$375,000
$40K PRICE DROP

112 S Main St Saint Albans, VT 05478

Estimated payment $2,498/month

Total Views 13,420
5 Beds
3 Baths
3,122 Sq Ft
$120 Price per Sq Ft

Highlights

  • Corner Lot
  • Baseboard Heating
  • Carpet
  • Shed

About This Home

3 unit apartment building with off-street parking. This building has two 2 br units and a 1 Br unit. Each unit has an enclosed porch and the two first level units have 9 ft ceilings. The numbers on this building are strong this could be a great opportunity for an owner occupied option. This building is turnkey renting and ready to go. Two of the units are vacant and ready for you or your choice of tenants while the other unit is occupied. The building has a full basement and laundry hookups in the basement with community access options. A coin op laundry could be added for additional income. The back yard has ample parking and a shed. Come take a look and make this your home or jump into investing in property.

Listing Agent

Shawn Cheney

EXP Realty Brokerage Phone: 802-782-0400 License #081.0133978 Listed on: 12/28/2024

EXP Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,996

Year Built

  • Built in 1890

Lot Details

  • 10,454 Sq Ft Lot
  • Corner Lot

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • Property has 2 Levels
  • Basement
  • Interior Basement Entry

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • Stone Driveway
  • Off-Street Parking
  • Off-Site Parking

Schools

  • St Albans City Elementary School
  • St. Albans City Middle School
  • Bellows Free Academy High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Cable TV Available

Additional Features

  • Shed
  • City Lot

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $61,000
  • Net Operating Income $49,780

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,996

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Directions: From I-89 Exit 19 take St. Albans State Highway to Rt 7 North/South Main St. Turn right/go North on South Main. Turn left on New St. House is on the corner of South Main and New Street.
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1890
  • Display On Internet: High Speed Intrnt Avail
  • Architectural Style: Apartment Building
  • ResoLotFeatures: City Lot, Corner Lot
  • Road Frontage Type: Paved, Public
  • Attribution Contact: Cell: 802-782-0400
  • MLS Status: (10) Active - Active
  • Above Grade Finished Sq Ft: 3122.0
  • Unit Levels: Two
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Basement_Access_Type: Interior
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Water Heater off Boiler
  • Total Bedrooms: 5
  • Flooring: Carpet, Laminate, Vinyl
  • Basement: Unfinished
  • Basement YN: Yes

Exterior Features

  • Driveway: Crushed Stone
  • Exterior Features: Enclosed Porch, Shed
  • Roof: Metal, Architectural Shingle
  • Construction Type: Wood Frame
  • Foundation Details: Stone

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Off Site, Off Street

Utilities

  • Electric: Circuit Breakers, Fuses
  • Sewer: Public Sewer
  • Heating: Natural Gas, Baseboard, Hot Water
  • Cooling: None
  • Utilities: Cable Connected
  • Water Source: Public

Schools

  • Elementary School: St Albans City School
  • High School: Bellows Free Academy
  • Middle Or Junior School: St. Albans City School

Lot Info

  • Surveyed: Unknown
  • Zoning: Residential
  • Lot Size Acres: 0.24
  • Lot Size Sq Ft: 10454.0

Multi Family

  • Gross Income: 61000.0
  • Number Of Units Total: 3
  • Net Operating Income: 49780.0
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 5995.6

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,995 $183,000 $46,800 $136,200
2023 $5,550 $183,000 $46,800 $136,200
2022 $5,080 $183,000 $46,800 $136,200
2021 $5,029 $183,000 $46,800 $136,200
2020 $4,999 $183,000 $46,800 $136,200
2019 $4,857 $183,000 $46,800 $136,200
2018 $3,300 $183,000 $46,800 $136,200
2017 $4,515 $183,000 $46,800 $136,200
2016 $4,438 $183,000 $46,800 $136,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 For Sale $375,000 0.0% $120 / Sq Ft
08/26/2025 08/26/25 For Sale $375,000 0.0% $120 / Sq Ft
08/01/2025 08/01/25 Pending -- -- --
06/26/2025 06/26/25 Pending -- -- --
06/23/2025 06/23/25 Price Changed $375,000 -3.6% $120 / Sq Ft
05/16/2025 05/16/25 Price Changed $389,000 -2.5% $125 / Sq Ft
04/16/2025 04/16/25 For Sale $399,000 0.0% $128 / Sq Ft
03/14/2025 03/14/25 Off Market $399,000 -- --
03/14/2025 03/14/25 Pending -- -- --
02/20/2025 02/20/25 Pending -- -- --
02/11/2025 02/11/25 Price Changed $399,000 -3.9% $128 / Sq Ft
12/28/2024 12/28/24 For Sale $415,000 +43.6% $133 / Sq Ft
12/30/2021 12/30/21 Sold $289,000 0.0% $93 / Sq Ft
11/19/2021 11/19/21 Pending -- -- --
11/10/2021 11/10/21 For Sale $289,000 -- $93 / Sq Ft
Source: PrimeMLS

Source: PrimeMLS

MLS Number: 5025296

PrimeMLS

APN: 549-173-00190