42 Bank St. Albans City, Vermont 05478 MLS# 4330750

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Sold Status

$310,046 Sold Price

Multi Type

6 Beds

6 Baths

3,364 Sqft

Listed By Brian Armstrong of KW Vermont
Sold By
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Franklin County

42 Bank

Well maintained 6-plex with long time tenants and real history. Quiet building close to downtown with off street parking for one vehicle for each unit. Owners space for tools and supplies, separate coin op laundry. EMP up to date. Recent fire inspection but no report yet. Small lot means very little upkeep. Drive along building is common ROW for church and this bld. Owner is a licensed real estate agent. Owner will be doing 1031 exchange.

Property Location

42 Bank St. Albans City

Property Details

Sold Price  $310,046 Sold Date  Aug 27th, 2014
MLS#  4330750 Bedrooms  6 Garage Size  0 Car
List Price  325,000 Total Bathrooms  6 Year Built  1890
Type  Multi-Family Lot Size  0.1300 Acres Taxes $6,070
Units  6 Stories  3 Road Frontage  40
Annual Income  $0 Style  Converted Water Frontage  
Annual Expenses  $0 Finished  3,364 Sqft Construction  No, Existing
Zoning   residential Above Grade  3,364 Sqft Seasonal  No
Total Rooms  6 Below Grade  0 Sqft List Date  Jan 6th, 2014
Gross Income  $0 Operating Expenses  $0 Net Income  $45,420
Expenses Includes 
Unit 1   1 Beds, 1 Baths, $750/Mo Unit 2   1 Beds, 1 Baths, $725/Mo
Unit 3   1 Beds, 1 Baths, $650/Mo Unit 4   1 Beds, 1 Baths, $630/Mo
Unit 5   1 Beds, 1 Baths, $0/Mo Unit 6   1 Beds, 1 Baths, $0/Mo
ConstructionWood Frame
BasementUnfinished, Interior Stairs, Full
Interior Features
Exterior Features
Exterior  Aluminum, Vinyl Disability Features  
Foundation  Stone House Color  White
Floors  Vinyl, Carpet, Hardwood Building Certifications  
Roof  Shingle-Architectural HERS Index  
DirectionsFrom Main St go east on Bank St. 2nd house on the right above the park
Lot DescriptionCity Lot
Garage & Parking  No, Off Street
Road Frontage  40 Water Access  
Driveway  Paved Water Type  
Flood Zone  No Water Body  
Zoning  residential
School District  NA Middle  St. Albans City School
Elementary  St Albans City School High  BFA/St Albans
Heat Fuel  Gas-Natural Excluded  lawn mower, tools and equipment in owners quarters
Heating/Cool  Radiators Negotiable  
Sewer  Public Parcel Access ROW  Yes
Water  Public ROW for Other Parcel  Yes
Water Heater  Gas-Natural, Rented Financing  Commercial
Cable Co  Comcast Documents  Deed, Property Disclosure, Lease Agreements
Electric  Circuit Breaker Tax ID  54917300701
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† The remarks published on this webpage originate from Listed By Brian Armstrong of KW Vermont 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.