NOT LISTED FOR SALE

124 S Main St Unit 1,2,3,5,6,7,8,9 Saint Albans, VT 05478

16 Beds
8 Baths
8,704 Sq Ft
0.64 Acres

Last Sold November 14, 2019

Last sale price $860,000 $99 Per Sq Ft

36 Days on Market

Highlights

  • Deck
  • Hot Water Heating System
  • Vinyl Flooring
  • Landscaped
  • High Speed Internet
  • Maintained Community

About This Home

As of November 2019

Rare Opportunity. Investors take notice. Well cared for immaculate building. Nine unit complex, fully converted into single condominium units. Keep as rental or purchase and sell individually as desired. Each unit has 2 bedrooms, 1.5 baths with open kitchen and sliding doors to private patio and 2nd floor laundry. Separate utilities. Offering as 8 unit package fully rented month to month. Exceptionally maintained inside and out. Newer systems. Off-street parking. Great location within walking distance to city center and convenient to the interstate.

Last Agent to Sell the Property

Nancy Jenkins

Nancy Jenkins Real Estate License #081.0002472 Listed on: 07/09/2019

Last Buyer's Agent

Michael Skinner

KW Vermont License #082.0002830

KW Vermont

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • 0.64 Acre Lot
  • Landscaped
  • Lot Sloped Up

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 8 Full Bathrooms
  • 8,704 Sq Ft Home
  • 2-Story Property

Flooring

  • Laminate
  • Vinyl

Parking

  • 1,120 Car Parking Spaces
  • Driveway
  • Paved Parking

Outdoor Features

  • Deck

Schools

  • Assigned Elementary And Middle School
  • Bfast Albans High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • Master Insurance
  • 8 Units
  • Red Oak Lane Condominium Subdivision
  • Maintained Community

Recreation

  • Snow Removal

Building Details

  • Operating Expense $28,119
  • Gross Income $87,900

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family, Townhouse
  • Development Subdivision: Red Oak Lane Condominium
  • Directions: Off I-89, head straight towards downtown St. Albans. Right on South Main Street. 124 South Main Street is on the left before Diamond Street.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 98.81
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 8704
  • Sq Ft - Apx Total Finished: 8704
  • Year Built: 1989
  • Remarks Public: Rare Opportunity. Investors take notice. Well cared for immaculate building. Nine unit complex, fully converted into single condominium units. Keep as rental or purchase and sell individually as desired. Each unit has 2 bedrooms, 1.5 baths with open kitchen and sliding doors to private patio and 2nd floor laundry. Separate utilities. Offering as 8 unit package fully rented month to month. Exceptionally maintained inside and out. Newer systems. Off-street parking. Great location within walking distance to city center and convenient to the interstate.
  • List Agent: 22799
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Laminate, Vinyl
  • Total Rooms Above Ground: 24
  • Sq Ft - Apx Finished AG: 8704

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Slab - Concrete
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Easements: Yes
  • Features Exterior: Deck

Garage/Parking

  • Parking: Driveway, Parking Spaces 11 - 20

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: Vermont Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Owned
  • Heating Fuel: Gas - Natural
  • Heating: Hot Water
  • Electric Company: Green Mountain Power
  • Separate Utilities: Yes
  • Trash: Dumpster
  • Utilities: Cable - Available, High Speed Intrnt -Avail

Condo/Co-op/Association

  • Management Company: Self Managed
  • Association Amenities: Building Maintenance, Master Insurance, Snow Removal, Landscaping, Trash Removal

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: St Albans City School District
  • Elementary School: Assigned
  • Middle School: Assigned
  • High School: BFASt Albans
  • Elementary School: Assigned
  • High School: BFASt Albans

Lot Info

  • Lot Sq Ft: 27878
  • Lot Acres: 0.64
  • Lot Description: Condo Development, Landscaped, Rental Complex
  • Surveyed: Yes
  • Zoning: Residential
  • Deed Book: 73
  • Deed Page: 517-518
  • Deed Recorded Type: Warranty
  • Unit/Lot Number: 1,2,3,5,6,7,8,9

Multi Family

  • Gross Income: 87900
  • Total Full Baths: 8
  • Total Units: 8
  • Total2 Bedroom Units: 8

Tax Info

  • Tax Gross Amount: 21650.88
  • Tax Year: 2019

MLS Schools

  • School District: St Albans City School District
  • School Middle Jr: Assigned

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2019 11/14/19 Sold $860,000 -8.0% $99 / Sq Ft
08/14/2019 08/14/19 Pending -- -- --
07/09/2019 07/09/19 For Sale $935,000 -- $107 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Nancy Jenkins

    Seller's Agent in 2019

    Nancy Jenkins

    Nancy Jenkins Real Estate

    (802) 578-2613

    1 in this area

    53 Total Sales

    Nancy Jenkins
    Section Image
  • Michael Skinner

    Buyer's Agent in 2019

    Michael Skinner

    KW Vermont

    (802) 233-2236

    2 in this area

    34 Total Sales

    Michael Skinner
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4763712

PrimeMLS
Vermont Franklin County St. Albans Town 05478

124 S Main St Unit 1,2,3,5,6,7,8,9, St. Albans Town, VT

This home is located at 124 S Main St Unit 1,2,3,5,6,7,8,9, Saint Albans, VT 05478 since 09 July 2019. This property was built in 1989. 124 S Main St Unit 1,2,3,5,6,7,8,9 is a home located in Franklin County with nearby schools including St. Albans City School and Bellows Free Academy High School.

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