57 High StreetSt. Albans City, VT 05478MLS Number 4977234

  • Price: $525,000
  • Est. Mortgage of $/month
  • 20 Days on Market
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Federal 30-year interest rate: 7.29% last updated on Nov 22, 2023
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57 High Street St. Albans City VT 05478
57 High Street St. Albans City VT 05478
57 High Street St. Albans City VT 05478
57 High Street St. Albans City VT 05478
57 High Street St. Albans City VT 05478
57 High Street St. Albans City VT 05478
57 High Street St. Albans City VT 05478
57 High Street St. Albans City VT 05478
57 High Street St. Albans City VT 05478
57 High Street St. Albans City VT 05478
57 High Street St. Albans City VT 05478
57 High Street St. Albans City VT 05478
57 High Street St. Albans City VT 05478
57 High Street St. Albans City VT 05478
57 High Street St. Albans City VT 05478
57 High Street St. Albans City VT 05478
57 High Street St. Albans City VT 05478
57 High Street St. Albans City VT 05478
57 High Street St. Albans City VT 05478
57 High Street St. Albans City VT 05478
57 High Street St. Albans City VT 05478
57 High Street St. Albans City VT 05478
57 High Street St. Albans City VT 05478
57 High Street St. Albans City VT 05478
57 High Street St. Albans City VT 05478
57 High Street St. Albans City VT 05478
57 High Street St. Albans City VT 05478
57 High Street St. Albans City VT 05478
57 High Street St. Albans City VT 05478
57 High Street St. Albans City VT 05478
57 High Street St. Albans City VT 05478
57 High Street St. Albans City VT 05478
57 High Street St. Albans City VT 05478
57 High Street St. Albans City VT 05478
57 High Street St. Albans City VT 05478
57 High Street St. Albans City VT 05478
57 High Street St. Albans City VT 05478
57 High Street St. Albans City VT 05478
57 High Street St. Albans City VT 05478
  • 0.17Acreage
  • 4Bathrooms
  • 1900Year Built
  • 3,395Square Feet

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Listed by Mikail Stein of RE/MAX North Professionals
Looking for a great investment, look no further! Location, location, location, this High Street property, built in 1900 and kept in great shape with updates to plumbing, electrical, heating, flooring, kitchens, windows, etc. There are four units, two with 1 bedroom and 1 bath and two with 2 bedrooms and 1 bath. All of the apartments have good space and great daylight, not to mention their own washer and dryer. There is ample parking in the rear of the apartment on the properties nearly 1/5th of an acre lot. Tenants are responsible for all utilities other than trash, water & sewer with separate utilities. The property operates at a 6.58% CAP rate with net income of over $34,000/yr. If brought up to market rents the property could easily boast a CAP rate of over 8.65% and it doesn't get much better! Only 3 blocks from St. Albans' Main Street, less than a mile to the Hard'Ack Recreation Area, 50 Minutes to great skiing at Jay Peak, and only 30 minutes to Burlington's Church Street! A great property you'll want in your portfolio!

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More Info

Tax Information

  • Tax Year2024

Building

  • Year Built1900
  • Building ConstructionOther
  • StyleColonial
  • Units4
  • Unit 1 Bath1
  • Unit 1 Bedrooms2
  • Unit 1 Floor Location1&2
  • Unit 2 Bath1
  • Unit 2 Bedrooms1
  • Unit 2 Floor Location1
  • Unit 2 StyleFlat
  • Unit 3 Bath1
  • Unit 3 Bedrooms1
  • Unit 3 Floor Location2
  • Unit 3 StyleFlat
  • Unit 4 Bath1
  • Unit 4 Floor Location3
  • Unit 4 StyleFlat
  • # of 1 Bedrooms2
  • # of 2 Bedrooms2
  • Bathroom4
  • Total Baths4
  • BasementUnfinished
  • FoundationBrick, Concrete, Fieldstone, Other

Basic Information

  • StatusActive With Contract
  • List Price$525,000
  • Date Price Change11/09/2023
  • MLS Number4977234
  • MLS StatusActive Under Contract

Exterior

  • ExteriorVinyl Siding, Wood Siding
  • RoofOther, Shingle, Slate
  • Exterior Colorwhite

Utilities

  • Heat FuelGas - Natural
  • Heat SystemBaseboard, Hot Air, Hot Water, Monitor Type
  • WaterPublic
  • Water HeaterElectric
  • ElectricCircuit Breaker(s)
  • SewerPublic
  • UtilitiesOther

Location

  • TownSt. Albans City
  • StateVT
  • Zip05478
  • CountyFranklin
  • Zoningres
  • Flood Zone Y/NNo

Property

  • Acreage0.17
  • Parking Spaces
  • Lot DescriptionCity Lot
  • Square Feet3,395
  • APX Fin AG Sqft3,395
  • RoadsPublic

Amenities

  • PricePerSqFt154.64

Other

  • Taxes$6,111.28
  • Tax Year Notes2023/2024
  • Seasonal Y/NNo
  • Date Listed11/09/2023
  • Unit 1 Deposit$1,500
  • Unit 2 Rent Amount$850
  • Unit 3 Rent Amount$1,000
  • Unit 4 Rent amount$750

Your Local Office

More Info »
Larkin Realty
Office: 802-864-7444
410 Shelburne Road
Burlington, VT 05401
Broker Reciprocity 

Copyright 2023 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated November 28, 2023 8:09 PM EST

 
Broker Reciprocity 

Copyright 2023 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated November 28, 2023 8:09 PM EST

 

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