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374 Lake Road, Saint Albans, VT 05478

$400,000
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New to the Market Active
BEDS4 BATHS2 full SQUARE FEET2,238 MLS#5083964
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLMaple Run USD

Listing Courtesy of: Ridgeline Real Estate
Agency Phone: 802-540-1366
Associate Name: Jeremy Collins
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Property Description

Here's a rare find and an impressive investment for anyone who loves cars or needs serious shop space. This 1850 home sits right in the St. Albans Town mixed commercial and residential district, topped with a classic standing-seam metal roof. You'll get over 2,200 square feet of finished living space, split between a two-bedroom owner-occupied and a two-bedroom unit. The downstairs unit already generates steady rental income with a clean, open rental option. Seller has done many things over the years, including replacing windows, doors, water tank, removal of trees, bringing in fill to level the back yard, installing a marble backsplash upstairs, removing bricks from the wall, blown in insulation, connecting to the town sewer, renovating the downstairs kitchen, pouring cement floor in the basement, and building the garage. The true highlight, though, is the 1080SF oversized, heated two-car garage with 12' ceilings; ideal for contractors and car enthusiasts alike. The garage includes a professional-grade lift gate, making it perfect for heavy-duty projects, equipment storage, or a full-blown restoration setup. This is the kind of space that rarely comes up in a residential listing, offering unmatched flexibility for work or play. This property sits on a roomy 0.63-acre lot, with plenty of space for parking work trucks, trailers, or multiple cars without crowding. The business district zoning and prime visibility make it a fantastic fit for contractors who want to combine their trade with a smart investment. You'll appreciate the lower taxes of St. Albans Town, and you're only minutes from all the amenities in St. Albans City. The large yard, heated garage with 12' ceilings, and move-in ready living spaces combine to create a unique opportunity for anyone who wants their home to double as a workspace. If you're a car lover or a contractor searching for something special, this property checks all the boxes.

374 Lake Road | MLS# 5083964

This multi-family property located at 374 Lake Road, Saint Albans, VT 05478 is currently listed for sale with an asking price of $400,000. Lake Road is located within the Maple Run USD school district. Search Saint Albans real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Bulkhead, Concrete, Slab
Cooling: None
Garage: 2
Heating: Natural Gas, Baseboard, Hot Water
Home Style: Carriage
Lot Size: 0.63 Acres
Roof Type: Standing Seam
Stories: 2.0
Taxes: $4,503
Year Built: 1850

Units

Unit 1:
Bathroom(s): 1
Bedrooms: 2
Square Footage: 1300
Unit 2:
Bathroom(s): 1
Bedrooms: 2
Rent: $1600.00
Square Footage: 938

Amenities

Garden Space
Other - See Remarks
Storage

Feature Descriptions

Construction: Vinyl Siding
Construction Status: Existing
Days on Site: 1
Driveway: Gravel
Driveway: Gravel
Electric: 200+ Amp Service
Exterior: Vinyl Siding
Flood Zone: No
Flooring: Laminate, Tile, Vinyl, Wood
Foundation: Concrete Slab, Stone
Foundation: Concrete Slab, Stone
Lot: Landscaped, Level, Other, In Town, Near Paths, Near Shopping, Near Public Transportatn, Near Railroad, Near School(s)
Parking: Auto Open, Heated Garage, Storage Above, Garage, Off Street, Parking Spaces 6+, RV Access/Parking, Unpaved, Visitor
Roads: Paved, Public, Public Maintained Road
Sewer: Public
Sq. Ft. Above Grade Finished: 2238
Sq. Ft. Total Finished: 2238
Total Stories: 2
Units: 2
Water: Public
Zoning: Commercial/Res

Local Schools

High School: Bellows Free Academy
Middle School: St Albans Town Education Cntr
Elementary School: St. Albans Town Educ. Center
School District: Maple Run USD

Listed By / Shown By

Listed By

Agency Name: Ridgeline Real Estate
Agency Phone: 802-540-1366
Agent Name: Jeremy Collins

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Estimated Payment

$ 1,382.14 per month $890.23 Principal & Interest $375.25 Property Tax $116.67 Homeowner's Insurance

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