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76 Vt Route 100c, Johnson, VT 05656

6 Bed, 3 Bath Multi-Family Home For Sale

76 Vt Route 100c, Johnson, VT 05656 House For Sale - MLS #4735034
Off the Market
$175,000
6
3
Multi-Family
3 Family
This listing is courtesy of Ashley St. Gelais from Preferred Properties

Get $3,500 (2% of purchase price) back on this home as part of our MassRealty Premier Program


Property Description for 76 Vt Route 100c, Johnson, VT 05656

Start or add to your investment portfolio with this newly updated three-unit property with the option for a brand-new construction of a fourth unit. You'll love the potential of a cash on cash return of 25% with a CAP rate of 11%. With (1) one bedroom, (1) two bedroom, and (1) three bedroom unit (currently under rented at $850 - could easily by $1,100/month), this property has spacial options for everyone! It is the perfect owner-occupied property with the one bedroom unit offering a separate entrance on the opposite side of the building or a great investment opportunity to earn income from three separate units (with the choice to add a fourth). The property has separate fuel tanks and electric meters saving you the expense of covering this as the owner! With newly updated windows, a new hot air heating system, and Rinnai heaters in two of the units, tenants stay comfortable and warm during the long Vermont winters. Looking for a little more land? The sale of this property is for the building and .2 acres , it does not include the lot. At this price the property will be conveyed as a 3 unit property. For a purchase price of $200K an additional 1 BR APT will be completed in the attached garage. This offers the potential of a 35% cash on cash return. There is an additional .1 acre lot behind this property that can be added to the purchase. This additional lot has already been zoned for a 3-bedroom house or 3 (1) bedroom units for even more investment potential!

Interior Details

2,225 sq. ft.
$78.65/sq. ft.
11
Public
Public

Exterior Details

0.20 acres
8,712 sq. ft.
2
Off Street
Wood Frame
Stone

Other Details

4735034
1877
$2,300

Units Description

Unit #1
Rooms: 3      Living Area: 539 sq. ft.      Bedrooms: 1      Full / Half Baths: 1      Rent: $600     
Interior Features : Appliances Included; Co Detector; Cooktop - Electric; Heat; Refrigerator; Water Heater

Unit #2
Rooms: 3      Living Area: 775 sq. ft.      Bedrooms: 2      Full / Half Baths: 1      Rent: $850     
Interior Features : Co Detector; Cooktop - Electric; Range - Gas; Refrigerator; Smoke Detector

Unit #3
Rooms: 5      Living Area: 1,038 sq. ft.      Bedrooms: 3      Full / Half Baths: 1      Rent: $850     

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