Property Investors take note! Opportunity abounds with this stand alone investment property! 4 units on Main Street in St. Albans, the location does not get better than this. A commercial rental on the first floor, a three bed apartment on the second floor, and two, one bedroom apartments on the third floor. All are currently rented. Improvements include roof, windows, siding, ADA access ramp, one of two boilers, and HW tank. Unit 1 tenant has been there 22 years. Owners pay heat for the 1st floor and the 3rd floor. Second floor tenant pays their own heat and electric. 3rd floor tenants pay their own electric. Each apartment has a range and refrigerator. Plenty of off street parking available. Bring your own business or add this income property to your investment portfolio! Sellers are VT Broker and Real Estate Agent Professionals. †

Essentials

List Price 499,900	Bedrooms 5	Garage Size Car
Cooperation Fee Unknown	Total Bathrooms 4	Year Built 1905
MLS# 4986654	Lot Size 0.56 Acres	Taxes $8,662
Type Multi-Family	Days on Market 265 Days	Tax Year 2024
Units 4	Stories 1/2/1900	Road Frontage
Annual Income $59,196	Style	Water Frontage
Annual Expenses $0	Finished 3,292 Sqft	Construction No, Existing
Zoning commercial	Above Grade 3,292 Sqft	Seasonal No
Total Rooms 5	Below Grade 0 Sqft	List Date Mar 1st, 2024

Expenses

Gross Income $59,196	Operating Expenses $0	Net Income $0

Expenses Includes

Unit Size & Rent

Unit 1 0 Beds, 1 Baths, $1,633/Monthly	Unit 2 3 Beds, 1 Baths, $1,500/Monthly
Unit 3 1 Beds, 1 Baths, $900/Monthly	Unit 4 1 Beds, 1 Baths, $900/Monthly

Building

Construction
BasementWalk-up, Unfinished
Interior Features
Exterior Features

Exterior	Disability Features
Foundation Stone	House Color
Floors	Building Certifications
Roof Shingle-Architectural	HERS Index

Property

Directions
Lot Description, Stream
Garage & Parking No

Road Frontage	Water Access
Driveway Paved	Water Type
Flood Zone Unknown	Water Body
Zoning commercial

Schools

School District NA	Middle
Elementary	High

Utilities

Heat Fuel	Excluded
Heating/Cool None, Hot Water, Baseboard	Negotiable
Sewer Public	Parcel Access ROW
Water	ROW for Other Parcel
Water Heater	Financing
Cable Co	Documents
Electric Circuit Breaker	Tax ID 549-173-10702