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Two-Building Apartment Property
For Sale
$725,000

59 & 78 Railroad Street, Johnson, VT 05656

Multi-Family, Johnson, VT

Property Size6,249 SF
Lot Size0.50 Acres
Price / SF$116.02
Days on Market225

Property Features for 59 & 78 Railroad Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Village
Bedrooms 12
Rooms Bedroom 5, Bedroom 9, Bedroom 10, Basement, Bedroom 1, Bedroom 8, Bedroom 7, Bedroom 2, Bedroom 12, Bedroom 3, Bedroom 4, Bedroom 11, Bedroom 6
Lot features In Town
Directions From Morrisville: VT Route 15 to Johnson; left onto Railroad St; 59 is on the left and 78 is across the street.
Standard status Active
Size 6,249 SF
Lot size 0.50 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 12353

Utilities

Heating system Propane (Heating), Baseboard
Water source Public

Building Details

Year built 1900
Floors in Building 2
Number of units 9
Building materials Wood Frame
Roof type Metal
Architectural style Other
Listing Agency: BHHS Vermont Realty Group/Morrisville-Stowe · Berkshire Hathaway HomeServices
Listed By: Trombley & Day Group
Added: Jan 22 Changed: Sep 1 Last Checked: Sep 4 at 5:06PM
MLS# 5074718

Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily offering combines two apartment buildings positioned across from one another at 59 & 78 Railroad Street. Together, the properties contain 9 apartments and 6,249 square feet on 0.5 acres. The unit distribution includes 5 apartments at 59 Railroad St and 4 at 78 Railroad St, with renovations completed in each unit over time. Both structures are wood-frame construction dating to 1900 and feature metal roofs, propane heating, baseboard heat, and public water.

The properties are located near Johnson Village in Johnson, Vermont. Village zoning supports the existing apartment use, while the established rental history and separate building configuration provide a defined multifamily operating profile. The offering is calculated on an 8% cap rate.

Key Highlights

  • Two apartment buildings at 59 & 78 Railroad Street, positioned across the road from one another
  • 9 apartments totaling 6,249 square feet on 0.5 acres
  • Unit mix includes 5 apartments at 59 Railroad St and 4 at 78 Railroad St

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Parts Store Plumbing Service Grocery & Convenience Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units

Location Intelligence

Trade Area within ½ mile

173
Businesses Nearby

Demographics for 05656, VT

3,566
Population
1,447
Households
2.5
Avg Household Size
34
Median Age
36%
College-Educated
96%
High-School Grad
47.4 sq mi
ZIP Area
75
Density / Sq Mi
$53,828
Median Household Income
$33,583
Median Earnings
$964
Median Rent
$189,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Nine renovated apartments across two wood-frame buildings near Johnson Village, with public water and Village zoning.
Where is this apartment building located?
The property is located at 59 & 78 Railroad Street Johnson, VT.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Two apartment buildings at 59 & 78 Railroad Street, positioned across the road from one another; 9 apartments totaling 6,249 square feet on 0.5 acres; Unit mix includes 5 apartments at 59 Railroad St and 4 at 78 Railroad St
More about this property
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