59 & 78 Railroad Street,Johnson, VT 05656
Johnson, VT 05656
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!
Details
| MLS # | 5076430 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | (10) Active - Active |
| Year | 1900 |
| Days On Site | 189 |
| Listing Provided By | BHHS Vermont Realty Group/Morrisville-Stowe | Trombley & Day Group |
Features
| Bed(s) | 15 |
|---|---|
| Bath(s) | 9 Total |
| Basement | Y |
| Story(s) | 2 |
| Zoning | Village |
| Acreage | 0.50 |
Interior
| Rooms Total | 33 |
|---|---|
| Cooling | None |
| Heating | Propane, Baseboard |
Exterior
| Roof | Metal |
|---|---|
| Construction Materials | Wood Frame |
| Foundation Details | Stone |
| Lot Features | In Town |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Utilities | Cable |
|---|---|
| Electric | Circuit Breakers |
| Sewer | Public Sewer |
Taxes
| Tax Annual Amount | 12352.91 |
|---|---|
| Tax Year | 2025 |
Area Information
| State | VT |
|---|---|
| County | Lamoille |
| City | Johnson |
| Zip Code | 05656 |
| Area | VT Lamoille |
| Listing VS Median (in 05656) | |
Price: $725,000 low | high Med: $0 On site: 189 low | high Med: | |
Market Activity 05656
Request a showing
Request a showing
_20230518140439.png){kind=small}
Copyright 2026 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Contact
Learn More About This Property
| State | VT |
|---|---|
| County | Lamoille |
| City | Johnson |
| Zip Code | 05656 |
| Area | VT Lamoille |
| Listing VS Median (in 05656) | |
Price: $725,000 low | high Med: $0 On site: 189 low | high Med: | |
