Beds |
Baths |
Half Baths |
Sqr Footage |
Acres |
Built |
11 |
5 |
0 |
3,284 |
0.51 |
1880 |
You won't want to miss out on this amazingly updated and profitable 5 unit updated property in downtown Johnson with monthly income of $3,500/month - with room to increase rent to $3,950. With this home there is a possibility of living in the property AND earning over $1,000/month. Or purchase as an investment - and when fully leased can earn over $1,625 each month. Where else can you have the potential earnings of over 26% cash on cash return. As a value add, a new owner may be able to build more units on this property due to current zoning in Johnson, VT. You and your tenants will enjoy the charm of historic features throughout and the ample onsite parking. All units are easy to rent with the local Johnson State College, and there is room for an additional $450/month by renting unit #5 as a 3 bedroom instead of a 2 bedroom. Owners have updated all heating systems, many windows and each units has been recently updated. Ease of ownership throughout with vinyl siding, updated kitchens, updated windows and tenants that pay all their own utilities! Hardwired smokes in each unit, separate electric meters and each unit has their own propane tank. Each unit includes back up electric baseboard heat in addition to the affordable propane heat option. And if you're looking for a space to store your grown up toys, look no further than the detached garage with new vinyl siding (or rent it out).
Price History
| 8/17/2017 |
Listed $275,000
|
| 11/2/2017 |
8% - $255,000 |
| 11/29/2017 |
6% - $240,000 |
| Area Description |
In Town, Near Shopping, Village |
| Construction |
Other |
| Construction Status |
Existing |
| Elementary School |
Johnson Elementary School |
| High School |
Lamoille UHSD #18 |
| Middle School |
Lamoille Middle School |
| School District |
Johnson School District |
| Total Heat Units |
5 |
| Total Rooms Above Ground |
21 |
| Trash |
Owner |
| Type |
Multi-Family |
| Unit 1 Level Number |
2 |
| Unit 2 Level Number |
1 |
| Unit 3 Level Number |
1 |
| Unit 4 Level Number |
1 |
| Unit 5 Info |
CO Detector, Cooktop - Electric, Heat - Gas, Range - Electric, Refrigerator, Smoke Detector |
| Unit 5 Level Number |
2 |
| Village/dist/locale |
Johnson |
| Zoning |
No zoning. |
Interior Features
| Basement |
Yes |
| Basement Access Type |
Walkout |
| Basement Description |
Dirt Floor |
| Cooling |
None |
| Electric |
Circuit Breaker(s) |
| Flooring |
Carpet, Combination, Laminate, Vinyl |
| Heating |
Baseboard, Electric, Individual, Space Heater |
| Heating Fuel |
Electric, Gas - LP/Bottle |
| Sqft-apx Fin Above Grade |
3284 |
| Sqft-apx Fin Below Grade |
0 |
| Sqft-apx Total |
3284 |
| Sqft-apx Total Finished |
3284 |
| Sqft-apx Unfn Above Grade |
0 |
| Sqft-apx Unfn Below Grade |
0 |
| Total 1 Br Units |
1 |
| Total 2 Br Units |
2 |
| Total 3+ Br Units |
2 |
| Total Number of Units |
5 |
| Total Ranges |
5 |
| Total Refrigerators |
5 |
| Total Water Heaters |
5 |
| Unit 1 Info |
Appliances Included, CO Detector, Cooktop - Electric, Heat - Gas, Refrigerator, Smoke Detector |
| Unit 1 Rooms |
6 |
| Unit 2 Info |
Appliances Included, CO Detector, Cooktop - Electric, Smoke Detector |
| Unit 2 Rooms |
3 |
| Unit 3 Info |
CO Detector, Cooktop - Electric, Heat - Gas, Range - Electric, Smoke Detector |
| Unit 3 Rooms |
4 |
| Unit 4 Info |
CO Detector, Cooktop - Electric, Heat - Gas, Range - Electric, Smoke Detector |
| Unit 4 Rooms |
4 |
| Unit 5 Baths |
1 |
| Unit 5 Bedrooms |
3 |
| Unit 5 Rooms |
5 |
| Water Heater |
Electric |
Exterior Features
| Driveway |
Crushed Stone |
| Exterior |
Vinyl |
| Exterior Features |
Natural Shade, Outbuilding, Porch - Covered, Windows - Double Pane |
| Foundation |
Stone |
| Garage |
Yes |
| Garage Capacity |
1 |
| Garage Type |
Detached |
| Lot Description |
Rental Complex |
| Lot Size Area |
0.51 |
| Parking |
Driveway, Garage, Off Street, On-Site, Parking Spaces 6+, Unassigned, Visitor |
| Road Frontage |
Yes |
| Road Frontage Length |
150 |
| Roads |
Public |
| Roof |
Metal |
| Sewer |
Public |
| Total Gas Meters |
5 |
| Unit 5 Style |
Rent could be $1, 050. |
| Water |
Public |
Property
Schools
Direct Link:
http://john.welcomehomevermont.com/property/85-4654195-140-Vt-Route-100c-Johnson-VT-05656
Español
Francais
Deutsch
Italiano
Portugues 
Chinese 
Russian 
John enjoys assisting buyers and sellers of Chittenden County and Lake Champlain properties and he strives to ensure every family feels confident when buying or selling a home.
Copyright 2017 New England Real Estate Network, 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 NEREN. 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 April 19, 2018 4:25 AM.