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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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59 & 78 Railroad St , Johnson, VT 05656
$725,000
Est. Payment: $1,611.11/mo
12 Bed
1 Bath
6249 Sqft
Status: Active | Days on site: 89
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4232 - 620223
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

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!
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Highlights

Listed by Trombley & Day Group , 802-888-0021 BHHS Vermont Realty Group/Morrisville-Stowe , 802-888-0021.

Property Type

Multi-Family
Lot/Acreage
0.5

Year Built

1900

County

Lamoille

Listing ID

5074718

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:12
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:
  • ▪ 1/4 Bathrooms:1
Above Ground Sq Ft:6249
Basement:Yes,Unfinished,Walkout

Exterior Features

Lot:Existing
Zoning:Village
Roof:Metal
Sewer:Public
Principal Interest
$1,611
Taxes
$1,029

Home Price

$725,000

Loan Details

30 yrs
%

Down Payment

20%
$145,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,611.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,611.11 $1,029.41 $0.00 $2,640.52
Yearly $19,333.33 $12,352.91 $0.00 $31,686.24
Total $580,000.00 $370,587.30 $0.00 $950,587.30

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Johnson, VT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.