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58 Railroad StreetJohnson, VT 05656Sale Price: $350,000

  • Sale Price: $350,000
  • 173 Days Since Sale
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Federal 30-year interest rate: 7.02% last updated on May 16, 2024
* 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.
  • $350,000List Price
  • 0.15Acreage
  • 3,752Square Feet
Listed by Smith Macdonald Group of Coldwell Banker Carlson Real Estate

Listing Sold by BHHS Vermont Realty Group/Morrisville-Stowe

Listing Tools

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.

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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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 May 18, 2024 10:09 PM EDT

 

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