59 Railroad Street

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.