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Income-Producing Cash Cow in St. Albans! This long-term $875,000

176-178 Lake Street, St. Albans City, VT 05478

10 br, 3.0 ba, 1900 4056 sf
Franklin County
Ad #: 7150392

Home For Sale near Lake Champlain - Franklin County

Income-Producing Cash Cow in St. Albans! This long-term, owner-held property with a strong rental history is an incredible investment opportunity. The building offers a mix of units rarely found in today's market: one 4-bedroom, 1-bath unit, one 3-bedroom, 1-bath unit, one 2-bedroom, 1-bath unit, and one 1-bedroom, 1-bath unit. Each apartment features soaring ceilings, laminate flooring, and full kitchens, while oversized layouts provide the space tenants want but seldom find. The proven occupancy and steady demand highlight its value as a reliable income producer. In addition to the rental units, the property includes massive rear storage currently generating additional rental income. This unique feature also presents a redevelopment or expansion opportunity, creating potential for even greater future cash flow. On- and off-street parking add convenience for tenants, increasing overall appeal and retention. Located in central St. Albans, the property is close to shopping, dining, and local amenities, making it highly desirable to tenants. With multiple income streams, upside for redevelopment, and pricing below suggested market value based on local cap rates, this property more than earns its reputation as a cash cow. Don't miss the chance to secure a versatile, income-producing asset in a prime location!

Property Details

  • Beds: 10
  • Baths: 3.0
  • Sq Feet: 4056
  • Year Built: 1900
  • Location: Lake Champlain - Franklin County
  • Acres: 0.170
  • County: Franklin County
  • Heat/AC: Natural Gas
  • Roof: Metal
  • Stories: 3
  • Property Taxes: $7,941
  • MLS #: 5064111

Location

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Contact Information:

Contact Agent
Listing Agent: Kassian Prior, KW Vermont, 802-777-5941, 802-654-8500 Listing Site, Listing Status: Active
Copyright © 2025 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Home For Sale in St. Albans City, Vermont
Ad Number : 7150392
Viewed: 22 times
Added: Dec 31, 2025
Updated on: Dec 31, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.