294 Railroad Street

Closed 9/30/22

Sold

Last Sold Price

$865,000

15 beds8,289 sqft

294 Railroad St, Johnson, VT 05656

Multi FamilyProperty Type

1 acresLot Size

1900Year Built

$104/sq ftPrice per sq ft

Description

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...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.

Sold By BHHS Vermont Realty Group/Morrisville

Listed by: Trombley & Day Group • BHHS Vermont Realty Group/Morrisville

Listing closed: 09/30/2022 12:00 AM • Source: New England Real Estate Network, MLS#: 4915303

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$5,819 per month

30 year fixed, 7.03% Interest

Principal and Interest

$4,618

Property Taxes

$1,202

HOA Dues

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Property Information for 294 Railroad Street

Property Details

Taxes: $14,418 / year
MLS Type: Multi Family
County: Lamoille County
Zoning: no zoning

Building Information

Stories: 2
Residences: 11
Year Built: 1900
Lot Size: 1.00 AC / 43,560 SF

Summary

Location and General Information

City: Johnson
County: VT-Lamoille

Directions: From Vermont Route 15 in the Center of Johnson village towards Hyde Park: Turn right onto Railroad St. Properties are just before the bridge on the right.
Latitude: 44.632823539583256
Longitude: -72.684619271163939
Road Frontage: TBD
Seasonal: No
State: VT
Street Designation: Street
Zip Code: 05656

Taxes and HOA Information

SPAN Number: 336-104-10113
Tax - Gross Amount: $14,417.53

Tax Year: 2022
Taxes TBD: No

Parking

Garage: No
Driveway: Paved

Property

Lot Information

Lot - Sqft: 43560.0
Lot Size Acres: 1.0

Square Feet Apx Finished Above Grade: 8289.0
Square Feet Apx Finished AG Source: Other
Square Feet Apx Finished Below Grade: 0.0
Square Feet Apx Total: 8289.0
Square Feet Apx Total Finished: 8289.0
Square Feet Apx Unfinished Above Grade: 0.0
Square Feet Apx Unfinished Below Grade: 0.0

Property and Assessments

Property Class: Multi-Family
Flood Zone: Yes

Foundation: Other
PreConstruction: No
Surveyed: Unknown
Year Built: 1900

Utilities

Electric: Circuit Breaker(s)
Sewer: Public

Utilities: Cable, Phone

Interior and Exterior Features

Exterior Features

Color: White
Roads: Paved, Public

Roof: Other

Interior Features

Basement: Yes
Basement Access Type: Walkout

Basement Description: Partial, Slab, Unfinished
Heat Fuel: Electric, Oil
Heating: Baseboard, Wall Units
Cooling: None
Total Stories: 2

Multi Family

Income & Expenses Information

Gross Income: $107,229.00
Net Income: $54,756.00

Operating Expense Incl: Heat, Insurance, Maintenance, Snow Removal, Trash, Utilities, Water/Sewer
Operating Expense: $52,473

Multi-Family Information

Total Units: 11
Total 1 BR Units: 2

Total 2 BR Units: 8
Total 3+ BR Units: 0

Unit Information

Unit 1

Unit 1 Bedrooms: 2
Unit 1 Lease Term: Month to Month

Unit 1 Rental Amt Freq: Monthly
Unit 1 Status: Month to Month
Unit 1 Rental Amount: $900.00

Unit 2

Unit 2 Lease Term: Month to Month
Unit 2 Status: Month to Month

Unit 2 Rental Amt Freq: Monthly
Unit 2 Bedrooms: 2
Unit 2 Rental Amount: $850.00

Unit 3

Unit 3 Lease Term: Month to Month
Unit 3 Rental Amt Freq: Monthly

Unit 3 Status: Month to Month
Unit 3 Bedrooms: 2
Unit 3 Rental Amount: $875.00

Unit 4

Unit 4 Lease Term: Month to Month
Unit 4 Rental Amt Freq: Monthly

Unit 4 Bedrooms: 2
Unit 4 Status: Month to Month
Unit 4 Rental Amount: $930.00

Unit 5

Unit 5 Rental Agreement: Yes
Unit 5 Rental Amt Freq: Monthly

Unit 5 Status: Month to Month
Unit 5 Bedrooms: 1
Unit 5 Lease Term: Month to Month
Unit 5 Rental Amount: $700.00

Unit 6

Unit 6 Rental Agreement: No
Unit 6 Lease Term: Month to Month

Unit 6 Bedrooms: 2
Unit 6 Rental Amt Freq: Monthly
Unit 6 Status: Month to Month

Unit 7

Unit 7 Bedrooms: 2
Unit 7 Rental Agreement: Yes

Unit 7 Lease Term: Month to Month
Unit 7 Rental Amt Freq: Monthly
Unit 7 Status: Month to Month
Unit 7 Rental Amount: $1,000.00

Unit 8

Unit 8 Rental Amount: $950.00
Unit 8 Rental Agreement: Yes

Unit 8 Lease Term: Month to Month
Unit 8 Rental Amt Freq: Monthly
Unit 8 Status: Month to Month
Unit 8 Bedrooms: 2

Property History for 294 Railroad Street

Date	Event & Source	Price	Appreciation
Sep 30, 2022	Sold (Public Record) Public Record #1499256255	$865,000	—
Sep 30, 2022	Sold New England Real Estate Network #4915303	$865,000	—
Sep 8, 2022	Pending New England Real Estate Network #4915303		—
Jul 14, 2022	Active Under Contract New England Real Estate Network #4915303		—
Jun 13, 2022	Listed (Active) New England Real Estate Network #4915303	$895,000	—

Date	Event & Source	Price
09/30/2022	Sold (Public Record) Public Record #1499256255	$865,000
09/30/2022	Sold New England Real Estate Network #4915303	$865,000
09/08/2022	Pending New England Real Estate Network #4915303	—
07/14/2022	Active Under Contract New England Real Estate Network #4915303	—
06/13/2022	Listed (Active) New England Real Estate Network #4915303	$895,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

294 Railroad Street

Lot Size

43,560 SqFt

Style

Office Building

County

LAMOILLE

APN

(104) 500-180

Schools near 294 Railroad Street

This home is within Lamoille North Modified Unified School District #058A.


Rating	School	Type	Grades	Distance
4/10	Johnson Elementary School	Public - Serves this home	PK to 6	0.6 mi
NR	Laraway School	Private - Nearby school	2 to 12	0.7 mi


Rating	School	Distance
4/10	Johnson Elementary School PublicPK to 6 Serves this home	0.6 mi
NR	Laraway School Private2 to 12 Nearby school	0.7 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS Vermont Realty Group/Morrisville

Copyright 2026 PrimeMLS, Inc. 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. Data last updated 10/11/2026 12:19 PM