140 Vt Route 100cJohnson, VT 05656MLS Number 4654195

  • Sale Price: $217,500
  • 202 Days Since Sale
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Federal 30-year interest rate: 3.81% last updated on Jul 18, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.51Acreage
  • 5Bathroom
  • 1880Year Built
  • 3,284Square Feet

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Listed by Ashley St. Gelais of Preferred Properties

Listing Sold by Susan Martin & Co. Realtors

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).

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More Info

Basic Information

  • StatusSLD
  • Property TypeMulti-Family
  • List Price$225,000
  • Date Price Change07/27/2018
  • MLS Number4654195
  • Sale Date01/02/2019

Property

  • Acreage0.51
  • Parking Spaces1
  • Square Feet3,284
  • APX Fin AG Sqft3,284
  • Road Frontage150
  • RoadsPublic
  • Lot DescriptionIn Town, Near Shopping, Village Rental Complex

Utilities

  • Heat FuelElectric, Gas - LP/Bottle
  • Heat SystemBaseboard, Electric, Individual, Space Heater
  • WaterPublic
  • Water HeaterElectric
  • ElectricCircuit Breaker(s)
  • SewerPublic

Location

  • VillageJohnson
  • TownJohnson
  • StateVT
  • Zip05656
  • CountyLamoille
  • ZoningNo zoning.
  • Elementary SchoolJohnson Elementary School
  • Junior HighLamoille Middle School
  • High SchoolLamoille UHSD #18
  • Flood Zone Y/NNo

Interior

  • FloorsCarpet, Combination, Laminate, Vinyl

Exterior

  • ExteriorVinyl
  • RoofMetal
  • Exterior ColorWhite

Amenities

  • Exterior AmenitiesNatural Shade, Outbuilding, Porch - Covered, Windows - Double Pane

Other

  • Taxes$5,486
  • Tax Yr17
  • Seasonal Y/NNo
  • Operating ExpensesGarbage, Insurance, Snow Removal, Water/Sewer
  • TrashOwner
  • Insurance Exp$2,098
  • Snow Exp$500
  • Trash Exp$500
  • Unit 1 Deposit$700
  • Unit 2 Rent Amount$600
  • Unit 3 Rent Amount$600
  • Unit 4 Rent amount$750
  • Unit 5 Rent amount$600
  • Water Exp$1,800
  • View Count153

Building

  • Year Built1880
  • Building ConstructionOther
  • StyleApartment Building
  • Units5
  • Unit 1 Bath1
  • Unit 1 Bedrooms3
  • Unit 1 Floor Location2
  • Unit 1 Total Rooms6
  • Unit 2 Bath1
  • Unit 2 Bedrooms1
  • Unit 2 Floor Location1
  • Unit 2 Total Rooms3
  • Unit 3 Bath1
  • Unit 3 Bedrooms2
  • Unit 3 Floor Location1
  • Unit 3 Total Rooms4
  • Unit 4 Bath1
  • Unit 4 Floor Location1
  • Unit 4 Total Rooms4
  • Unit 5 Baths1
  • Unit 5 Bedrooms3
  • # of 1 Bedrooms1
  • # of 2 Bedrooms2
  • # of 3 Bedrooms2
  • Bathroom5
  • Total Baths5
  • BasementDirt Floor
  • FoundationStone
Coldwell Banker Carlson Real Estate
Coldwell Banker Carlson Real Estate
Office: 802-253-7358
91 Main Street
Stowe, VT 05672
Broker Reciprocity

Copyright 2019 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web 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 July 22, 2019.

 

 

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