St. Albans City, VT | 229 South Main Street

$529,000
MLS#: 5112599
4
# of Units
3,437
Total Sq Ft
0.34
Acres
$7,720
Taxes
Restore Properties
Exceptionally updated and thoughtfully designed, this versatile multi-family property offers the space and flexibility of a single-family home with an attached apartment, and a partially finished third unit, all within walking distance of nearby parks, downtown shops, and amenities. Enjoy easy access to St. Albans Bay, the interstate, and surrounding communities for effortless commuting and recreation. The spacious owner’s unit lives much like a traditional single-family home, with a bright main level featuring durable vinyl plank flooring and a beautifully remodeled kitchen with abundant cabinetry, stainless steel appliances, and a sprawling center island perfect for gathering, entertaining, and everyday life. A first-floor primary bedroom and bath with laundry and a custom tile shower add a touch of luxury and convenience. Upstairs, three spacious bedrooms and a full bath provide plenty of room for family, guests, or a home office. Step outside to enjoy the large deck or relax on the back concrete patio overlooking the deep, fully fenced yard, offering plenty of room for children and pets to play. The attached two-bedroom apartment, accessed through its own covered porch and separate entrance, has also been tastefully updated with newer flooring, kitchen, appliances, and more. An attached heated two-car garage with additional workshop space provides room for projects, storage, and seasonal toys, while a partially finished third unit above with a vermont castings wood stove adds significant potential for additional living space, rental income, or future expansion. With all-new plumbing and electrical, including a brand-new 500-amp service, updated windows, and a durable metal roof, major improvements have already been made for years of peace of mind. Bursting with flexibility and potential, this exceptional property is ready for its next chapter, come see it for yourself!
Opportunity awaits at 229 South Main Street! Situated on a corner lot on the outskirts of St. Albans City, this four-unit multifamily property offers space, flexibility, and a convenient location close to everything the area has to offer. Downtown shops and restaurants, local services, everyday conveniences, and I-89 are all within easy reach. A beautiful, generously sized covered front porch adds character and offers a welcoming place to sit and enjoy the outdoors. The property also includes a two-car garage…an especially useful feature for storage or parking. Its corner setting provides frontage on both South Main and Freeborn Streets. With four separate residential units, there are options to consider whether you’re looking to expand an investment portfolio or explore the possibility of living in one unit while renting the others. The large porch, garage, and accessible location give this property features that are easy to appreciate beyond its four-unit layout. Enjoy the convenience of being near the heart of St. Albans while positioned at the edge of the city. If you’ve been searching for a multifamily property with character, practical amenities, and room to consider your next move, 229 South Main Street is well worth a look. Schedule your showing to explore the possibilities!
Turnkey 4-unit investment in St. Albans! This fully-rented multi-family offers two spacious 2-bedroom apartments and two 1-bedroom units, generating steady income with upside to rents. Convenient laundry in the basement and off-street parking add tenant appeal. Ideally located just a few blocks from downtown St. Albans, with restaurants, shopping, Taylor Park, schools, and the hospital all within easy reach. Minutes to I-89 for quick access to Burlington or Montreal - a solid opportunity for investors seeking cash flow and long-term appreciation in a growing market.
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.

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