NOT LISTED FOR SALE

58 Railroad St Johnson, VT 05656

8 Beds
4 Baths
3,752 Sq Ft
6,534 Sq Ft Lot

Sale Details

Date Sold: November 28, 2023

Last sale price $350,000 $93 Per Sq Ft

9 Days on Market

About This Home

As of November 2023

Opportunity awaits! This building suffered 1st floor damage from the flood, had a mitigation company in within 24 hours and the 1st floor is gutted down to the studs. The 2nd floor suffered no damage. Ideal for a contractor or someone looking for a project. Recent NOI was approx. $60K per year. This recently built 4 unit multi-family conveniently located in downtown Johnson. Each unit has an open floor plan for kitchen, dining, and living. 2 large closets on the main levels offer storage for your tenants. Upstairs you will find 2 well-appointed bedrooms and a full bath. Plenty of parking for your tenants. This property has a strong rental history, income, and comes with existing long-term tenants in place. Rent includes trash, plowing, water/sewer, and general maintenance. Tenants pay electric, internet, and cable. Heat is electric, but each unit has it's own Mitsubishi multi-zone, high-efficiency heat/AC unit. Each unit has its own. Each room has its own controls. Extremely powerful and efficient. Each unit also has washer/dryer hookups but there is a laundromat across the street if tenants prefer. SOLD AS IS.

Last Agent to Sell the Property

Smith Macdonald Group

Coldwell Banker Carlson Real Estate License #081.0133999 Listed on: 09/24/2023

Coldwell Banker Carlson Real Estate

Last Buyer's Agent

Trombley & Day Group

BHHS Vermont Realty Group/Morrisville-Stowe License #081.0004093

BHHS Vermont Realty Group/Morrisville-Stowe

Property Details

Home Type

  • Apartment

Year Built

  • Built in 2017

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Sloped Up

Parking

  • Dirt Driveway

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,752 Sq Ft Home
  • 2-Story Property

Schools

  • Johnson Elementary School
  • Lamoille Middle School
  • Lamoille Uhsd #18 High School

Utilities

  • Heating Available
  • Water Heater
  • Internet Available

Community Details

  • 4 Units

Property Details

Home Type

Apartment

Year Built

Built in 2017

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Directions: From the traffic circle in Hyde Park take Rt 15 4.6 miles, then take a left onto Railroad Street, and property will be on your right.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 93.28
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3752
  • Sq Ft - Apx Total Finished: 3752
  • Year Built: 2017
  • List Agent: 19426
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Sq Ft - Apx Finished AG: 3752

Exterior Features

  • Construction: Wood Frame
  • Driveway: Dirt
  • Exterior: Vinyl Siding
  • Foundation: Slab - Concrete
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Owned
  • Heating Fuel: Electric
  • Cooling: Individual
  • Utilities: Internet - Fixed Wireless

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Johnson Elementary School
  • High School: Lamoille UHSD #18

Lot Info

  • Lot Sq Ft: 6534
  • Lot Acres: 0.15
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: Johnson village
  • Deed Book: 146
  • Deed Page: 269
  • Deed Recorded Type: Warranty

Multi Family

  • Total Units: 4
  • Total2 Bedroom Units: 4

Tax Info

  • Tax Gross Amount: 9175
  • Tax Year: 2023

MLS Schools

  • School District: Lamoille North
  • School Middle Jr: Lamoille Middle School
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/28/2023 11/28/23 Sold $350,000 0.0% $93 / Sq Ft
10/03/2023 10/03/23 Pending -- -- --
09/24/2023 09/24/23 For Sale $350,000 -9.1% $93 / Sq Ft
03/07/2019 03/07/19 Sold $385,000 -3.7% $110 / Sq Ft View Prior Sale
01/16/2019 01/16/19 Pending -- -- --
12/13/2018 12/13/18 For Sale $399,900 -- $114 / Sq Ft
Source: PrimeMLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,548 $376,300 $14,500 $361,800
2023 $5,837 $376,300 $14,500 $361,800
2022 $8,931 $376,300 $14,500 $361,800
2021 $9,261 $376,300 $14,500 $361,800
2020 $9,255 $376,300 $14,500 $361,800
2019 $7,645 $306,000 $27,000 $279,000
2018 $7,264 $306,000 $27,000 $279,000
2017 $1,654 $75,000 $27,000 $48,000
2016 $4,856 $224,700 $27,000 $197,700
2015 -- $2,247 $0 $0
2014 -- $2,247 $0 $0
2013 -- $2,247 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4971315

PrimeMLS

APN: (104) 500-030

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