176-178 Lake Street, Saint Albans, VT 05478
Local realty services provided by:ERA Key Realty Services
176-178 Lake Street,St. Albans City, VT 05478
$875,000
- 10 Beds
- 4 Baths
- 4,056 sq. ft.
- Multi-family
- Active
Listed by:kassian priorCell: 802-777-5941
Office:kw vermont
MLS#:5064111
Source:PrimeMLS
Price summary
- Price:$875,000
- Price per sq. ft.:$128.37
About this home
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!
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Home facts
- Year built:1900
- Listing ID #:5064111
- Added:4 day(s) ago
- Updated:October 06, 2025 at 11:53 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:4
- Full bathrooms:4
- Living area:4,056 sq. ft.
Structure and exterior
- Roof:Metal
- Year built:1900
- Building area:4,056 sq. ft.
- Lot area:0.17 Acres
Schools
- High school:Bellows Free Academy
- Middle school:St. Albans City School
- Elementary school:St Albans City School
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$875,000
- Price per sq. ft.:$128.37
- Tax amount:$7,940 (2025)
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