59 & 78 Railroad St, Johnson, VT 05656
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Overview
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!
Location
Full feature list
Basic info
- Property type
- Other residential
- Number of stories
- 2
- Lot size (acres)
- 0.50
- Year built
- 1900
Interior features
- Basement
- Yes, Finished
Utilities
- Heating
- Propane, Baseboard
- Cooling
- None
Public schools
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Sourced from: PrimeMLS MLS®#: 5074718 Last checked: …
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