
59 & 78 Railroad Street, Johnson, VT 05656
VT-Lamoille County
Key Facts
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!
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Other
Year Built
1900
Stories
2
Living Area
8,525 sq ft
Lot Size
0.50 acres
Zoning
Village
Days on Market
68
MLS® Listing#
5076430
Property Features
Interior
Cooling
Heating
Basement
Parking
Construction
Foundation
Roof
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$12,353
Tax year 2025
Directions
From Morrisville: VT Route 15 to Johnson; left onto Railroad St; 59 is on the left and 78 is across the street.
Affordability Calculator
$145,000
Estimated monthly payment
$3,859/mo
Principal $580,000 · Est. interest $809,152 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Johnson, VT
- $400,000
- Median Listing Price
- 160
- Median Days on Market
- 2,157
- Median Sq Ft
- $177
- Median Price / Sq Ft
- 28
- Active Listings
- This home’s price is 81% above the area median.
- Its price per sq ft is 52% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Johnson, VT.