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    1299 C Johnson, VT 05656

    For Sale
    $725,000

    Six-unit income property, updated systems.

    Property size:
    5,900 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional six-unit classic farmhouse presents a remarkable investment opportunity in the charming town of Johnson, Vermont. Boasting over 5,900 square feet of living space spread across six spacious and comfortable units, this property offers a unique blend of country charm and modern convenience. Each unit features its own private entrance, contributing to the privacy and independence of tenants. Many units showcase open floor plans and some boast vaulted ceilings, adding to the overall appeal and spaciousness. The property sits on a 0.92-acre lot and provides ample off-street parking for up to twelve vehicles. Further enhancing its appeal, the property includes a coin-operated washer and dryer for tenant convenience. Significant recent upgrades include a new roof (2023) and a new water treatment system (2024). The property also benefits from an exceptional wood gasification system and oil boiler, ensuring efficient and reliable heating. The basement provides additional storage space. This well-maintained property offers a strong potential for rental income and represents a rare opportunity to acquire a substantial multi-unit property in a desirable Vermont location. The combination of its size, features, and recent upgrades makes this an attractive investment for discerning buyers.

    Property Features for 1299 C

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,900 SF
    Lot Size
    40,075 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Johnson
    County
    Lamoille
    State
    Vermont
    Longitude
    -72.65446
    Latitude
    44.64085

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    FAQs

    What type of property is this?
    Commercial real estate - Six-unit income property, updated systems.
    Where is this commercial real estate located?
    The property is located at 1299 C Johnson, VT.
    What is the asking price?
    The asking price for this property is $725,000.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1299 C Johnson, VT 05656
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