315 Lake Street St. Albans City, Vermont 05478 MLS# 4694372

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Sold Status

$215,000 Sold Price

Multi Type

7 Beds

3 Baths

2,833 Sqft

Listed By Shawn Cheney of EXP Realty - Cell: 802-782-0400
Sold By CENTURY 21 MRC
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315 Lake Street

A solid investment property with many updates. This could make a great owner occupied as it has a single level 3 bed 1 bath 980 sf unit and a detached 3 bay garage with over head storage. Move in and collect $1800 a month from your tenants. Or as an investment that makes $3000 per month. Efficiency VT added 3 new high efficiency Natural Gas on demand tank-less hot water heaters last yr. Furnace has also been upgraded to a high efficiency model. Building gross is $36,000 per year and leaves a good profit at this price point. Many upgrades including plumbing, elect, laminate flooring, some windows have been updated. W/D hookups in the units. 1/2 acre lot has a good sized backyard with plenty of elbow room. †

Property Location

315 Lake Street St. Albans City

Property Details

Sold Price  $215,000 Sold Date  Jun 29th, 2018
MLS#  4694372 Bedrooms  7 Garage Size  3 Car
List Price  215,000 Total Bathrooms  3 Year Built  1860
Type  Multi-Family Lot Size  0.5100 Acres Taxes $6,063
Units  3 Stories  1/1/1900 Road Frontage  82
Annual Income  $0 Style  Converted Water Frontage  
Annual Expenses  $0 Finished  2,833 Sqft Construction  No, Existing
Zoning   Residential Above Grade  2,833 Sqft Seasonal  No
Total Rooms  7 Below Grade  0 Sqft List Date  May 18th, 2018
Gross Income  $0 Operating Expenses  $0 Net Income  $0
Expenses Includes 
Unit 1   3 Beds, 1 Baths, 980 SqFt, $1,200/Monthly Unit 2   2 Beds, 1 Baths, $900/Monthly
Unit 3   2 Beds, 1 Baths, $900/Monthly
ConstructionWood Frame
BasementInterior, Unfinished
Interior Features
Exterior Features
Exterior  Vinyl Disability Features  
Foundation  Stone House Color  White
Floors  Vinyl, Carpet, Laminate Building Certifications  
Roof  Shingle-Asphalt HERS Index  
DirectionsFrom exit 19 St. Albans go East off the exit to Rt 7 turn rt/North go about 1 mile turn left on Lake St. go about 1 mile see sign on rt just after Walnut Street.
Lot Description, City Lot
Garage & Parking  Yes, , , 3 Parking Spaces
Road Frontage  82 Water Access  
Driveway  Gravel 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  Bellows Free Academy
Heat Fuel   Excluded  
Heating/Cool  Multi Zone, Individual, Multi Zone, Vented Gas Heater, Individual, Hot Air Negotiable  
Sewer  Public Parcel Access ROW  
Water  Private, Metered ROW for Other Parcel  
Water Heater  Tankless, On Demand, Gas-Natural Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  549-173-01111
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† The remarks published on this webpage originate from Listed By Shawn Cheney of EXP Realty - Cell: 802-782-0400 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.