583 Lake Road
St. Albans Town, VT 05481

$424,900

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Status Pending
Listing MultiFamily
Style Federal
Year Built 1800
MLS® 4756883
Original Listing Open Link
MultiFamily For Sale
12 beds
8 bathrooms

Property Features
Large multi unit apartment building in great location in St Albans Bay. Beautiful lake views and convenient location minutes from St Albans City. Outstanding rental history and rates with room to grow. Each unit has it's own heating units and electrical panel to simplify ownership. At present 6 of 7 units are rented with one being repainted and left vacant for showing purposes. Low maintenance building with ample parking that can support 2 cars per unit. Heating units recently inspected and all building maintenance is up to date. Owner says it's time to retire. Help him out and enjoy the instant equity and positive cash flow from this great investment.
Key Features
Beds 12
Full Baths 8
House Size 7456 Sq. Ft.
Lot Size 1.00 acres
Property Type MultiFamily
Year Built 1800
Style Federal
Stories 2.0
Parking Spaces 1-car
Interior Features
Total Sq. Ft. 7456 Sq. Ft.
Heating Oil
Exterior Features
Lot Size 1.00 acres
Roof Metal
Parking Spaces 1-car
The Neighborhood
County Franklin
Elementary School St. Albans Town Educ. Center
Middle School St Albans Town Education Cntr
High School BFASt Albans

Disclaimer: Copyright © 2019 New England Real Estate Network. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Interested in this listing?
Listing Agent
Greg Costes
Century 21 Jack Associates
Direct: 802-782-7212
Broker: 802-527-7556
By clicking "submit" you agree to receive electronic communications in response to your request from NewPoint Media Group or the information provider.
Contact
Listing Agent
Greg Costes
Century 21 Jack Associates
Direct: 802-782-7212
Broker: 802-527-7556
By clicking "submit" you agree to receive electronic communications in response to your request from NewPoint Media Group or the information provider.
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Information deemed reliable but not guaranteed. All measurements are approximate. MLS® numbers are provided where available. NewPoint Media Group, LLC is not affiliated or associated with The Canadian Real Estate Association or any other owner of the MLS® word or design mark in any geographic area.