110 Pearl Street St. Albans City, Vermont 05478 MLS# 4984862

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Sold Status

$327,000 Sold Price

Multi Type

5 Beds

3 Baths

2,952 Sqft

Listed By Anthony Micklus of Berkshire Hathaway HomeServices Vermont Realty Gro
Sold By Paul Poquette Realty Group, LLC
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Franklin County

110 Pearl Street

Introducing a remarkable investment opportunity in the heart of St. Albans City - a rare Triplex that promises both financial stability and comfortable living. This property presents a savvy investor with the chance to offset their mortgage through not just one, but two tenants already secured in 1-year leases, The owner-occupied top "penthouse" unit, was meticulously renovated in 2018 to offer unparalleled comfort and style with an enlarged kitchen and beautifully refinished bedroom floors that add a touch of elegance. The downstairs unit, renovated in 2023, is a testament to modern living with its brand-new flooring, windows, and a host of other improvements. Beyond the living spaces, this property comes complete with a coveted 2-car garage, offering convenience and additional rental potential. Ample storage space ensures that residents have plenty of room to organize and store their belongings, enhancing the overall appeal and functionality of the property. Whether you're an investor seeking a lucrative opportunity or a homeowner looking to offset mortgage costs, this Triplex in St. Albans City presents an irresistible proposition. Don't miss out on the chance to own a piece of prime real estate that promises both financial security and comfortable living for years to come. Schedule a viewing today and seize this exceptional investment opportunity!

Property Location

110 Pearl Street St. Albans City

Property Details

Sold Price  $327,000 Sold Date  Apr 23rd, 2024
List Price  339,000 Bedrooms  5 Garage Size  2 Car
Cooperation Fee  Unknown Total Bathrooms  3 Year Built  1900
MLS#  4984862 Lot Size  0.24 Acres Taxes $0
Type  Multi-Family Days on Market  303 Days Tax Year
Units  3 Stories  3 Road Frontage  
Annual Income  $30,000 Style  Converted Water Frontage  
Annual Expenses  $0 Finished  2,952 Sqft Construction  No, Existing
Zoning   Residential Above Grade  2,952 Sqft Seasonal  No
Total Rooms  5 Below Grade  0 Sqft List Date  Feb 12th, 2024
Gross Income  $30,000 Operating Expenses  $0 Net Income  $8,652
Expenses Includes 
Unit 1   1 Beds, 1 Baths, 500 SqFt, $1,000/Monthly Unit 2   2 Beds, 1 Baths, 800 SqFt, $1,500/Monthly
Unit 3   2 Beds, 1 Baths, 1,100 SqFt, $0/Mo
ConstructionWood Frame
BasementInterior, Interior Stairs
Interior Features
Exterior Features
Exterior  Stucco, Stone Disability Features  
Foundation  Concrete House Color  Yellow
Floors   Building Certifications  
Roof  Metal HERS Index  
Directions
Lot DescriptionUnknown
Garage & Parking  Yes, Direct Entry, Detached
Road Frontage   Water Access  
Driveway  Paved, Gravel Water Type  
Flood Zone  No Water Body  
Zoning  Residential
School District  NA Middle  
Elementary   High  
Heat Fuel  , Gas - Natural Available Excluded  
Heating/Cool  None, Hot Water Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Gas-Natural Financing  
Cable Co   Documents  Deed
Electric  Circuit Breaker Tax ID  549-173-00041
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† The remarks published on this webpage originate from Listed By Anthony Micklus of Berkshire Hathaway HomeServices Vermont Realty Gro via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.