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229 South Main Street St. Albans City, Vermont 05478Property Closed

$299,900 Price
Multi Type
8 Beds
3 Baths
3,437 Sqft

Listed By Jason Saphire of

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Call: (802)879-8790 Option 1 x2052
NMLS# 446767

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Franklin County

Franklin County is Vermont's northern treasure. Located in the northwest corner of the state, it is rich in agricultural heritage, historic traditions and natural beauty. Driving through Franklin County you will surely be taken by the peaceful...

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Multi-Family Home

Rare opportunity to invest in this well maintained property with excellent rental history and very positive cash flow! 4 unit apartment building located on South Main Street Saint Albans close to vibrant downtown and I-89. Total gross monthly rental is $4800. Large rectangular lot with off street parking green space. The property is very well maintained and has been extensively renovated inside and out. This is a tremendous turn key opportunity to invest in a 4 unit property as an investment property or live in one unit and receive rental income from the other 3 units

Insights Exclusive Data

Listing Status  ClosedContract Date  12/09/2018
Days on Market  Closing Date  02/13/2019
Original Price  $299,900Closing Price  $320,000
Property ID  Span  549-173-00057


MLS#  4729691Bedrooms  8Garage Size  2 Car
List Price  299,900Total Bathrooms  3Year Built  1860
Type  Multi-FamilyLot Size  0.3400 AcresTaxes $6,112
Units  4Stories  2Road Frontage  
Annual Income  $4,800Style  Apartment BuildingWater Frontage  
Annual Expenses  $0Finished  3,437 SqftConstruction  No, Existing
Zoning   Urban ResidentialAbove Grade  3,437 SqftSeasonal  No
Total Rooms  Below Grade  0 SqftList Date  Dec 5th, 2018


Total Expenses  $0Insurance  $0
Water & Sewer  $0Taxes  $0
Trash  $0Miscellaneous  $0
Maintenance  $0 Association Dues  $0
Rent Includes 

Unit Size & Rent

Unit 1   1 Beds, 1 Baths, 691 SqFt, $975/Mo Unit 2   1 Beds, 1 Baths, 525 SqFt, $925/Mo
Unit 3   3 Beds, 1 Baths, 960 SqFt, $1,600/Mo Unit 4   3 Beds, Baths, 1,261 SqFt, $1,300/Mo


ConstructionWood Frame, Masonry
BasementWalk-up, Unfinished
Interior Features
Exterior Features
Exterior  Vinyl, StuccoDisability Features  
Foundation  Block, Stone, OtherHouse Color  Beige
Floors  Vinyl, Tile, Carpet, HardwoodBuilding Certifications  
Roof  Shingle-Asphalt, Metal HERS Index  


Lot DescriptionNo, City Lot, Corner
Garage & Parking  Yes, Assigned, , Off Street, On Site
Road Frontage  Water Access  
Driveway  Paved, GravelWater Type  
Flood Zone  NoWater Body  
Zoning  Urban Residential


School District  NAMiddle  
Elementary  High  

Utilities & Other

Heat Fuel  Excluded  None
Heating/Cool  None, Steam, Space HeaterNegotiable  
Sewer  Public Sewer at StreetParcel Access ROW  
Water  Public Water - At Street ROW for Other Parcel  
Water Heater  Gas-NaturalFinancing  
Cable Co  Documents  Certificate CC/CO, Property Disclosure, Lease Agreements
Electric  100 AmpTax ID  549-173-00057
DirectionsI-89 Exit 19, straight through light to Main St., turn left, go 2 blocks, building on left

† The remarks published on this webpage originate from Jason Saphire of via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman Realty. 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.