Bought with Trombley & Day Group with BHHS Vermont Realty Group/Morrisville-Stowe and Listed by with BHHS Vermont Realty Group/Morrisville-Stowe

Sold

286 288 294 Railroad Street

Johnson VT, 05656

$865,000


$104.36 per sqft

Sold

15 Beds

8,289 sqft

Multi-family

Built in 1900

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.

4915303

MLS ID

June 13, 2022

Listed

February 19, 2024

Updated

Map

286 288 294 Railroad Street
Johnson VT, 05656

Interior Features

Bedrooms

15 Beds


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Baseboard, Wall Units, Electric, Oil

Exterior/Building Features

Lot Size

1 Acre


Lot Features

City Lot


Architectual Style

Multi-Family


Roof

Other


Sewer

Public

School Information

School District

Month to Month

Other Property Details

Area Name

VT-Lamoille


Taxes

$14,418


Tax Frequency

Annually


Days on Market

30


Garage

No


View

No


County

Month to Month


Water Source

Public


Pool

No


Buyer Agency Compensation

3%

Bought with Trombley & Day Group with BHHS Vermont Realty Group/Morrisville-Stowe and Listed by with BHHS Vermont Realty Group/Morrisville-Stowe 

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