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32 St Johns, Johnson, VT 05656

5 Bed, 3 Bath Multi-Family Home For Sale

32 St Johns, Johnson, VT 05656 House For Sale - MLS #4673828
$175,000
5
3
Multi-Family
3 Family
This listing is courtesy of Ashley St. Gelais from Preferred Properties

Property Description for 32 St Johns, Johnson, VT 05656

This amazingly tidy investment or owner occupied TRIPLEX has the opportunity to earn you a 26% return on your investment at current rents. Starting in June 2018, you can expect an extra $400 (increase in rents) raising your potential profits to 35% (cash on cash) with a CAP rate of 13.3%. And don't forget the positive cash flow is just 1 of 4 ways you earn through rental real estate ownership. Looking to owner occupy? We'll show you how with just 3.5% down you could live in this home for free AND EARN $290/month. This home is not only an amazing cash flow opportunity - it also has amazing historical value. It's the 2nd oldest building in town and was moved from a different location. Charm throughout with original woodwork and hand-hewn beams. At that time the basement was dug and poured with concrete to provide an amazing lower level apartment. No detail has been left untouched with convenient vinyl siding, rain gutters, new porch roof and new highly efficient heating system, costing just $1,500/year to heat all units. These spacious, bright units are easy to rent and are very well maintained. Two 2 bedroom units on floor 1 and 2 and a very large 1 bedroom on the lower level complete with a private porch. Don't miss out on adding this to your real estate portfolio. They don't come this PROFITABLE and this CLEAN very often.

Interior Details

2,889 sq. ft.
$60.57/sq. ft.
14
Public
Public

Exterior Details

0.23 acres
10,019 sq. ft.
2
Off Street; On-Site
Post And Beam
Concrete

Other Details

4673828
1850
$2,400

Units Description

Unit #1
Rooms: 4      Living Area: 851 sq. ft.      Bedrooms: 1      Full / Half Baths: 1      Rent: $600     
Interior Features : Appliances Included; Co Detector; Cooktop - Electric; Deck; Heat - Gas; Heat Included

Unit #2
Rooms: 5      Living Area: 1,019 sq. ft.      Bedrooms: 2      Full / Half Baths: 1      Rent: $900     
Interior Features : Co Detector; Cooktop - Electric; Deck; Heat - Gas

Unit #3
Rooms: 5      Living Area: 1,019 sq. ft.      Bedrooms: 2      Full / Half Baths: 1      Rent: $900     
Interior Features : Co Detector; Heat - Gas; Range - Electric

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