122-124 Pearl Street St. Albans City, Vermont 05478 MLS# 4619034

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Sold Status

$185,000 Sold Price

Multi Type

6 Beds

2 Baths

2,520 Sqft

Listed By Philip Gerbode of Coldwell Banker Hickok & Boardman - (802)309-3353
Sold By Carol Audette of Coldwell Banker Hickok and Boardman
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Franklin County

122-124 Pearl Street

Here is an opportunity to own a nice Duplex apartment building very close to downtown, Mylan, Immigration, shopping, restaurants and more. Newer egress windows, hardwood floors, great kitchens, 2 natural gas hot air furnaces, all units plumbed for washer/dryer. Separate Electric, beautiful covered front porch, great rental history. Off-street parking for 6 or more cars. Nice lot. Do what the current owner did - live here for a number of years and let your tenant help pay your mortgage. Great numbers - don't miss this one!

Property Location

122-124 Pearl Street St. Albans City

Property Details

Sold Price  $185,000 Sold Date  Sep 29th, 2017
MLS#  4619034 Bedrooms  6 Garage Size   Car
List Price  189,000 Total Bathrooms  2 Year Built  0
Type  Multi-Family Lot Size  0.1400 Acres Taxes $3,828
Units  2 Stories  2 Road Frontage  60
Annual Income  $24,720 Style  Duplex, Duplex Water Frontage  
Annual Expenses  $4,488 Finished  2,520 Sqft Construction  No, Existing
Zoning   Residential Above Grade  2,520 Sqft Seasonal  No
Total Rooms  6 Below Grade  0 Sqft List Date  Feb 23rd, 2017
Gross Income  $24,720 Operating Expenses  $4,488 Net Income  $20,232
Expenses Includes 
Unit 1   3 Beds, 1 Baths, 1,260 SqFt, $1,050/Monthly Unit 2   3 Beds, 1 Baths, 1,260 SqFt, $1,010/Monthly
ConstructionWood Frame
BasementInterior, Unfinished, Sump Pump, Bulkhead, Concrete, Interior Stairs, Full, Unfinished
Interior Features
Exterior Features
Exterior  Vinyl Siding Disability Features  
Foundation  Block House Color  White
Floors  Carpet, Vinyl, Softwood, Hardwood, Laminate, Wood Building Certifications  
Roof  Shingle HERS Index  
DirectionsExit 19N, I-89 to off ramp and limited access highway to Rt 7 (Main Street), take left and go to second traffic light, take left onto Lake Street, go to North Elm Street and take right and go to Pearl Street and take left, Duplex on the left.
Lot DescriptionYes, Level, Sidewalks, Street Lights, Near Railroad
Garage & Parking  No, , , Unassigned, On Site, 4 Parking Spaces
Road Frontage  60 Water Access  
Driveway  Gravel Water Type  
Flood Zone  No Water Body  
Zoning  Residential
School District  St Albans City School District Middle  St. Albans City School
Elementary  St Albans City School High  BFASt Albans
Heat Fuel   Excluded  
Heating/Cool  None, Forced Air Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Gas-Natural Financing  
Cable Co  Comcast Documents  
Electric  Circuit Breaker Tax ID  54917300062
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