
Johnson, VT59 & 78 Railroad Street
Price$725,000
Est. Mortgage: $/month
MLS Number 5074718
- Multifamily
- Units 9
- Acreage 0.5
- Square Feet 6,249
- Area VT-Lamoille
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!
Listed by Trombley & Day Group of BHHS Vermont Realty Group/Morrisville-Stowe
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