad Street Johnson, Vermont 05656 MLS# 4895880

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Sold Status

$350,000 Sold Price

Multi Type

11 Beds

5 Baths

4,620 Sqft

Listed By Brian Armstrong of KW Vermont
Sold By KW Vermont - Cambridge
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Lamoille County

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77 Railroad Street

Opportunity awaits with this well maintained 5 unit multi-family conveniently located in downtown Johnson. 4 units offer 2 well-appointed bedrooms and a full bath, and 1 unit has 3 bedrooms. The large lot provides plenty of parking for your tenants. This opportunity has a strong rental history, income, and comes with existing long-term tenants in place. Rents have not increased in a few years and are below market value and includes trash, plowing, water/sewer, and general maintenance. Tenants pay electric, heat, internet, and cable. Near College campus, the Art Center and everything in the village. †

Property Location

77 Railroad Street Johnson

Property Details

Sold Price  $350,000 Sold Date  May 18th, 2022
MLS#  4895880 Bedrooms  11 Garage Size   Car
List Price  350,000 Total Bathrooms  5 Year Built  1900
Type  Multi-Family Lot Size  0.3400 Acres Taxes $6,244
Units  5 Stories  2 Road Frontage  
Annual Income  $43,980 Style  Multi-Family Water Frontage  
Annual Expenses  $0 Finished  4,620 Sqft Construction  No, Existing
Zoning   Res Above Grade  4,620 Sqft Seasonal  No
Total Rooms  11 Below Grade  0 Sqft List Date  Jan 21st, 2022
Gross Income  $43,980 Operating Expenses  $0 Net Income  $28,575
Expenses Includes 
Unit 1   2 Beds, 1 Baths, $750/Monthly Unit 2   2 Beds, 1 Baths, $715/Monthly
Unit 3   3 Beds, 1 Baths, $750/Monthly Unit 4   2 Beds, 1 Baths, $700/Monthly
Unit 5   2 Beds, 1 Baths, $750/Monthly
ConstructionWood Frame
BasementInterior, Unfinished, Dirt
Interior Features
Exterior Features
Exterior  Wood Siding Disability Features  
Foundation  Block, Stone House Color  Blue
Floors   Building Certifications  
Roof  Metal HERS Index  
DirectionsRoute 15 (Lower Main Street) to Railroad Street. Property is on your left. See sign.
Lot Description, Level
Garage & Parking  No, , , On Site, 6+ Parking Spaces, Parking Spaces 6+
Road Frontage   Water Access  
Driveway  Gravel Water Type  
Flood Zone  Unknown Water Body  
Zoning  Res
School District  Lamoille North Middle  Lamoille Middle School
Elementary  Johnson Elementary School High  Lamoille UHSD #18
Heat Fuel  , Oil, Gas-Lp/Bottle Excluded  
Heating/Cool  None, Unvented Gas Heater Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Electric Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  336-104-10545
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† The remarks published on this webpage originate from Listed By Brian Armstrong 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.