229 South Main Street
St. Albans City, VT 05478

Sold

Sold for $320,000 on Feb 13, 2019

Description

Rare opportunity to invest in this well maintained property with excellent rental history and very positive cash flow! 4 unit apartment building located on South Main Street Saint Albans close to vibrant downtown and I-89. Total gross monthly rental is $4800. Large rectangular lot with off street parking green space. The property is very well maintained and has been extensively renovated inside and out. This is a tremendous turn key opportunity to invest in a 4 unit property as an investment property or live in one unit and receive rental income from the other 3 units

Features

• Property Type: Multi Family Home
• Sub Type: Multi-Family
• Listing Status: Closed
• Listing Price: $299,900
• County/Area: Franklin County
• Zip Code: 05478
• Year Built: 1860
• Sq.Ft.: 3,437 sq ft
• Style: Apartment Building
• Stories: 2
• Units: 4 units
• Full Baths: 4
• Basement: Unfinished, Walk-Up, Yes
• Garage: 2-Car
• Lot Size: 14810 sq ft
• Baths: 4
• Zoning: Urban Residential
• Color: Beige
• Construction: Masonry, Wood Frame
• Construction Status: Existing
• Delayed Showing: No
• Driveway: Gravel, Paved
• Electric: 100 Amp
• Exterior: Stucco, Vinyl
• Features - Exterior: Porch - Covered
• Flooring: Carpet, Hardwood, Tile, Vinyl
• Foundation: Block, Other, Stone
• Garage Description: Assigned
• Garage Type: Detached
• Gross Income: 4800
• Heat Fuel: Gas - Natural
• Heating: Space Heater, Steam
• Lot - Sqft: 14810
• Lot Description: City Lot, Corner
• Parking: Off Street, On-Site
• Road Frontage: Tbd
• Roads: Public
• Roof: Metal, Shingle - Asphalt
• Selling Agent: Elise Polli
• Selling Office: Kw Vermont
• Sewer: Public Sewer At Street
• Sqft-Apx Fin Above Grade: 3437
• Sqft-Apx Fin Ag Source: Appraiser
• Sqft-Apx Fin Bg Source: Appraiser
• Sqft-Apx Total: 3437
• Sqft-Apx Unfn Ag Source: Appraiser
• Sqft-Apx Unfn Bg Source: Appraiser
• Total 1 Br Units: 2
• Total 3+ Br Units: 2
• Total Electric Meters: 2
• Total Gas Meters: 2
• Total Heat Units: 3
• Total Refrigerators: 4
• Total Water Heaters: 2
• Trash: Dumpster, Recycle
• Unit 1 Apx Sqft: 691
• Unit 1 Baths: 1
• Unit 1 Bedrooms: 1
• Unit 1 Info: Heat Included, Porch, Range - Electric, Refrigerator
• Unit 1 Rooms: 4
• Unit 2 Apx Sqft: 525
• Unit 2 Baths: 1
• Unit 2 Bedrooms: 1
• Unit 2 Info: Heat Included, Porch, Range - Electric, Refrigerator
• Unit 2 Rooms: 3
• Unit 3 Apx Sqft: 960
• Unit 3 Baths: 1
• Unit 3 Bedrooms: 3
• Unit 3 Info: Heat Included, Porch, Range - Electric, Refrigerator
• Unit 3 Rooms: 6
• Unit 4 Apx Sqft: 1261
• Unit 4 Bedrooms: 3
• Unit 4 Info: Deck, Dryer, Refrigerator, Stove - Gas Heat, Washer
• Unit 4 Rooms: 6
• Water: Public Water - At Street
• Water Heater: Gas - Natural
• Sold Date: 2019-02-13 00:00:00
• Sold Price: 320000