Bought with Brian Armstrong • KW Vermont
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583 Lake RD St. Albans Town, VT 05481
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Key Details
Sold Price $405,000
Property Type Multi-Family
Sub Type Federal,w/Addition
Listing Status Sold
Purchase Type For Sale
Square Footage 7,456 sqft
Price per Sqft $54
MLS Listing ID 4756883
Style Federal,w/Addition
Bedrooms 12
Full Baths 8
Year Built 1800
Annual Tax Amount $7,111
Tax Year 2019
Lot Size 1.000 Acres
Property Description
Large multi unit apartment building in great location in St Albans Bay. Beautiful lake views and convenient location minutes from St Albans City. Outstanding rental history and rates with room to grow. Each unit has it's own heating units and electrical panel to simplify ownership. At present 6 of 7 units are rented with one being repainted and left vacant for showing purposes. Low maintenance building with ample parking that can support 2 cars per unit. Heating units recently inspected and all building maintenance is up to date. Owner says it's time to retire. Help him out and enjoy the instant equity and positive cash flow from this great investment.
Location
State VT
County Vt-franklin
Area Vt-Franklin
Zoning commercial
Rooms
Basement Entrance Interior
Interior
Heating Oil
Cooling None
Flooring Carpet, Hardwood, Laminate, Tile, Vinyl
Exterior
Exterior Feature Brick, Vinyl
Garage Description Parking Spaces 11 - 20
Utilities Available Other
Waterfront Description Yes
View Y/N Yes
View Yes
Roof Type Metal
Building
Lot Description Lake View, Neighbor Business
Story 2
Foundation Stone
Sewer Holding Tank, Private, Septic Shared
Water Drilled Well
Schools
Elementary Schools St. Albans Town Educ. Center
Middle Schools St Albans Town Education Cntr
High Schools Bfast Albans
School District Maple Run Usd
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