NOT LISTED FOR SALE

191 S Main St Saint Albans, VT 05478

6 Beds
4 Baths
2,572 Sq Ft
0.81 Acres

Last Sold September 27, 2021

Last sale price $350,000 $136 Per Sq Ft

10 Days on Market

Highlights

  • Covered Patio or Porch
  • Parking Storage or Cabinetry
  • Carpet
  • 1 Car Detached Garage
  • Baseboard Heating

About This Home

As of September 2021

Great quadplex located just off Exit 19 in St Albans City. This property is great for any buyer. You could live in one unit while letting the other three pay all your expenses; you could turn it into a family compound; or you could continue to rent them all out and make a solid profit. The possibilities are endless. This property has a solid rental and profit history. It's conveniently located to the interstate and all city amenities. The seller has used the garage and space above for extra storage space but that could also be a storage rental for extra cash flow. The current owner has done many updates to the systems and has maintained it well over her ownership. Now it's time for someone new to take over.

Last Agent to Sell the Property

Tanya Bailey

M Realty License #081.0134031 Listed on: 07/05/2021

Last Buyer's Agent

Jon Templeton

Larkin Realty License #082.0006002

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,501

Year Built

  • Built in 1880

Lot Details

  • 0.81 Acre Lot
  • Lot Sloped Up

Parking

  • 1 Car Detached Garage
  • Parking Storage or Cabinetry
  • Driveway

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Slate Roof
  • Metal Roof
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Unfinished Basement

  • Interior Basement Entry
  • Dirt Floor

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Separate Meters
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Gas Meters
  • Operating Expense $12,968
  • Gross Income $39,000
  • Net Operating Income $26,032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,501

Year Built

Built in 1880

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: Follow GPS.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 136.08
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3532
  • Sq Ft - Apx Total Finished: 3532
  • Year Built: 1880
  • Remarks Public: Great quadplex located just off Exit 19 in St Albans City. This property is great for any buyer. You could live in one unit while letting the other three pay all your expenses; you could turn it into a family compound; or you could continue to rent them all out and make a solid profit. The possibilities are endless. This property has a solid rental and profit history. It's conveniently located to the interstate and all city amenities. The seller has used the garage and space above for extra storage space but that could also be a storage rental for extra cash flow. The current owner has done many updates to the systems and has maintained it well over her ownership. Now it's time for someone new to take over.
  • List Agent: 1794
  • L O1 Homesnapcom: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Dirt Floor, Unfinished
  • Sq Ft - Apx Finished AG: 2572
  • Sq Ft - Apx Finished BG: 960

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Metal, Vinyl Siding
  • Foundation: Stone
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Metal, Shingle, Slate
  • Features Exterior: Porch - Covered

Garage/Parking

  • Garage Capacity: 1
  • Parking: Driveway, Parking Spaces 6+
  • Garage: Yes
  • Garage Description: Storage Above
  • Garage Type: Detached

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: VT Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, On Demand
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard, Monitor Type
  • Electric Company: GMP
  • Separate Utilities: Yes
  • Total Electric Meters: 4
  • Total Gas Meters: 4
  • Total Ranges: 5
  • Total Refrigerators: 5
  • Total Water Heaters: 4
  • Trash: Owner
  • Utilities: Cable

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 35284
  • Lot Acres: 0.81
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: Business 2
  • Deed Book: 267
  • Deed Page: 803-804
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 39000
  • Net Income: 26032
  • Total Units: 4
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 6500.52
  • Tax Year: 2021

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
09/27/2021 09/27/21 Sold $350,000 -11.4% $136 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
07/05/2021 07/05/21 For Sale $395,000 -- $154 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tanya Bailey

    Seller's Agent in 2021

    Tanya Bailey

    M Realty

    (802) 673-5343

    7 in this area

    81 Total Sales

    Tanya Bailey
    Section Image

  • J

    Buyer's Agent in 2021

    Jon Templeton

    Larkin Realty

    Section Image
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Map

Source: PrimeMLS

MLS Number: 4870771

PrimeMLS
Vermont Franklin County St. Albans Town 05478

191 S Main St, St. Albans Town, VT

This home is located at 191 S Main St, Saint Albans, VT 05478 since 05 July 2021. This property was built in 1880. 191 S Main St 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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