$995,000

38 Kingman St Saint Albans, VT 05478

Estimated payment $6,596/month

Total Views 6,123
-- Bed
-- Bath
7,000 Sq Ft
$142 Price per Sq Ft

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

Christopher Preston

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$16,532

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1910
  • Display On Internet: High Speed Intrnt at Site
  • Architectural Style: Apartment Building
  • ResoLotFeatures: City Lot, Neighbor Business, Rental Complex, Sidewalks, Street Lights, Near Country Club, Near Golf Course, Near Shopping, Near Public Transit, Near Railroad, Near Hospital, Near School(s)
  • Road Frontage Type: Paved, Public Maintained Road, Public
  • MLS Status: (10) Active - Active
  • Above Grade Finished Sq Ft: 7000.0
  • Unit Levels: Two
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Basement_Access_Type: Walk-up
  • Separate_Utilities: Yes
  • Above_Grade_Unfinished_Area_Source: Assessor
  • Below_Grade_Unfinished_Area_Source: Assessor
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Concrete Floor, Interior Stairs, Locked Storage, Storage Space, Unfinished, Walkout, Interior Entry, Exterior Entry, Basement Stairs
  • Basement YN: Yes

Exterior Features

  • Driveway: None
  • Roof: Flat, Membrane, Other
  • Construction Type: Brick Exterior
  • Foundation Details: Brick/Mortar

Garage/Parking

  • Attached Garage: No

Utilities

  • Electric: Other
  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Cooling: None
  • Utilities: Gas On-Site
  • Water Source: Public

Schools

  • Elementary School: St Albans City School
  • High School: BFASt Albans
  • Middle Or Junior School: St. Albans City School

Lot Info

  • Surveyed: Unknown
  • Zoning: B1
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3920.0

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 16532.16

Multi Family

  • Number Of Units Total: 3
  • Number Of Units Leased: 6

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
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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 $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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2025 08/17/25 For Sale $995,000 -- $142 / Sq Ft
Source: PrimeMLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $250,000 --
Source: Public Records

Source: PrimeMLS

MLS Number: 5056947

PrimeMLS

APN: 549-173-00126