Bought with Trombley & Day Group • BHHS Vermont Realty Group/Morrisville
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286 288 294 Railroad ST Johnson, VT 05656
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Key Details
Sold Price $865,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 8,289 sqft
Price per Sqft $104
MLS Listing ID 4915303
Sold Date 09/30/22
Style Multi-Family
Bedrooms 15
Construction Status Existing
Year Built 1900
Annual Tax Amount $14,417
Tax Year 2022
Lot Size 1.000 Acres
Acres 1.0
Property Sub-Type Multi-Family
Property Description
A wonderful and established investment opportunity in the heart of Johnson! This multi-family property consists of three buildings and a total of 11 units. Located on Railroad Street, everything that Johnson Village has to offer is within walking distance. A quick approximate 100 yards from the biking rail trail, this property has attracted many nature loving and active outdoor type tenants over the years- it's the perfect spot for the outdoor enthusiast! With a large backyard on the shoreline of the Lamoille River, there is access for kayaking, tubing, swimming and fishing, as well as postcard views where the Lamoille converges with the Gihon River. All units have been remodeled and/or upgraded in the fourteen years that the sellers have owned it. Improvements to the property include roofing upgrades, vinyl siding, laundry room appliance upgrades, sewer line replacement, hot water heaters replaced, a new oil tank in unit 2, extended/enlarged decks on 3 units, and security cameras installed in the parking lot. This property has a strong rental history and is the perfect opportunity to own a proven investment. Building 1 was built in approximately 1900; buildings 2 & 3 in 1988 & 1991, respectively.
Location
State VT
County Vt-lamoille
Area Vt-Lamoille
Zoning no zoning
Rooms
Basement Entrance Walkout
Basement Partial, Slab, Unfinished
Interior
Heating Electric, Oil
Cooling None
Exterior
Exterior Feature Other
Utilities Available Cable, Phone
Roof Type Other
Building
Lot Description City Lot
Story 2
Foundation Other
Sewer Public
Water Public
Construction Status Existing
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