Johnson, VT 05656,32 St Johns ST
Listed by Ashley St. Gelais • Preferred Properties
Bought with Ashley St. Gelais • Preferred Properties
$155,500
$175,000
11.1%
Est.Price: ?

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5 BD
3 BA
2,889 SqFt

32 St Johns ST Johnson, VT 05656

Est. payment /mo
SOLD DATE : 05/22/2018

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Chris Blauvelt

Chris Blauvelt

William Raveis Real Estate

+1(781) 475-0756

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $155,500

Property Type Multi-Family

Sub Type Apartment Building

Listing Status Sold

Purchase Type For Sale

Square Footage 2,889 sqft

Price per Sqft $53

MLS Listing ID 4673828

Sold Date 05/22/18

Style Apartment Building

Bedrooms 5

Full Baths 3

Construction Status Existing

Year Built 1850

Annual Tax Amount $4,287

Tax Year 2018

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type Apartment Building

Property Description

This amazingly tidy investment or owner occupied TRIPLEX has the opportunity to earn you a 26% return on your investment at current rents. Starting in June 2018, you can expect an extra $400 (increase in rents) raising your potential profits to 35% (cash on cash) with a CAP rate of 13.3%. And don't forget the positive cash flow is just 1 of 4 ways you earn through rental real estate ownership. Looking to owner occupy? We'll show you how with just 3.5% down you could live in this home for free AND EARN $290/month. This home is not only an amazing cash flow opportunity - it also has amazing historical value. It's the 2nd oldest building in town and was moved from a different location. Charm throughout with original woodwork and hand-hewn beams. At that time the basement was dug and poured with concrete to provide an amazing lower level apartment. No detail has been left untouched with convenient vinyl siding, rain gutters, new porch roof and new highly efficient heating system, costing just $1,500/year to heat all units. These spacious, bright units are easy to rent and are very well maintained. Two 2 bedroom units on floor 1 and 2 and a very large 1 bedroom on the lower level complete with a private porch. Don't miss out on adding this to your real estate portfolio. They don't come this PROFITABLE and this CLEAN very often.

Location

State VT

County Vt-lamoille

Area Vt-Lamoille

Zoning Residential

Rooms

Basement Entrance Walk-up

Basement Apartments, Bulkhead, Slab, Stairs - Interior

Interior

Heating Gas - LP/Bottle

Cooling None

Flooring Carpet, Combination, Laminate

Exterior

Exterior Feature Vinyl Siding

Garage Description Off Street, On-Site

Roof Type Metal

Building

Lot Description Rental Complex

Story 2

Foundation Concrete

Sewer Public

Water Public

Construction Status Existing

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Chris Blauvelt
Chris Blauvelt

REALTOR®

+1(781) 475-0756 | chris.blauvelt@raveis.com

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