437 Lapan Road St. Albans Town, Vermont 05478 MLS# 5027764

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For Sale Status

$482,000 List Price

Multi Type

3 Beds

4 Baths

2,176 Sqft

Listed By Nicole Broderick of Coldwell Banker Hickok & Boardman - (802)846-9581
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Franklin County

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Stunning St. Albans Duplex

If you have been seeking an opportunity to invest in Franklin County & maintain the allure of St. Albans Town, now is the perfect time to take the leap! This beautiful newly-constructed duplex is situated on a spacious corner lot with deeded lake access & dock rights. The tri-level design allows for convenient, covered parking for each unit, and multiple viewing decks make it possible to capture the year-round beauty of Lake Champlain. Consisting of Unit 101 and 102, each side directly mirrors the other - offering a fluid floor plan with plenty of space to live, work, & play. Each unit has a kitchen area, dining room, living space, & half bath on the 1st floor, with bedrooms and a full bathroom upstairs. Unit 101 is zoned as a 1-bedroom, 2-bathroom & also provides a flexible bonus room on the 3rd floor. Unit 102 is comprised of 2 bedrooms, 2 bathrooms & an identical floor plan. With private laundry & parking directly underneath each unit, the setup is alluring to say the least. Paired with private deck space, dual entries, two driveways, & just a few hundred feet from the shore of the lake, this property is one-of-a-kind. Constructed in 2018, including a fresh septic and mound system, this duplex is in fantastic condition and has many years of income-producing activity ahead. Choose to invest or owner-occupy, either way it's a compelling avenue toward building wealth & putting your stamp on Franklin County. Moments to town, the lake, & all amenities!

• Tri-Level Construction
• 2 Units, 3 Bedrooms
• Bonus Room/Flex Space
• Attached Garage Space
• Recently Constructed
• Lake Access and Dock Rights

Cooperation Fee - 3%

The Seller(s) of this property has authorized the Listing Agency/Agent to offer a Cooperation Fee or Seller Concession toward Buyers’ closing costs in the amount of 3% with accepted terms of an offer. This fee is offered to Buyer’s Agents and Broker’s Agents. This fee must be agreed to in writing within the terms of the Purchase & Sale Contract or in a fully executed Commission Allocation Agreement or Cooperation Agreement between the brokerage firms; and will be paid at closing.

Property Location

437 Lapan Road St. Albans Town

Property Details

List Price  482,000 Bedrooms  3 Garage Size  2 Car
Cooperation Fee  3% Total Bathrooms  4 Year Built  2018
MLS#  5027764 Lot Size  0.52 Acres Taxes $5,984
Type  Multi-Family Days on Market  17 Days Tax Year 2025
Units  2 Stories  3 Road Frontage  
Annual Income  $38,400 Style   Water Frontage  
Annual Expenses  $0 Finished  2,176 Sqft Construction  No, Existing
Zoning   Residential Above Grade  2,176 Sqft Seasonal  No
Total Rooms  3 Below Grade  0 Sqft List Date  Jan 27th, 2025
Gross Income  $38,400 Operating Expenses  $0 Net Income  $0
Expenses Includes 
Unit 1   1 Beds, 2 Baths, 1,088 SqFt, $0/Mo Unit 2   2 Beds, 2 Baths, 1,088 SqFt, $1,600/Monthly
Construction
Basement
Interior Features
Exterior Features
Exterior   Disability Features  
Foundation  Concrete House Color  Green
Floors  Carpet, Combination, Vinyl Plank Building Certifications  
Roof  Shingle HERS Index  
DirectionsFrom Lake Road, turn right onto Route 36/Maquam Shore. In approximately 1.5 miles, turn left onto Lapan Road. In half a mile, the property is on your left, at the intersection of Lapan and Zweeres.
Lot DescriptionUnknown, Country Setting, Lake Access, Lake View, Level, Beach Access, ROW to Water, Fenced
Garage & Parking  Yes, 1-10 Spaces, Garage, Driveway, Garage, Parking Spaces 1 - 10, Covered, Attached
Road Frontage   Water Access  
Driveway  Paved Water Type  Lake
Flood Zone  No Water Body  
Zoning  Residential
School District  Franklin Northwest Middle  St Albans Town Education Cntr
Elementary  St. Albans Town Educ. Center High  BFASt Albans
Heat Fuel  , Propane Excluded  Tenants Washer/Dryer.
Heating/Cool  None Negotiable  
Sewer  Private, Mound Parcel Access ROW  
Water   ROW for Other Parcel  
Water Heater   Financing  
Cable Co   Documents  Deed, Deed
Electric  Circuit Breaker Tax ID  552-174-12938
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✱ If you engage a brokerage firm to represent you in a real estate transaction, you are responsible for compensating the firm according to the terms of your brokerage service agreement. Compensation to be paid under a brokerage service agreement is solely and entirely a matter of negotiation between an agent and client and is in no way controlled, fixed, or pre-established. Historically, cooperation fees were published in the Multiple Listing Service (MLS) for each Listing. Recent changes to the rules, prohibit the publication of these fees in the MLS but allow the display on a brokerage's website for their Clients' listings.