59-78 Railroad St

—
Baths
6,249 Sq. Ft.
$116 / Sq. Ft.
6,249
Sq. Ft.
$116
per Sq. Ft.

Description

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...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!
  1. Listed by Trombley & Day Group • BHHS Vermont Realty Group/Morrisville-Stowe

Property Details for 59-78 Railroad Street

Zoning
Village
LISTING UPDATED: 01/23/2026 02:44 PM

Property Details for 59-78 Railroad Street

StatusActive
MLS #5074718
Days on Market1
Taxes$12,353 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1900
Lot Size0.50 AC / 21,780 SF
CountyLamoille County

Location

Listing Courtesy of BHHS Vermont Realty Group/Morrisville-Stowe
Add your commute

Building Information for 59-78 Railroad Street

Stories2Residences9Year Built1900Building Size-Lot Size0.50 AC / 21,780 SF

Payment Calculator

$4,563 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,534

Property Taxes

$1,029

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 59-78 Railroad Street

Summary
Location and General Information
  • City: Johnson
  • County: VT-Lamoille
  • Directions: From Morrisville: VT Route 15 to Johnson; left onto Railroad St; 59 is on the left and 78 is across the street.
  • Latitude: 44.634890269245808
  • Longitude: -72.681811915344241
  • Road Frontage: Yes
  • Seasonal: No
  • State: VT
  • Street Designation: Street
  • Zip Code: 05656
Taxes and HOA Information
  • SPAN Number: 336-104-11008
  • Tax Year: 2025
  • Taxes TBD: No
Parking
  • Garage: No
  • Driveway: Common/Shared, Gravel
Property
Lot Information
  • Lot Features: In Town
  • Lot Size Acres: 0.5
  • Road Frontage Length: 156.0
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: Yes
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1900
Utilities
  • Electric Company: Johnson Village Electric
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Public
  • Utilities: Cable
  • Separate Utilities: No
  • Internet: Cable Internet, Fiber Optic Internet
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame
  • Roof: Metal
Interior Features
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Unfinished, Walkout
  • Heating: Propane, Baseboard
  • Cooling: None
  • Total Stories: 2
Multi Family
Income & Expenses Information
  • Gross Income: $104,475.00
  • Net Income: $61,115.00
  • Operating Expense Incl: Heat, Insurance, Maintenance, Other, Sewer, Snow Removal, Trash, Water, Water/Sewer
  • Operating Expense: $43,360
Multi-Family Information
  • Total Units: 9
  • Total 1 BR Units: 5
  • Total 2 BR Units: 2
  • Total 3+ BR Units: 2
Unit Information
Unit 1
  • Unit 1 Bedrooms: 3
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Rental Amount: $1,400.00
Unit 2
  • Unit 2 Rooms: 1
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Rental Amount: $950.00
Unit 3
  • Unit 3 Rental Amt Freq: Monthly
  • Unit 3 Bedrooms: 1
  • Unit 3 Rental Amount: $875.00
Unit 4
  • Unit 4 Rental Amt Freq: Monthly
  • Unit 4 Bedrooms: 1
  • Unit 4 Rental Amount: $995.00
Unit 5
  • Unit 5 Rental Amt Freq: Monthly
  • Unit 5 Status: Vacant
  • Unit 5 Bedrooms: 2
  • Unit 5 Rental Amount: $1,000.00
Unit 6
  • Unit 6 Bedrooms: 3
  • Unit 6 Rental Amt Freq: Monthly
  • Unit 6 Rental Amount: $1,400.00
Unit 7
  • Unit 7 Bedrooms: 1
  • Unit 7 Rental Amt Freq: Monthly
  • Unit 7 Rental Amount: $1,100.00
Unit 8
  • Unit 8 Rental Amount: $1,100.00
  • Unit 8 Rental Amt Freq: Monthly
  • Unit 8 Bedrooms: 1

Property History for 59-78 Railroad Street

DateEvent & SourcePriceAppreciation
Jan 22, 2026

Listed (Active)

New England Real Estate Network #5074718

$725,000—
Aug 30, 2007

Sold

New England Real Estate Network #3041129

$450,000—
Jul 19, 2007

Pending

New England Real Estate Network #3041129

—
May 21, 2007

Listed (Active)

New England Real Estate Network #3041129

$450,000—
DateEvent & SourcePrice
01/22/2026

Listed (Active)

New England Real Estate Network #5074718

$725,000
08/30/2007

Sold

New England Real Estate Network #3041129

$450,000
07/19/2007

Pending

New England Real Estate Network #3041129

—
05/21/2007

Listed (Active)

New England Real Estate Network #3041129

$450,000

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

Schools near 59-78 Railroad Street

This home is within Lamoille North Modified Unified School District #058A.
Rating
School
Type
Grades
Distance
Public - PK to 6
Private - 2 to 12
Rating
School
Distance
Johnson Elementary School
PublicPK to 6

Laraway School
Private2 to 12

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.

Similar Homes

Similar Sold Homes

59-78 Railroad Street is a multi-family home for sale in Johnson, VT 05656. This property was listed for sale on January 22, 2026 by BHHS Vermont Realty Group/Morrisville-Stowe, it's currently listed at $725,000. It has been on the market for a total of 1 days and was last sold on August 30, 2007. This listing's school district is Lamoille North Modified Unified School District #058A. Nearby schools include Johnson Elementary School and Laraway School. 59-78 Railroad Street is a 12-bed, 0-bath, 6,249 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS Vermont Realty Group/Morrisville-Stowe

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 01/23/2026 08:07 PM