219 Lake Street
St. Albans, VT 05478
$1,500,000
Price
16
Beds
8
Baths
14,856 Sq. Ft.
$101 / Sq. Ft.
14,856
Sq. Ft.
$101
per Sq. Ft.
Description
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...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 • Blue Slate Realty
- Listed by Heather Kelly • Blue Slate Realty
Property Details for 219 Lake Street
Parking
On-Site, Parking Spaces 5 - 10, Unpaved
ZoningCommercial
LISTING UPDATED: 08/29/2024 01:17 PM
Property Details for 219 Lake Street
| Status | Active |
|---|---|
| MLS # | 5001835 |
| Days on Market | 184 |
| Taxes | $15,615 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 1900 |
| Lot Size | 0.33 AC / 14,374 SF |
| County | Franklin County |
Building Information for 219 Lake Street
Stories3Residences8Year Built1900Building Size-Lot Size0.33 AC / 14,374 SF
Property Information for 219 Lake Street
Summary
Location and General Information
- Area Description: Near Shopping, Near Public Transportatn, Near Railroad, Near Hospital
- City: St. Albans City
- County: VT-Franklin
- Directions: From I89 take exit 19 to Main St. Right onto Main and at third street light, left onto Lake St. About .4 mile on the right. Property on corner of Lake and Spruce Street.
- Latitude: 44.811314881893431
- Longitude: -73.091856373016356
- Road Frontage: Yes
- Seasonal: No
- State: VT
- Street Designation: Street
- Zip Code: 05478
Taxes and HOA Information
- SPAN Number: 549-173-01037
- Tax - Gross Amount: $15,614.84
- Tax Year: 2024
- Taxes TBD: No
School Information
- School - High: BFASt Albans
- School - District: Maple Run USD
- School - Elementary: St Albans City School
- School - Middle/Jr: St. Albans City School
Parking
- Garage: No
- Driveway: Gravel
Property
Lot Information
- Lot - Sqft: 14375.0
- Lot Features: City Lot, Corner, Sidewalks
- Lot Size Acres: 0.33
- Road Frontage Length: 102.0
- Square Feet Apx Finished Above Grade: 14856.0
- Square Feet Apx Finished AG Source: Public Records
- Square Feet Apx Finished Below Grade: 0.0
- Square Feet Apx Finished BG Source: Public Records
- Square Feet Apx Total: 21212.0
- Square Feet Apx Total Finished: 14856.0
- Square Feet Apx Unfinished Above Grade: 0.0
- Square Feet Apx Unfinished AG Source: Public Records
- Square Feet Apx Unfinished Below Grade: 6356.0
- Square Feet Apx Unfinished BG Source: Public Records
Property and Assessments
- Property Class: Multi-Family
- Construction Status: Existing
- Flood Zone: No
- Foundation: Poured Concrete
- PreConstruction: No
- Surveyed: Unknown
- Year Built: 1900
Utilities
- Electric: Circuit Breaker(s)
- Sewer: Public
- Water Source: Public
- Utilities: Cable - Available, Gas - On-Site
- Separate Utilities: Yes
- Internet: Internet - Cable
Interior and Exterior Features
Exterior Features
- Construction Materials: Brick Exterior, Vinyl Siding
- Roads: Public
- Roof: Flat, Membrane
Interior Features
- Basement: Yes
- Basement Access Type: Interior
- Basement Description: Concrete, Storage Space, Interior Access, Exterior Access
- Total Full Baths: 8
- Heat Fuel: Gas - Natural
- Heating: Gas Heater - Vented
- Cooling: Other
- Total Stories: 3
Multi Family
Multi-Family Information
- Total Units: 8
- Total 1 BR Units: 0
- Total 2 BR Units: 8
- Total 3+ BR Units: 0
Unit Information
Unit 1
- Unit 1 Baths: 1
- Unit 1 Bedrooms: 2
- Unit 1 Lease Term: Annual
- Unit 1 Rental Amt Freq: Monthly
- Unit 1 Status: Leased
- Unit 1 Apx Sqft: 900.0
- Unit 1 Rooms: 4
- Unit 1 Tenant Pays: Electric, Heat
Unit 2
- Unit 2 Lease Term: Annual
- Unit 2 Baths: 1
- Unit 2 Rooms: 4
- Unit 2 Status: Leased
- Unit 2 Rental Amt Freq: Monthly
- Unit 2 Apx Sqft: 900.0
- Unit 2 Bedrooms: 2
Unit 3
- Unit 3 Lease Term: Annual
- Unit 3 Baths: 1
- Unit 3 Rooms: 4
- Unit 3 Rental Amt Freq: Monthly
- Unit 3 Status: Leased
- Unit 3 Apx Sqft: 900.0
- Unit 3 Bedrooms: 2
Unit 4
- Unit 4 Lease Term: Annual
- Unit 4 Rental Amt Freq: Monthly
- Unit 4 Rooms: 4
- Unit 4 Baths: 1
- Unit 4 Apx Sqft: 900.0
- Unit 4 Bedrooms: 2
- Unit 4 Status: Leased
Unit 5
- Unit 5 Rental Agreement: Yes
- Unit 5 Rental Amt Freq: Monthly
- Unit 5 Status: Leased
- Unit 5 Baths: 1
- Unit 5 Bedrooms: 2
- Unit 5 Rooms: 4
- Unit 5 Apx Sqft: 900.0
- Unit 5 Lease Term: Annual
Unit 6
- Unit 6 Rental Agreement: Yes
- Unit 6 Lease Term: Annual
- Unit 6 Baths: 1
- Unit 6 Bedrooms: 2
- Unit 6 Rooms: 4
- Unit 6 Apx Sqft: 900.0
- Unit 6 Rental Amt Freq: Monthly
- Unit 6 Status: Leased
Unit 7
- Unit 7 Bedrooms: 2
- Unit 7 Rooms: 4
- Unit 7 Baths: 1
- Unit 7 Rental Agreement: Yes
- Unit 7 Lease Term: Annual
- Unit 7 Rental Amt Freq: Monthly
- Unit 7 Status: Leased
- Unit 7 Apx Sqft: 900.0
Unit 8
- Unit 8 Baths: 1
- Unit 8 Rental Agreement: Yes
- Unit 8 Lease Term: Annual
- Unit 8 Rental Amt Freq: Monthly
- Unit 8 Status: Leased
- Unit 8 Bedrooms: 2
- Unit 8 Rooms: 4
- Unit 8 Apx Sqft: 900.0
Property History for 219 Lake Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 219 Lake Street
Taxable ValueLand$127,700Additions$348,900Total$476,600
Tax Record2023$14,455 ($1,205 / month)
Home Facts
Total Finished SqFt14,600 SqFtAbove Grade Finished SqFt14,600 SqFtStories3Lot Size14,375 SqFtStyleStoresYear Built1900CountyFRANKLINAPN(173) 23049-219
Schools near 219 Lake Street
This home is within Maple Run Unified School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 | |||
| Private - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
St. Albans City Elementary School PublicPK to 8 | ||
Northwest Technical Center Public9 to 12 | ||
Bellows Free Academy Uhsd #48 Public9 to 12 | ||
Bellows Free Academy High School Private9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Blue Slate Realty
Copyright 2024 PrimeMLS, 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 PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/22/2024 04:03 PM
