Listing Office: Blue Slate RealtyListing Agent: Kevin Holmes, (802) 318-2647
1 / 26
5 months on rocket
5 months on rocket
219 Lake St, Saint Albans City, VT, 05478
$1,500,000
0.33 Acres
$101/SqFt
Land
Location
Property Highlights
Home TypeOther
ParkingOn-Site, Parking Spaces 5 - 10, Unpaved
Year Built1900
CoolingOther
BasementYes
MLS #5001835
Lot Size0.33 Acres
StatusActive
About 219 Lake St
Great Investment Opportunity. This mixed-use building is located in St Albans City close to local employers, shopping, restaurants, and community resources. The building consists of 8 two bedroom apartments on the second and third floors and 2 operating businesses on the ground floor. Full basement provides great storage space plus an on-site coin operating laundry room. The building has been family owned for decades and has been kept in great shape with many recent improvements. The first floor business space currently leased by Spectrum Youth Drop-In Center was fully renovated in 2020 including a kitchen, ADA bathroom and office spaces. The apartments have been updated as turned over including two with new heaters in 2023-2024. The back of the building was enclosed in 2022 including new windows, vinyl siding and LED lighting. Extensive brickwork was completed on the westside of the building in 2024. Main roof was repaired in 2024 and the rubber membrane roof on the lower portion was replaced in 2018. Large parking lot in the back provides off-street parking for the residents and businesses. This investment property would bring immediate income as well as the potential to grow ROI quickly. Commercial Listing #5001847
Property Details
Property Features
Property Information:
Year Built: 1900
Stories: 3
Living Area: 14,856 SqFt
Listing Office:
Office Name: Blue Slate Realty
Office Phone: (802) 318-2647
Listing Agent: Kevin Holmes
Interior Features
Interior Information:
Basement: Yes
Exterior Features
Parking Information:
Parking: On-Site, Parking Spaces 5 - 10, Unpaved
Lot Features
Lot Information:
Lot Size: 0.33 Acres
Utilities
Utilities Information:
Cooling: Other
Other
Directions Information:
Directions: From I89 take exit 19 to Main St. Right onto Main and at third street light, left onto Lake St. About .4 mile on the right. Property on corner of Lake and Spruce Street.
Price Information
Listing Price Info
Price Summary:
List Price: $1,500,000
Price Per SqFt: $101/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/21/2024, 3:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$7,554
Per Month
Principal & Interest
$7,487
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,564
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Swanton Schools
24 Fourth St
Distance between this listing and this school8.17 miles
Public District Grades PK-6
5
/10
Highgate School
219 Gore Rd
Distance between this listing and this school9.14 miles
Public District Grades PK-6
5
/10
Bellows Free Academy Elementary School at Fairfax
75 Hunt St
Distance between this listing and this school10.14 miles
Public District Grades PK-6
Nearby Schools
4
/10
St. Albans Town Educational Center
169 S Main St
Distance between this listing and this school2.33 miles
Public District Grades PK-8
4
/10
St. Albans City Elementary School
29 Bellows St
Distance between this listing and this school2.65 miles
Public District Grades PK-8
3
/10
Fairfield Center School
57 Park St
Distance between this listing and this school4.54 miles
Public District Grades PK-8
Nearby Schools
4
/10
Bellows Free Academy
71 S Main St
Distance between this listing and this school2.13 miles
Public District Grades 9-12
3
/10
Missisquoi Valley Union High School
100 Thunderbird Dr
Distance between this listing and this school8.74 miles
Public District Grades 7-12
4
/10
Bellows Free Academy Middle / High School at Fairfax
75 Hunt St
Distance between this listing and this school10.14 miles
The neighbors living near this home have an average income of $89,989. The majority of Franklin County, VT residents have income between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 219 Lake St
What is the listing price of this property?
The listing price of 219 Lake St property is $1,500,000.
What type of property is this?
The property 219 Lake St is land located in Saint Albans City, Vermont, 05478.
Is this property for sale now?
Active Listing: 219 Lake St is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 219 Lake St in Saint Albans City, VT and zip code 05478. This 14,856 square foot home, which was built in 1900, sits on a 0.33 acre lot. It has been listed on Rocket Homes since June 21, 2024 and is currently priced at $1,500,000.
The number of homes for sale in Franklin County, VT increased by 50.8% between September 2024 and October 2024. Listings spent 77 days on the market in October 2024, and had a median list price of $348,500 during the same period.
From Rocket Homes Real Estate and based on county public records data.
© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
NASCAR
NASCAR
Soccer
Figure Skating
Dick's Sporting Goods
Old Navy
Stein Mart
Arbys
Jimmy Johns
Bob Evans
GMC
Buick
Chevrolet
Adult Hits
New Country