Listing courtesy of PRIME_MLS / Smith Macdonald Group / Coldwell Banker Carlson Real Estate, BHHS Vermont Realty Group/Morrisville

58 Railroad
Johnson, VT 05656

  • – beds
  • – baths
  • 3,752 sqft
  • 6,534 sqft lot
  • $93 per sqft
  • 2017 build
  • on site

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Opportunity awaits! This building suffered 1st floor damage from the flood, had a mitigation company in within 24 hours and the 1st floor is gutted down to the studs. The 2nd floor suffered no damage. Ideal for a contractor or someone looking for a project. Recent NOI was approx. $60K per year. This recently built 4 unit multi-family conveniently located in downtown Johnson. Each unit has an open floor plan for kitchen, dining, and living. 2 large closets on the main levels offer storage for your tenants. Upstairs you will find 2 well-appointed bedrooms and a full bath. Plenty of parking for your tenants. This property has a strong rental history, income, and comes with existing long-term tenants in place. Rent includes trash, plowing, water/sewer, and general maintenance. Tenants pay electric, internet, and cable. Heat is electric, but each unit has it's own Mitsubishi multi-zone, high-efficiency heat/AC unit. Each unit has its own. Each room has its own controls. Extremely powerful and efficient. Each unit also has washer/dryer hookups but there is a laundromat across the street if tenants prefer. SOLD AS IS.

Listing courtesy of PRIME_MLS / Smith Macdonald Group / Coldwell Banker Carlson Real Estate, BHHS Vermont Realty Group/Morrisville

Last checked: Checking… • Last updated Nov 30, 2023 •

MLS# 4971315 —

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Sale history

Date Event Source Price % Change
11/28/23
Sold PRIME_MLS $350,000
10/3/23
Sold Subject To Contingencies PRIME_MLS $350,000
9/24/23
Listed / Active PRIME_MLS $350,000

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Multifamily Sold on 11/28/2023

$350,000

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Listing provided by broker:

Smith Macdonald Group

Coldwell Banker Carlson Real Estate, BHHS Vermont Realty Group/Morrisville

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Listing Courtesy of: PRIME_MLS and Coldwell Banker Carlson Real Estate, BHHS Vermont Realty Group/Morrisville.

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