6-8 Lower Gilman Street St. Albans City, Vermont 05478 MLS# 5008858
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$375,000 List Price
Multi Type
6 Beds
4 Baths
2,304 Sqft
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Franklin County
Invest or let your neighbor help with the mortgage! This property has two 3 bedroom apartments with 2 baths, In 2013 both units were total rehabs taking it back to the studs. Spray foam was done in the full basements, first floor, second floor and 12 inches of insulation in the attic. New wiring, plumbing kitchens with energy star appliances and both have a full bath and laundry downstairs. New windows with low E gas, new roof. Unit 6 got a new furnace in 2013, Unit 8 new furnace in 2023. Each unit has an enclosed porch, garage and there is one attached shed for storage, both units have asphalt driveways. Section 8 states will pay up to $2,300 plus utilities per month for a 3 BR, 1 bath. Both tenants have been given an evict notice to be out by November 30, 2024. Picture the units with cleaning and you can pick the paint color. These units are near the city bus route and about 1 1/4 miles to the interstate. †
Property Location
Property Details
Contract Date Oct 17th, 2024 | ||
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List Price 375,000 | Bedrooms 6 | Garage Size 2 Car |
Cooperation Fee Unknown | Total Bathrooms 4 | Year Built 1925 |
MLS# 5008858 | Lot Size 0.19 Acres | Taxes $4,410 |
Type Multi-Family | Days on Market 105 Days | Tax Year 2023 |
Units 2 | Stories 2 | Road Frontage |
Annual Income $32,400 | Style | Water Frontage |
Annual Expenses $0 | Finished 2,304 Sqft | Construction No, Existing |
Zoning Residential | Above Grade 2,304 Sqft | Seasonal No |
Total Rooms 6 | Below Grade 0 Sqft | List Date Aug 8th, 2024 |