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208 South Main St

st. albans, VT 05478

$695,000

    INTERESTED? LET'S CONNECT

    Clean, great condition, up to code and with great numbers! One of the best 4-plex units you will find in the little City of St. Albans, VT. 4 units, each of about 1000+ SF, all identical. 2 Bedrooms, large kitchen, huge living room, sun porch, walk in pantry, parlor and nice full bath. Two long-term tenants, two newer tenants all with 1-year leases. Current numbers are approximately Gross $71,700 with a net of $41,483. First floor apartments are likely well below market (Long term tenants). Each unit has a 1 car garage and a basement locked storage area. Large common yard with paved off street parking. This month, in preparation, sellers had all code enforcement checked, fire/occupancy, lead paint, dry vents, fire extinguishers, heating systems, etc. All minor issues are being addressed now. You will see pride in ownership from this landlord who has modernized and kept up with code. Vendors who have visited lately have mentioned they rarely see a place like this, very nice. Town water/sewer, VT Gas, Trash Service and local Lawn/Plow make this easy to maintain. Tenants were welcoming and easy to work with. This opportunity is ready to go with little to no work. Come see it today.

    Details

    0.57 Private Acres Lot Size

    Investment

    Built in 1947

    MLS/Listing ID 5067656

    4 Units

    Amenities & Features

    Parking - Detached

    Parking - Driveway

    Parking - Garage

    Parking - Off Street

    Parking - Paved

    Natural Gas Water Heater

    Construction - Wood Frame

    Construction - Vinyl Siding

    Enclosed Porch

    Carpet

    Hardwood

    Vinyl

    Heating - Natural Gas

    Heating - Baseboard

    Heating - Hot Water

    Lot - Level

    Lot - Sidewalks

    Lot - Street Lights

    PRIME

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    TOTAL MONTHLY COST

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    INTEREST

    Interested in 208 South Main St?