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Multi-Units

MLS listings of Vermont Multi Units for sale brought to you by Preferred Properties, local Williston VT realtors. MLS listings updated regularly. Contact us or call 802.862.9106 for a tour of Vermont multi units for sale

140 Vt Route 100c, Johnson, VT 05656

Price$240,000The price has recently decreased

Est. Mortgage: $/month

MLS Number 4654195

  • Multifamily Multi-Family
  • Village Johnson
  • Bathroom 5
  • Units 5
  • Acreage 0.51

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

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Preferred Properties
147 Knight Lane
Williston VT, 05495
Office: 802-862-9106

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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

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

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Copyright 2018 Northern 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. Subject to errors, omissions, prior sale, change or withdrawal without notice. This web site is updated daily.

 

 

Preferred Properties

  • 147 Knight Lane
  • Williston, VT
  • 05495
  • Phone
  • Meep.
  • Fax
info@preferredpropertiesvt.com