38 Kingman St Saint Albans, VT 05478
Estimated payment $6,799/month
Highlights
- Forced Air Heating System
- Walk-Up Access
- 3-minute walk to Taylor Park
About This Home
Unlock the full potential of downtown St. Albans with this remarkable mixed-use property at 38-40 Kingman Street. Perfectly positioned just moments from Taylor Park, vibrant cafes, restaurants and shops, the Amtrak station, and the municipal parking garage, this property places you at the heart of the community’s action and convenience.
On the first floor, take advantage of 3,500 square feet of prime commercial space, now subdivided into three adaptable units. Boasting an access ramp to the vast basement from the Hampton Lane side of the building, this thoughtful addition enhances the building’s functionality, providing a practical solution for both residential and commercial tenants alike.
The second floor promises consistent returns, featuring two well-appointed 2bd/1ba apartments and a spacious three-bedroom unit. With a proven track record of very low vacancy rates and below-market rents, the next owner has immediate room for growth. Upside abounds for those ready to raise rents to market levels or simply enjoy a stable, income-producing asset.
This is a property designed for those who recognize opportunity and act on it. Whether you’re growing your investment portfolio or launching a new commercial venture, 38-40 Kingman Street is your gateway to prosperity in one of Vermont’s most dynamic towns. Act now to secure your success—schedule a private tour and discover what makes this address the key to your future growth.
Listing Agent
Notch Group Real Estate License #081.0134204 Listed on: 08/17/2025
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $16,532
Year Built
- Built in 1910
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Brick Foundation
- Membrane Roofing
Interior Spaces
- Property has 2 Levels
- Basement
- Walk-Up Access
Schools
- St Albans City Elementary School
- St. Albans City Middle School
- Bfast Albans High School
Utilities
- Forced Air Heating System
- Separate Meters
Additional Features
- 3,920 Sq Ft Lot
- City Lot
Community Details
- 3 Units
- 6 Leased Units
Map
Home Values in the Area
Average Home Value in this Area
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 | $8,934 | $272,700 | $66,500 | $206,200 |
| 2023 | $8,271 | $272,700 | $66,500 | $206,200 |
| 2022 | $7,570 | $272,700 | $66,500 | $206,200 |
| 2021 | $7,658 | $272,700 | $66,500 | $206,200 |
| 2020 | $7,677 | $272,700 | $66,500 | $206,200 |
| 2019 | $7,455 | $272,700 | $66,500 | $206,200 |
| 2018 | $5,196 | $272,700 | $66,500 | $206,200 |
| 2017 | $6,929 | $272,700 | $66,500 | $206,200 |
| 2016 | $6,722 | $272,700 | $66,500 | $206,200 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/17/2025 08/17/25 | For Sale | $995,000 | -- | $142 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $250,000 | -- |
Source: PrimeMLS
MLS Number: 5056947
APN: 549-173-00126
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