59 Railroad Street
59 Railroad Street
Johnson, VT 05656
$475,000
Price
8
Beds
6
Baths
2,844 Sq. Ft.
$167 / Sq. Ft.
2,844
Sq. Ft.
$167
per Sq. Ft.
Description
Fully rented 5-unit apartment building in the village of Johnson, Vermont. The building is structured with all units enjoying a private entrance. The building composition is: 1- two story 3 bedroom, 2 bath 2- one bedroom 3- studio 4- two story studio 5- second story 2 bedroom Four of the five units have been completely renovated with new flooring, paint, woodwork, cabinets and appliances. Building features a new LP gas heating system, new water heater, and new wiring throughout. A separate mechanical...Fully rented 5-unit apartment building in the village of Johnson, Vermont. The building is structured with all units enjoying a private entrance. The building composition is: 1- two story 3 bedroom, 2 bath 2- one bedroom 3- studio 4- two story studio 5- second story 2 bedroom Four of the five units have been completely renovated with new flooring, paint, woodwork, cabinets and appliances. Building features a new LP gas heating system, new water heater, and new wiring throughout. A separate mechanical room eliminates the need to access tenant space if ever the boiler or water heater require maintenance. All new windows and vinyl siding were installed in 2017. The roof is solid & does not leak but needs to be painted. Not all units are represented in the photos however all have similar style and quality and possess their unique charm. The vibrant and close-knit village of Johnson is in the heart of one of the fastest growing counties in Vermont. It is minutes away from skiing and snowboarding mountains, including Stowe, Smugglers' Notch, and Jay Peak. It is home to Vermont State University Johnson Campus, and this building is only 300 yards to the Lamoille Valley Rail trail which provides many recreational opportunities. Priced to sell at under $100k per unit.
- Listed by Jason Saphire • www.HomeZu.com
Property Details for 59 Railroad Street
Parking
Off Street, On-Site
ZoningNo
Location
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LISTING UPDATED: 03/22/2024 12:03 AM
Property Details for 59 Railroad Street
| Status | Active |
|---|---|
| MLS # | 4988883 |
| Days on Market | 45 |
| Taxes | $4,718 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 1900 |
| Lot Size | 0.13 AC / 5,662 SF |
| County | Lamoille County |
Location
Listing Courtesy of www.HomeZu.com
Add your commute
Building Information for 59 Railroad Street
Stories2Residences5Year Built1900Building Size-Lot Size0.13 AC / 5,662 SF
Payment Calculator
$2,985 per month
30 year fixed, 7.25% Interest
Principal and Interest
$2,592
Property Taxes
$393
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 59 Railroad Street
Summary
Location and General Information
- Area Description: Historic District, In Town, Near Paths, Near Skiing, Village
- City: Johnson
- County: VT-Lamoille
- Directions: 59 Railroad Street, Johnson, Vermont. From Route 15 building is on left hand side of the road. Parking in back.
- Latitude: 44.634884365377815
- Longitude: -72.680903542327883
- Road Frontage: Yes
- Seasonal: No
- State: VT
- Street Designation: Street
- Zip Code: 05656
Taxes and HOA Information
- SPAN Number: 33610411008
- Tax - Gross Amount: $4,718.00
- Tax Year: 2023
- Taxes TBD: No
Parking
- Garage: No
- Driveway: Gravel
Property
Lot Information
- Lot - Sqft: 5663.0
- Lot Features: Sidewalks, Trail/Near Trail, Walking Trails
- Lot Size Acres: 0.13
- Road Frontage Length: 64.0
- Square Feet Apx Finished Above Grade: 2844.0
- Square Feet Apx Finished AG Source: Appraiser
- Square Feet Apx Finished Below Grade: 0.0
- Square Feet Apx Finished BG Source: Appraiser
- Square Feet Apx Total: 2844.0
- Square Feet Apx Total Finished: 2844.0
- Square Feet Apx Unfinished Above Grade: 0.0
- Square Feet Apx Unfinished AG Source: Appraiser
- Square Feet Apx Unfinished Below Grade: 0.0
- Square Feet Apx Unfinished BG Source: Appraiser
Property and Assessments
- Assessment Amount: $193,500
