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Listed by Trombley & Day Group • BHHS Vermont Realty Group/Morrisville-Stowe
$725,000
Est. payment /mo
15 Beds
9 Baths
6,249 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,249 sqft
Price per Sqft $116
MLS Listing ID 5076430
Style Other
Bedrooms 15
Full Baths 9
Construction Status Existing
Year Built 1900
Annual Tax Amount $12,352
Tax Year 2025
Lot Size 0.500 Acres
Acres 0.5
Property Sub-Type Single Family
Property Description
Fantastic & unique chance to own two established rental properties in a convenient location! If you so desire, one of the units could be your primary home while the remaining units are used as income. 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
State VT
County Vt-lamoille
Area Vt-Lamoille
Zoning Village
Rooms
Basement Entrance Walkout
Basement Unfinished, Walkout
Interior
Heating Propane, Baseboard
Cooling None
Exterior
Parking Features No
Utilities Available Cable
Roof Type Metal
Building
Lot Description In Town
Story 2
Sewer Public
Water Public
Architectural Style Other
Construction Status Existing
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