181 Federal Street St. Albans City, Vermont 05478 MLS# 5089640

Excellent investment opportunity featuring an impressive cap rate nearing 12%! Current tenants are on a month-to-month lease, offering flexible occupancy and income potential for investors or owner-occupants alike. Classic character meets everyday convenience in this farmhouse in the heart of St. Albans City. Set on a fenced lot with off-street parking, this home welcomes you with a covered front porch and side enclosed porch - perfect for enjoying Vermont's seasons. Inside, you'll find upgraded flooring in the updated kitchen and dining room, convenient first-floor laundry hookups, and a flexible floor plan designed to fit a variety of lifestyles. Three bedrooms including an easily accessible first-floor option, plus a den/office, and upstairs, a full bath. Very close to downtown St. Albans' shops, restaurants, and Taylor Park, and only minutes to I-89 for an easy commute south to Burlington or north to Montreal, this property offers the perfect blend of location and opportunity.

Cooperation Fee - 2.5%

The Seller(s) of this property has authorized the Listing Agency/Agent to offer a Cooperation Fee or Seller Concession toward Buyers’ closing costs in the amount of 2.5% with accepted terms of an offer. This fee is offered to Buyer’s Agents and Broker’s Agents. This fee must be agreed to in writing within the terms of the Purchase & Sale Contract or in a fully executed Commission Allocation Agreement or Cooperation Agreement between the brokerage firms; and will be paid at closing.✱

Property Location

Property Details