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140 Vt Route 100cJohnson, VT 05656MLS Number 4654195

  • Price: $240,000The price has recently decreased
  • Est. Mortgage of $/month
  • 309 Days on Market
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Price Down Payment Interest Rate Years
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Est. Mortgage: $/month

Federal 30-year interest rate: 4.57% last updated on 2018-06-21

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

  • 5Bathroom
  • 0.51Acreage
  • 3284Square Feet
  • 1880Year Built

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).

Listed by Ashley St. Gelais of Preferred Properties

Driving Directions

Meg Kauffman

Your Local Office

Meg Kauffman
25 Main Street
Stowe VT, 05672

Office: 802-318-6034

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More Info

Parking

  • Parking Spaces1

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

Basic Information

  • Date Listed08/17/2017
  • StatusACT
  • Property TypeMulti-Family
  • List Price$240,000
  • Agent NameSt. Gelais
  • Broker NamePreferred Properties
  • Date Price Change11/29/2017
  • MLS Number4654195

Property

  • Acreage0.51
  • Square Feet3284
  • APX Fin AG Sqft3284
  • 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

Other

  • Seasonal Y/NNo
  • Operating ExpensesGarbage, Insurance, Snow Removal, Water/Sewer
  • TrashOwner
  • bloggingYes
  • Page110
  • Book106
  • Delayed ShowingsNo
  • Number of Photos40

Location

  • Building Number140
  • StreetVt Route 100c
  • VillageJohnson
  • TownJohnson
  • StateVT
  • Zip05656
  • CountyLamoille
  • 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

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