Saint Albans $ 299,900

Sold

This property was marked Sold on Mar 19, 2019

Totally renovated 4 unit apartment building in excellent Saint Albans location with great numbers!


PROPERTY ADDRESS

229 South Main Street Saint Albans, VT

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 front building section is stone with stucco veneer and has 2 ground floor 1 BR units and a large second floor 3 BR unit. The front common area front porch is great for relaxing.
The rear building section is wood framed with vinyl siding and has a beautiful totally renovated two level townhouse style 3 BR apartment with washer/dryer and private deck and entrance.
A detached 2 stall garage is also on site.
The heated basement includes a coin operated laundry and separate large storage area.
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

Basic Features
  • Bedrooms 8
  • Baths 4

Additional Features
  • Flooring: Carpet, Hardwood, Tile
  • Garage: Two Car
  • Basement: Unfinished
  • Heating Sources: Natural Gas
  • Property Type: Multi Family
Property ID: #10593