- Assessment Year: 2022
- Property Class: Multi-Family
- Construction Status: Existing
- Easements: No
- Flood Zone: Yes
- Foundation: Concrete, Stone
- PreConstruction: No
- Surveyed: Unknown
- Year Built: 1900
Utilities
- Electric: Circuit Breaker(s)
- Sewer: Public Sewer at Street
- Water Source: Public Water - At Street
- Utilities: Cable - Available, DSL - Available, Gas - LP/Bottle
- Total Gas Meters: 1
- Total Electric Meters: 5
- Separate Utilities: Varies
- Internet: High Speed Intrnt -Avail, Internet - Cable
Interior and Exterior Features
Exterior Features
- Color: grey
- Construction Materials: Wood Frame
- Roads: Paved, Public
- Roof: Metal
- Total Ranges: 5
Interior Features
- Basement: Yes
- Basement Access Type: Interior
- Basement Description: Crawl Space, Dirt, Frost Wall, Full, No Tenant Access, Sump Pump
- Total Full Baths: 6
- Flooring: Laminate
- Heat Fuel: Gas - LP/Bottle
- Heating: Baseboard, Hot Water, Multi Zone
- Cooling: None
- Total Refrigerators: 5
- Total Stories: 2
- Total Water Heaters: 1
- Trash: Dumpster
Multi Family
Income & Expenses Information
- Gross Income: $57,300.00
- Net Income: $37,711.00
- Operating Expense Incl: Heat, Insurance, Maintenance, Other, Snow Removal, Trash, Utilities, Water/Sewer
- Operating Expense: $19,589
Multi-Family Information
- Total Units: 5
- Total 1 BR Units: 3
- Total 2 BR Units: 2
- Total 3+ BR Units: 3
- Total Heat Units: 1
Unit Information
Unit 1
- Unit 1 Baths: 2
- Unit 1 Bedrooms: 3
- Unit 1 Lease Term: Annual
- Unit 1 Level Number: 1
- Unit 1 Rental Amt Freq: Monthly
- Unit 1 Status: Leased
- Unit 1 Apx Sqft: 990.0
- Unit 1 Rooms: 7
- Unit 1 Rental Amount: $1,350.00
- Unit 1 Tenant Pays: Internet Service, TV Service
- Unit 1 Info: Heat Included, Range - Electric, Refrigerator
Unit 2
- Unit 2 Lease Term: Annual
- Unit 2 Baths: 1
- Unit 2 Rooms: 3
- Unit 2 Status: Leased
- Unit 2 Level Number: 1
- Unit 2 Rental Amt Freq: Monthly
- Unit 2 Apx Sqft: 412.0
- Unit 2 Bedrooms: 1
- Unit 2 Rental Amount: $725.00
- Unit 2 Info: Heat Included, Range - Electric, Refrigerator
- Unit 2 Tenant Pays: Electric, Internet Service, TV Service
Unit 3
- Unit 3 Lease Term: Annual
- Unit 3 Baths: 1
- Unit 3 Rooms: 3
- Unit 3 Level Number: 1
- Unit 3 Rental Amt Freq: Monthly
- Unit 3 Status: Leased
- Unit 3 Apx Sqft: 400.0
- Unit 3 Bedrooms: 1
- Unit 3 Rental Amount: $775.00
- Unit 3 Info: Heat Included, Range - Electric, Refrigerator
- Unit 3 Tenant Pays: Electric, Internet Service, TV Service
Unit 4
- Unit 4 Lease Term: Annual
- Unit 4 Level Number: 1 and 2
- Unit 4 Rental Amt Freq: Monthly
- Unit 4 Rooms: 3
- Unit 4 Baths: 1
- Unit 4 Apx Sqft: 370.0
- Unit 4 Bedrooms: 1
- Unit 4 Status: Leased
- Unit 4 Rental Amount: $925.00
- Unit 4 Info: Electric, Heat, Refrigerator
- Unit 4 Tenant Pays: Electric, Internet Service, TV Service
Unit 5
- Unit 5 Level Number: 2
- Unit 5 Rental Amt Freq: Monthly
- Unit 5 Status: Leased
- Unit 5 Baths: 1
- Unit 5 Bedrooms: 2
- Unit 5 Rooms: 4
- Unit 5 Apx Sqft: 672.0
- Unit 5 Lease Term: Annual
- Unit 5 Rental Amount: $950.00
- Unit 5 Info: Electric, Heat, Refrigerator
- Unit 5 Tenant Pays: Electric, Internet Service, TV Service
Property History for 59 Railroad Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 59 Railroad Street
Taxable ValueLand$13,900Additions$179,600Total$193,500
Tax Record2022$4,594 ($383 / month)
Home Facts
Total Finished SqFt2,817 SqFtAbove Grade Finished SqFt2,817 SqFtStories2Lot Size5,663 SqFtStyleOffice BuildingYear Built1900CountyLAMOILLEAPN(104) 500-035
Schools near 59 Railroad Street
This home is within Lamoille North Modified Unified School District #058A.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 6 |
Rating | School | Distance |
|---|---|---|
Johnson Elementary School PublicPK to 6 |
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 descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
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Copyright 2024 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 05/03/2024 11:54 PM
