234-236 Lake St. Albans City, Vermont - Sold in 2016

234-236 Lake St. Albans City, Vermont 05478 MLS# 4439510

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Sold Status

$244,000 Sold Price

Multi Type

6 Beds

4 Baths

4,776 Sqft

Listed By John Nichols of KW Vermont
Sold By
✉ 🖶

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234-236 Lake

ATTENTION INVESTORS! REDUCED PRICE! Here is an opportunity to own a nice 4-unit building very close to downtown, Mylan, Immigration, shopping, restaurants and more. New egress windows & electric, 3 furnaces, 2 space heaters, 5 porches, all units plumbed for washer/dryer. Great rental history. The detached 2-car garage and huge storage area above could be rented for additional income. Off street parking for 7 cars. Nice corner lot. Great numbers - don't miss this one! †

Property Location

234-236 Lake St. Albans City

Property Details

Sold Price  $244,000 Sold Date  Mar 31st, 2016
List Price  264,800 Bedrooms  6 Garage Size  2 Car
Cooperation Fee  Unknown Total Bathrooms  4 Year Built  1878
MLS#  4439510 Lot Size  0.2 Acres Taxes $4,961
Type  Multi-Family Days on Market  3971 Days Tax Year 14-15
Units  4 Stories  2 Road Frontage  100
Annual Income  $0 Style  Other Water Frontage  
Annual Expenses  $10,886 Finished  4,776 Sqft Construction  No, Existing
Zoning   Residential Above Grade  3,160 Sqft Seasonal  No
Total Rooms  6 Below Grade  1,616 Sqft List Date  Jul 21st, 2015
Gross Income  $0 Operating Expenses  $10,886 Net Income  $37,920
Expenses Includes 
Unit 1   1 Beds, 1 Baths, $775/Mo Unit 2   2 Beds, 1 Baths, $785/Mo
Unit 3   2 Beds, 1 Baths, $850/Mo Unit 4   1 Beds, 1 Baths, $750/Mo
ConstructionWood Frame
BasementInterior Stairs, Full
Interior Features
Exterior Features
Exterior  Aluminum Disability Features  
Foundation  Stone House Color  White
Floors  Vinyl, Ceramic Tile, Laminate Building Certifications  
Roof  Shingle-Asphalt HERS Index  
DirectionsFrom Main St (Rte 7) in St. Albans City, take Lake Street west for 5 blocks. Number 234 is on the corner of South Elm.
Lot DescriptionLevel, City Lot, Corner
Garage & Parking  Yes, Detached, Garage, 1-10 Spaces
Road Frontage  100 Water Access  
Driveway  Gravel Water Type  
Flood Zone  Unknown Water Body  
Zoning  Residential
School District  St Albans City School District Middle  BFA Fairfax Middle
Elementary  St Albans City School High  BFA/St Albans
Heat Fuel  Gas-Natural Excluded  
Heating/Cool  Baseboard, Direct Vent, Space Heater, Hot Water Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Rented, Owned Financing  Conventional, All Financing Options
Cable Co  Comcast Documents  Deed, Property Disclosure, Other
Electric  150 Amp Tax ID  549-173-00338
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† The remarks published on this webpage originate from Listed By John Nichols of KW Vermont via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.