286 288 294 Railroad StreetJohnson, VT 05656MLS Number 4915303

  • Price: $895,000
  • Est. Mortgage of $/month
  • 109 Days on Market
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Federal 30-year interest rate: 6.29% last updated on Sep 22, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Active with Contract
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  • 1Acreage
  • 1900Year Built
  • 8,289Square Feet

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Listed by Trombley & Day Group of BHHS Vermont Realty Group/Morrisville
A wonderful and established investment opportunity in the heart of Johnson! This multi-family property consists of three buildings and a total of 11 units. Located on Railroad Street, everything that Johnson Village has to offer is within walking distance. A quick approximate 100 yards from the biking rail trail, this property has attracted many nature loving and active outdoor type tenants over the years- it's the perfect spot for the outdoor enthusiast! With a large backyard on the shoreline of the Lamoille River, there is access for kayaking, tubing, swimming and fishing, as well as postcard views where the Lamoille converges with the Gihon River. All units have been remodeled and/or upgraded in the fourteen years that the sellers have owned it. Improvements to the property include roofing upgrades, vinyl siding, laundry room appliance upgrades, sewer line replacement, hot water heaters replaced, a new oil tank in unit 2, extended/enlarged decks on 3 units, and security cameras installed in the parking lot. This property has a strong rental history and is the perfect opportunity to own a proven investment. Building 1 was built in approximately 1900; buildings 2 & 3 in 1988 & 1991, respectively.

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More Info

Basic Information

  • StatusActive With Contract
  • List Price$895,000
  • MLS Number4915303
  • MLS StatusActive Under Contract

Property

  • Acreage1
  • Parking Spaces
  • Lot DescriptionCity Lot
  • Square Feet8,289
  • APX Fin AG Sqft8,289
  • RoadsPaved, Public

Other

  • Taxes$14,418
  • Seasonal Y/NNo
  • Unit 1 Deposit$900
  • Unit 2 Rent Amount$850
  • Unit 3 Rent Amount$875
  • Unit 4 Rent amount$930
  • Unit 5 Rent amount$700
  • Unit 7 Rent amount$1,000
  • Unit 8 Rent amount$950
  • View Count2

Location

  • TownJohnson
  • StateVT
  • Zip05656
  • CountyLamoille
  • Zoningno zoning
  • Flood Zone Y/NYes

Exterior

  • ExteriorOther
  • RoofOther
  • Exterior ColorWhite

Utilities

  • Heat FuelElectric, Oil
  • Heat SystemBaseboard, Wall Units
  • UtilitiesCable, Phone
  • WaterPublic
  • Water HeaterOther
  • ElectricCircuit Breaker(s)
  • SewerPublic

Building

  • Year Built1900
  • Building ConstructionWood Frame
  • StyleMulti-Family
  • Units11
  • Unit 1 Bedrooms2
  • Unit 2 Bedrooms2
  • Unit 3 Bedrooms2
  • Unit 5 Bedrooms1
  • Unit 6 Bedrooms2
  • # of 1 Bedrooms2
  • Unit 7 Bedrooms2
  • # of 2 Bedrooms8
  • Unit 8 Bedrooms2
  • BasementPartial, Slab, Unfinished
  • FoundationOther
Dave Chenette | Chenette Real Estate
Dave Chenette | Chenette Real Estate
Office: 802-264-1991
30 Kimball Ave, Suite 201
South Burlington, VT 05403
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Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This display of listings may or may not be the entire Compilation from the NEREN database, and NEREN does not guarantee the accuracy of such information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated September 29, 2022 2:27 PM EDT.

 

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