38-40 Kingman Street, Saint Albans, VT 05478

Local realty services provided by:ERA Key Realty Services
38-40 Kingman Street,St. Albans City, VT 05478
$995,000
  • - Beds
  • - Baths
  • 7,000 sq. ft.
  • Multi-family
  • Active
Listed by: christopher preston
Office: notch group real estate
MLS#:5056947
Source:PrimeMLS

Price summary

  • Price:$995,000
  • Price per sq. ft.:$94.76

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 cafés, 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

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Home facts

  • Year built:1910
  • Listing ID #:5056947
  • Added:123 day(s) ago
  • Updated:December 17, 2025 at 01:34 PM

Rooms and interior

  • Living area:7,000 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Flat, Membrane
  • Year built:1910
  • Building area:7,000 sq. ft.
  • Lot area:0.09 Acres

Schools

  • High school:BFASt Albans
  • Middle school:St. Albans City School
  • Elementary school:St Albans City School

Utilities

  • Sewer:Public Available

Finances and disclosures

  • Price:$995,000
  • Price per sq. ft.:$94.76
  • Tax amount:$16,532 (2025)
MLS LogoCopyright 2025 Prime MLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Prime MLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated December 18, 2025