Description
Excellent investment opportunity featuring an impressive cap rate nearing 12%! Current tenants are on a month-to-month lease, offering flexible occupancy and income potential for investors or owner-occupants alike. Classic character meets everyday convenience in this farmhouse in the heart of St. Albans City. Set on a fenced lot with off-street parking, this home welcomes you with a covered front porch and side enclosed porch - perfect for enjoying Vermont's seasons. Inside, you'll find upgraded flooring in the updated kitchen and dining room, convenient first-floor laundry hookups, and a flexible floor plan designed to fit a variety of lifestyles. Three bedrooms including an easily accessible first-floor option, plus a den/office, and upstairs, a full bath. Very close to downtown St. Albans' shops, restaurants, and Taylor Park, and only minutes to I-89 for an easy commute south to Burlington or north to Montreal, this property offers the perfect blend of location and opportunity.
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3BEDS
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0.11ACRES
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1BATHS
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01/2 BATHS
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986SQFT
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$198$/SQFT
School Ratings & Info
Description
Excellent investment opportunity featuring an impressive cap rate nearing 12%! Current tenants are on a month-to-month lease, offering flexible occupancy and income potential for investors or owner-occupants alike. Classic character meets everyday convenience in this farmhouse in the heart of St. Albans City. Set on a fenced lot with off-street parking, this home welcomes you with a covered front porch and side enclosed porch - perfect for enjoying Vermont's seasons. Inside, you'll find upgraded flooring in the updated kitchen and dining room, convenient first-floor laundry hookups, and a flexible floor plan designed to fit a variety of lifestyles. Three bedrooms including an easily accessible first-floor option, plus a den/office, and upstairs, a full bath. Very close to downtown St. Albans' shops, restaurants, and Taylor Park, and only minutes to I-89 for an easy commute south to Burlington or north to Montreal, this property offers the perfect blend of location and opportunity.
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Courtesy of Lipkin Audette Team of Coldwell Banker Hickok and Boardman: Phone: 802-846-8800.