191 South Main Street St. Albans City, Vermont 05478 MLS# 4870771

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Sold Status

$350,000 Sold Price

Multi Type

6 Beds

4 Baths

3,532 Sqft

Listed By Tanya Bailey of M Realty
Sold By Larkin Realty
✉ 🖶

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191 South Main Street

Great quadplex located just off Exit 19 in St Albans City. This property is great for any buyer. You could live in one unit while letting the other three pay all your expenses; you could turn it into a family compound; or you could continue to rent them all out and make a solid profit. The possibilities are endless. This property has a solid rental and profit history. It's conveniently located to the interstate and all city amenities. The seller has used the garage and space above for extra storage space but that could also be a storage rental for extra cash flow. The current owner has done many updates to the systems and has maintained it well over her ownership. Now it's time for someone new to take over. †

Property Location

191 South Main Street St. Albans City

Property Details

Sold Price  $350,000 Sold Date  Sep 27th, 2021
MLS#  4870771 Bedrooms  6 Garage Size  1 Car
List Price  395,000 Total Bathrooms  4 Year Built  1880
Type  Multi-Family Lot Size  0.8100 Acres Taxes $6,501
Units  4 Stories  2 Road Frontage  
Annual Income  $39,000 Style  Multi-Family Water Frontage  
Annual Expenses  $0 Finished  3,532 Sqft Construction  No, Existing
Zoning   Business 2 Above Grade  2,572 Sqft Seasonal  No
Total Rooms  6 Below Grade  960 Sqft List Date  Jul 5th, 2021
Gross Income  $39,000 Operating Expenses  $0 Net Income  $26,032
Expenses Includes 
Unit 1   1 Beds, 1 Baths, $750/Monthly Unit 2   1 Beds, 1 Baths, $800/Monthly
Unit 3   2 Beds, 1 Baths, $850/Monthly Unit 4   2 Beds, 1 Baths, $850/Monthly
ConstructionWood Frame
BasementInterior, Unfinished, Unfinished
Interior Features
Exterior Features
Exterior  Metal, Vinyl Siding Disability Features  
Foundation  Stone House Color  
Floors  Vinyl, Carpet Building Certifications  
Roof  Slate, Metal, Slate HERS Index  
DirectionsFollow GPS.
Lot Description, City Lot
Garage & Parking  Yes, Storage Above, , 6+ Parking Spaces, Parking Spaces 6+
Road Frontage   Water Access  
Driveway  Paved Water Type  
Flood Zone  Unknown Water Body  
Zoning  Business 2
School District  NA Middle  
Elementary   High  
Heat Fuel   Excluded  
Heating/Cool  None, Baseboard, Monitor Type Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Electric, On Demand Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  549-173-10806
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† The remarks published on this webpage originate from Listed By Tanya Bailey of M Realty 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.