229 South Main Street St. Albans City, Vermont 05478 MLS# 4729691

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Sold Status

$320,000 Sold Price

Multi Type

8 Beds

3 Baths

3,437 Sqft

Listed By Jason Saphire of www.HomeZu.com
Sold By Polli Properties

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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 †

Property Location

229 South Main Street St. Albans City

Property Details

Essentials

Sold Price $320,000		Sold Date Feb 13th, 2019
List Price 299,900	Bedrooms 8	Garage Size 2 Car
Cooperation Fee Unknown	Total Bathrooms 3	Year Built 1860
MLS# 4729691	Lot Size 0.34 Acres	Taxes $6,112
Type Multi-Family	Days on Market 2178 Days	Tax Year 2018
Units 4	Stories 2	Road Frontage
Annual Income $4,800	Style Apartment Building	Water Frontage
Annual Expenses $0	Finished 3,437 Sqft	Construction No, Existing
Zoning Urban Residential	Above Grade 3,437 Sqft	Seasonal No
Total Rooms 8	Below Grade 0 Sqft	List Date Dec 5th, 2018

Expenses

Gross Income $4,800	Operating Expenses $0	Net Income $0

Expenses Includes

Unit Size & Rent

Unit 1 1 Beds, 1 Baths, 691 SqFt, $975/Monthly	Unit 2 1 Beds, 1 Baths, 525 SqFt, $925/Monthly
Unit 3 3 Beds, 1 Baths, 960 SqFt, $1,600/Monthly	Unit 4 3 Beds, Baths, 1,261 SqFt, $1,300/Monthly

Building

ConstructionWood Frame, Masonry
BasementWalk-up, Unfinished
Interior Features
Exterior Features

Exterior Vinyl, Stucco	Disability Features
Foundation Block, Stone, Other	House Color Beige
Floors Vinyl, Carpet, Tile, Hardwood	Building Certifications
Roof Shingle-Asphalt, Metal	HERS Index

Property

DirectionsI-89 Exit 19, straight through light to Main St., turn left, go 2 blocks, building on left
Lot DescriptionNo, Corner, City Lot
Garage & Parking Yes, Assigned, , On Site, Off Street

Road Frontage	Water Access
Driveway Paved, Gravel	Water Type
Flood Zone No	Water Body
Zoning Urban Residential

Schools

School District NA	Middle
Elementary	High

Utilities

Heat Fuel	Excluded None
Heating/Cool None, Steam, Space Heater	Negotiable
Sewer Public Sewer at Street	Parcel Access ROW
Water Public Water - At Street	ROW for Other Parcel
Water Heater Gas-Natural	Financing
Cable Co	Documents Property Disclosure, Certificate CC/CO, Lease Agreements
Electric 100 Amp	Tax ID 549-173-00057

† The remarks published on this webpage originate from Listed By Jason Saphire of www.HomeZu.com 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.