132 South Main Street St. Albans City, Vermont 05478 MLS# 4664371

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Sold Status

$175,950 Sold Price

Multi Type

3 Beds

5 Baths

2,466 Sqft

Listed By Shawn Cheney of
Sold By Your Journey Real Estate
✉ 🖶

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132 South Main Street

Mixed use commercial and residential space allows for rental income and a place to run a business. This property has great exposure on South Main St. in St. Albans City. Looking for an investment property only and need numbers that work? This property generates over $28,000 in gross rental income with 2 residential and 3 commercial rental spaces. The paved driveway offers 10 spaces. The first level is host to 3 commercial spaces that could be reconfigured to suit. All spaces are currently rented. Tough to find 5 rental spaces at this price point. †

Property Location

132 South Main Street St. Albans City

Property Details

Sold Price  $175,950 Sold Date  Mar 29th, 2018
MLS#  4664371 Bedrooms  3 Garage Size  0 Car
List Price  175,000 Total Bathrooms  5 Year Built  1865
Type  Multi-Family Lot Size  0.1900 Acres Taxes $3,894
Units  6 Stories  2 Road Frontage  214
Annual Income  $0 Style  Other Water Frontage  
Annual Expenses  $0 Finished  2,466 Sqft Construction  No, Existing
Zoning   Mixed Use Above Grade  2,466 Sqft Seasonal  No
Total Rooms  3 Below Grade  0 Sqft List Date  Oct 18th, 2017
Gross Income  $0 Operating Expenses  $0 Net Income  $28,440
Expenses Includes 
Unit 1   1 Beds, 1 Baths, $550/Mo Unit 2   2 Beds, 1 Baths, $750/Mo
Unit 3   0 Beds, 1 Baths, $650/Mo Unit 4   0 Beds, 1 Baths, $250/Mo
Unit 5   Beds, 1 Baths, $0/Mo
ConstructionWood Frame
BasementWalk-up, Unfinished
Interior Features
Exterior Features
Exterior  Vinyl Disability Features  
Foundation  Stone House Color  
Floors  Vinyl, Carpet Building Certifications  
Roof  Shingle-Asphalt HERS Index  
DirectionsFrom exit 19 drive to Rt 7 Main Street. Turn rt on Main Street. Go about 1/4 of a mile see sign on the corner of Main St and Lower Gilman St.
Lot Description, City Lot, Corner
Garage & Parking  No, , , None
Road Frontage  214 Water Access  
Driveway  Paved Water Type  
Flood Zone  No Water Body  
Zoning  Mixed Use
School District  NA Middle  
Elementary   High  
Heat Fuel   Excluded  
Heating/Cool  Multi Zone, Wall AC Units, Wall Units, Multi Zone, Hot Air Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Gas-Natural Financing  
Cable Co   Documents  Deed
Electric  100 Amp Tax ID  549-173-01313
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† The remarks published on this webpage originate from Listed By Shawn Cheney of via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman Realty cannot be held responsible for possible violations of copyright resulting from the posting of any data from the NNEREN IDX Program.