6-8 Lower Gilman Street St. Albans City, Vermont 05478 MLS# 5008858

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For Sale Status

$329,000 List Price

Multi Type

6 Beds

4 Baths

2,304 Sqft

Listed By Shawn Cheney of EXP Realty
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Franklin County

6-8 Lower Gilman Street
6-8 Lower Gilman Street
6-8 Lower Gilman Street
6-8 Lower Gilman Street
6-8 Lower Gilman Street
6-8 Lower Gilman Street
6-8 Lower Gilman Street
6-8 Lower Gilman Street
6-8 Lower Gilman Street
6-8 Lower Gilman Street
6-8 Lower Gilman Street
6-8 Lower Gilman Street
6-8 Lower Gilman Street
6-8 Lower Gilman Street
6-8 Lower Gilman Street
6-8 Lower Gilman Street
6-8 Lower Gilman Street
6-8 Lower Gilman Street
6-8 Lower Gilman Street
6-8 Lower Gilman Street
6-8 Lower Gilman Street
6-8 Lower Gilman Street
6-8 Lower Gilman Street
6-8 Lower Gilman Street
6-8 Lower Gilman Street
6-8 Lower Gilman Street
6-8 Lower Gilman Street
6-8 Lower Gilman Street
6-8 Lower Gilman Street
6-8 Lower Gilman Street
6-8 Lower Gilman Street
6-8 Lower Gilman Street
6-8 Lower Gilman Street
6-8 Lower Gilman Street
6-8 Lower Gilman Street
6-8 Lower Gilman Street
6-8 Lower Gilman Street
6-8 Lower Gilman Street
6-8 Lower Gilman Street

Invest or let your neighbor help with the mortgage! This property has two 3 bedroom apartments with 2 baths, a full basement enclosed back porch and a garage with 3 sided covered storage in the back. The apartments have an open kitchen living dining area with laundry in both apartments. The units are side by side and each have a garage bay and a full basement. In 2011 this building had a total rehab to include new kitchen, baths, plumbing, rewiring, insulation, and hardwire smokes. In 2014 the building got s new roof and in 2014 a new furnace in unit 6. The building is fully occupied and current rents are very affordable by comparison for the area. Come take a look.

Property Location

6-8 Lower Gilman Street St. Albans City

Property Details

List Price  329,000 Bedrooms  6 Garage Size  2 Car
Cooperation Fee  Unknown Total Bathrooms  4 Year Built  1925
MLS#  5008858 Lot Size  0.19 Acres Taxes $4,410
Type  Multi-Family Days on Market  35 Days Tax Year 2023
Units  2 Stories  2 Road Frontage  
Annual Income  $32,400 Style   Water Frontage  
Annual Expenses  $0 Finished  2,304 Sqft Construction  No, Existing
Zoning   Residential Above Grade  2,304 Sqft Seasonal  No
Total Rooms  6 Below Grade  0 Sqft List Date  Aug 8th, 2024
Gross Income  $32,400 Operating Expenses  $0 Net Income  $23,976
Expenses Includes 
Unit 1   3 Beds, 2 Baths, $1,350/Monthly Unit 2   3 Beds, 2 Baths, $1,350/Monthly
Construction
BasementInterior, Unfinished
Interior Features
Exterior Features
Exterior   Disability Features  
Foundation  Stone House Color  Brick
Floors  Tile, Hardwood Building Certifications  
Roof  Shingle HERS Index  
Directions
Lot Description
Garage & Parking  Yes, Garage
Road Frontage   Water Access  
Driveway  Paved Water Type  
Flood Zone  No Water Body  
Zoning  Residential
School District  Maple Run USD Middle  St. Albans City School
Elementary  St Albans City School High  Bellows Free Academy
Heat Fuel  , Gas - Natural Available Excluded  
Heating/Cool  None, Hot Air Negotiable  
Sewer  Public Parcel Access ROW  
Water   ROW for Other Parcel  
Water Heater   Financing  
Cable Co   Documents  Deed
Electric  100 Amp, Circuit Breaker Tax ID  549-173-01424
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† The remarks published on this webpage originate from Listed By Shawn Cheney of EXP Realty 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.