305 Lake Street St. Albans City, Vermont 05478 MLS# 4740028

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Sold Status

$150,000 Sold Price

Multi Type

5 Beds

3 Baths

2,010 Sqft

Listed By Danielle Pezzimenti of
Sold By CENTURY 21 MRC
✉ 🖶

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305 Lake Street

Great opportunity for either an investment or an owner-occupied income property! Located in St. Albans City, this historic duplex offers proximity to local restaurants, shops, and activities. It features 2 units, both with charming original details such as built-in corner cabinets, and lovely wood floors. The first unit has 2 bedrooms, 1 bathroom, and a bonus room with cupboard and window which could be used as an office space or large walk-in closet. The second unit has 3 bedrooms, 1.5 baths, an eat-in kitchen and separate dining room. Each unit has an enclosed porch for relaxing. Basement is divided so that each unit has secure basement access for storage. 2 bedroom unit currently rents for $975/month. With a little freshening up, the 3 bedroom unit has an estimated rental income of $1300/month. Don't miss out on this great opportunity! †

Property Location

305 Lake Street St. Albans City

Property Details

Sold Price  $150,000 Sold Date  May 24th, 2019
MLS#  4740028 Bedrooms  5 Garage Size   Car
List Price  165,000 Total Bathrooms  3 Year Built  1868
Type  Multi-Family Lot Size  0.1800 Acres Taxes $3,977
Units  2 Stories  2 Road Frontage  45
Annual Income  $0 Style  Duplex Water Frontage  
Annual Expenses  $0 Finished  2,010 Sqft Construction  No, Existing
Zoning   Residential Above Grade  2,010 Sqft Seasonal  No
Total Rooms  5 Below Grade  0 Sqft List Date  Mar 12th, 2019
Gross Income  $0 Operating Expenses  $0 Net Income  $27,300
Expenses Includes 
Unit 1   2 Beds, 1 Baths, 800 SqFt, $975/Mo Unit 2   3 Beds, 2 Baths, 1,210 SqFt, $1,300/Mo
ConstructionWood Frame
BasementInterior, Unfinished, Concrete, Unfinished
Interior Features
Exterior Features
Exterior  Vinyl Disability Features  
Foundation  Concrete, Stone House Color  Pale Green
Floors  Vinyl, Carpet, Hardwood, Wood Building Certifications  
Roof  Shingle-Asphalt, Metal HERS Index  
Directions
Lot DescriptionUnknown, City Lot, Sidewalks
Garage & Parking  No, , , Off Street, On Site
Road Frontage  45 Water Access  
Driveway  Paved Water Type  
Flood Zone  No Water Body  
Zoning  Residential
School District  St Albans City School District Middle  St. Albans City School
Elementary  St Albans City School High  BFASt Albans
Heat Fuel   Excluded  
Heating/Cool  None, Baseboard Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Electric, Gas-Natural Financing  
Cable Co   Documents  
Electric  Fuses Tax ID  549-173-00329
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† The remarks published on this webpage originate from Listed By Danielle Pezzimenti 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.