Johnson, VT, 05656
Fantastic & unique chance to own two established rental properties in a convenient location! 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!
Generate income from multiple rental units, providing diversified revenue and reduced vacancy risk.
Multi-family properties offer excellent potential for scaling your real estate investment portfolio.
Perfect for investors looking to build a managed real estate portfolio with professional oversight.
$5,800 - $8,700
Estimated based on 0.8% - 1.2% of property value
8% - 12%
Based on typical multi-family returns