St. Albans City, VT | 18 Diamond Street

$375,000
MLS#: 5089750
2
# of Units
2,225
Total Sq Ft
0.26
Acres
$7,270
Taxes
Restore Properties
Welcome to 266 Lake Street, a spacious two-unit property offering an exciting opportunity in the heart of St. Albans City. Set on a landscaped 0.30-acre corner lot, this classic farmhouse-style property was originally built in 1854 and offers 2,216 square feet of finished above-grade living space. The property features two residential units, each offering two bedrooms, creating flexibility for an owner-occupant, investor, or multi-generational living arrangement. Inside, the home blends classic character with practical updates, with hardwood, laminate, carpet, and vinyl plank flooring throughout. Public records also note that the property previously underwent kitchen and bathroom renovations that included updated electrical and plumbing. Separate utilities add convenience for a multi-unit property, while natural gas hot-air heating, public water, public sewer, circuit breaker electrical service, and cable internet availability support comfortable everyday living. Outside, the property offers plenty of additional appeal with covered and enclosed porch spaces, storage, and an abundance of off-street parking provided by the spacious circular crushed-stone driveway. The detached two-car garage features automatic openers and offers even more versatility with finished space above the garage, ideal for additional recreational, hobby, office, or storage needs. The landscaped corner lot is positioned along a paved public road with sidewalks and street lights, offering an in-town setting convenient to local amenities. With two residential units, four total bedrooms, generous living space, abundant parking, a detached two-car garage with finished space above, and a convenient St. Albans location, 266 Lake Street presents a versatile opportunity whether you're looking to expand an investment portfolio, offset expenses with rental income, or create a property that accommodates multiple households.
Tucked into the hillside section of St. Albans, this well-maintained duplex brings privacy, flexibility, Lake Champlain views, and a layout optimal for owner occupying or as an investment. Uniquely placed on a hillside between Donnelly and High Street. Each home has its own entrance and dedicated off-street parking, giving both units an easy sense of independence. Inside, each unit offers two bedrooms, a spacious living room, and a bonus office or study space for remote work, creative projects, guests, or the kind of storage that keeps life from taking over the living room. The upper unit gets the extra magic, with scenic views of Lake Champlain and access to a detached two-car garage, while the lower unit benefits from its own attached one-car garage for easy everyday convenience during Vermont winters. A full basement adds even more room for storage and workspace. With numerous updates and improvements over the years including replacement of all the windows and electrical work, this move-in-ready St. Albans multi-family property is positioned for long-term flexibility. Live in one unit and use rental income to help offset the mortgage, add a strong Vermont duplex to your investment portfolio, or create a living setup with room to adapt as life changes. Close to downtown St. Albans, shopping, dining, and everyday essentials, this is not just a duplex on a hillside. It is a smart, scenic, quietly versatile opportunity with real Vermont staying power.
This well-maintained duplex in the heart of St. Albans City offers a fantastic opportunity for investors or owner-occupants seeking space, flexibility, and convenience. Located close to downtown shops, restaurants, schools, and local amenities, the property features separate utilities, a paved driveway, landscaped lot, and a detached two-car garage built in 2018. With over 2,200 finished square feet, both units offer comfortable living spaces filled with natural light and classic charm. One unit features three bedrooms, hardwood floors, spacious living areas, and an updated bathroom completed in 2022. The second unit includes two bedrooms, a full bath, hardwood flooring, a spacious kitchen, and convenient laundry space off the kitchen. Additional highlights include vinyl windows, durable metal roofing, natural gas heat, public water and sewer, and strong multi-family potential in a convenient city location. Whether you're looking to expand your investment portfolio or offset your mortgage with rental income, this duplex is full of opportunity.

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