St Albans VT Multifamily Homes

MLS Number 5001835

• Multifamily
• Units 8
• Bathroom 8
• Acreage 0.33
• Square Feet 14,856

Great Investment Opportunity. This mixed-use building is located in St Albans City close to local employers, shopping, restaurants, and community resources. The building consists of 8 two bedroom apartments on the second and third floors and 2 operating businesses on the ground floor. Full basement provides great storage space plus an on-site coin operating laundry room. The building has been family owned for decades and has been kept in great shape with many recent improvements. The first floor business space currently leased by Spectrum Youth Drop-In Center was fully renovated in 2020 including a kitchen, ADA bathroom and office spaces. The apartments have been updated as turned over including two with new heaters in 2023-2024. The back of the building was enclosed in 2022 including new windows, vinyl siding and LED lighting. Extensive brickwork was completed on the westside of the building in 2024. Main roof was repaired in 2024 and the rubber membrane roof on the lower portion was replaced in 2018. Large parking lot in the back provides off-street parking for the residents and businesses. This investment property would bring immediate income as well as the potential to grow ROI quickly. Commercial Listing #5001847

Listed by Kevin Holmes and Heather Kelly of Blue Slate Realty

MLS Number 4986654

• Multifamily
• Units 4
• Acreage 0.56
• Square Feet 3,292
• Utilities Gas - On-Site

Property Investors take note! Opportunity abounds with this stand alone investment property! 4 units on Main Street in St. Albans, the location does not get better than this. A commercial rental on the first floor, a three bed apartment on the second floor, and two, one bedroom apartments on the third floor. All are currently rented. Improvements include roof, windows, siding, ADA access ramp, one of two boilers, and HW tank. Unit 1 tenant has been there 22 years. Owners pay heat for the 1st floor and the 3rd floor. Second floor tenant pays their own heat and electric. 3rd floor tenants pay their own electric. Each apartment has a range and refrigerator. Plenty of off street parking available. Bring your own business or add this income property to your investment portfolio! Sellers are VT Broker and Real Estate Agent Professionals.

Listed by The Cheryl Boissoneault Team of Your Journey Real Estate

MLS Number 5016031

• Multifamily
• Units 3
• Acreage 0.34
• Square Feet 3,212
• PricePerSqFt 139.79

Welcome to a delightful 3 unit building in the heart of St Albans. Conveniently located in walking distance to downtown, NMC and many restaurants. All units are rented with long term tenants. With a little sweat equity this building can be a long term investment that will not disappoint.

Listed by Chris Kelly of Northern Vermont Realty Group

MLS Number 5008858

• Multifamily
• Units 2
• Bathroom 4
• Acreage 0.19
• Square Feet 2,304

Invest or let your neighbor help with the mortgage! This property has two 3 bedroom apartments with 2 baths, In 2013 both units were total rehabs taking it back to the studs. Spray foam was done in the full basements, first floor, second floor and 12 inches of insulation in the attic. New wiring, plumbing kitchens with energy star appliances and both have a full bath and laundry downstairs. New windows with low E gas, new roof. Unit 6 got a new furnace in 2013, Unit 8 new furnace in 2023. Each unit has an enclosed porch, garage and there is one attached shed for storage, both units have asphalt driveways. Section 8 states will pay up to $2,300 plus utilities per month for a 3 BR, 1 bath. Both tenants have been given an evict notice to be out by November 30, 2024. Picture the units with cleaning and you can pick the paint color. These units are near the city bus route and about 1 1/4 miles to the interstate.

Listed by Shawn Cheney of EXP Realty

MLS Number 5018129

• Multifamily
• Units 3
• Bathroom 3
• Acreage 0.25
• Square Feet 2,446

Property Investors take note! Opportunity abounds with this stand alone investment property! This delightful tri-plex is in the heart of the upper city section of St. Albans! This well-maintained property is perfect for those seeking a move-in ready home with the added benefit of rental income or multi-generational living. Unit 1 offers a cozy and inviting atmosphere with 2 bedrooms and 1full bathroom. Enjoy the spacious back deck looking over the large backyard. Unit 2 and unit 3 both have a 1 bedroom and 1 bathroom. Located just a short distance from downtown St. Albans, you'll have easy access to shopping, dining, and the hospital. This triplex is a rare find, combining convenience and charm in a vibrant community. Don't miss the opportunity to own this move-in ready property with the perfect blend of comfort and practicality!

Listed by Sherry Corbeil of M Realty