Bought with Rob Cioffi • CENTURY 21 North East
$565,000
$549,900
2.7%For more information regarding the value of a property, please contact us for a free consultation.
10 Lower Newton ST St. Albans City, VT 05478
6 Beds
4 Baths
3,526 SqFt
Key Details
Sold Price $565,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,526 sqft
Price per Sqft $160
MLS Listing ID 5044422
Sold Date 08/25/25
Bedrooms 6
Full Baths 4
Construction Status Existing
Year Built 1870
Annual Tax Amount $8,038
Tax Year 2025
Lot Size 0.570 Acres
Acres 0.57
Property Description
Exceptional investment opportunity in the heart of St. Albans! This well-maintained three-unit property is ideally located close to schools, local businesses, and Northwestern Medical Center, making it a desirable option for both tenants and owner-occupants. The building features three updated and move-in-ready units: a one-bedroom, a two-bedroom, and a three-bedroom, all of which have been owner-occupied and thoughtfully cared for. Recent improvements include updated flooring, plumbing, and electrical throughout, as well as a new furnace installed in 2020. The property offers a large driveway with ample off-street parking, a valuable feature in this convenient in-town location. Whether you're an investor looking for solid returns or someone interested in occupying one unit while renting the others, this property delivers with a projected 10–11% cap rate when fully rented. Don't miss your chance to own a turnkey multi-family property in one of St. Albans' most accessible and attractive areas.
Location
State VT
County Vt-franklin
Area Vt-Franklin
Zoning 3 Fam HSE
Rooms
Basement Entrance Interior
Basement Concrete, Concrete Floor, Full, Interior Stairs, Unfinished, Interior Access
Interior
Cooling None
Flooring Carpet, Laminate, Tile, Vinyl
Exterior
Utilities Available Cable
Roof Type Shingle
Building
Story 2
Sewer Public
Architectural Style Other
Construction Status Existing
Schools
School District St Albans City School District
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