$875,000

176-178 Lake Street, St. Albans City, VT 05478

  • 4 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

This listing courtesy of Kassian R Prior, KW Vermont

Income-Producing Cash Cow in St. Albans! This long-term, owner-held property with a strong rental history is an incredible investment opportunity. The building offers a mix of units rarely found in today’s market: one 4-bedroom, 1-bath unit, one 3-bedroom, 1-bath unit, one 2-bedroom, 1-bath unit, and one 1-bedroom, 1-bath unit. Each apartment features soaring ceilings, laminate flooring, and full kitchens, while oversized layouts provide the space tenants want but seldom find. The proven occupancy and steady demand highlight its value as a reliable income producer. In addition to the rental units, the property includes massive rear storage currently generating additional rental income. This unique feature also presents a redevelopment or expansion opportunity, creating potential for even greater future cash flow. On- and off-street parking add convenience for tenants, increasing overall appeal and retention. Located in central St. Albans, the property is close to shopping, dining, and local amenities, making it highly desirable to tenants. With multiple income streams, upside for redevelopment, and pricing below suggested market value based on local cap rates, this property more than earns its reputation as a cash cow. Don’t miss the chance to secure a versatile, income-producing asset in a prime location!

Listing Status:
Active
Date Added:
October 2, 2025 at 05:00AM
Listing Office:
KW Vermont : 802-654-8500
Listing Agent:
Kassian R Prior : 802-777-5941
MLS ID:
5064111
  • Basement: Unfinished
  • Flooring: Laminate
  • A/C: None
  • Heating: Natural Gas
  • General: Porch
  • Style: Multi-Family
  • Roofing: Metal
  • General: Clapboard ExteriorMasonryWood FrameConcrete
  • Road/Access: Public
  • County: FranklinVT
  • Driveway: Gravel
  • Zoning: RESD-1
  • Utilities: Cable Available
  • Water: Public
  • Sewer: Public

This listing courtesy of Kassian R Prior, KW Vermont

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

St. Albans City Elementary School

29 Bellows St, Saint Albans, VT, 05478

Grades PK-8

0.65 miles away

S

St. Albans City Elementary School

29 Bellows St, Saint Albans, VT, 05478

Grades PK-8

0.65 miles away

B

Bellows Free Academy

71 S Main St, Saint Albans, VT, 05478

Grades 9-12

0.39 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.