Pall Spera Company Realtors-Stowe, VT
Pall Spera Company Realtors-Stowe, VT
Teresa Merelman, Broker, Pall Spera Company Realtors-Stowe, VTPhone: (802) 793-5171
Email: [email protected]
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Listed by: Trombley & Day Group from BHHS Vermont Realty Group/Morrisville-Stowe, 802-793-6584 Sold by Trombley & Day Group, BHHS Vermont Realty Group/Morrisville-Stowe
Multi-FamilySold
List Price $895,000
Sold Price $865,000
286 288 294 Railroad Street
Johnson, VT 05656
MLS: Prime MLS
8,289Sq Ft
Est. Mortgage
$4,720/mo

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.

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Information courtesy of BHHS Vermont Realty Group/Morrisville-Stowe is subject to verification and is not guaranteed.
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