176-178 Lake St

St. Albans, VT 05478

$875,000
Price
10
Beds
4,056 Sq. Ft.
$216 / Sq. Ft.
4,056
Sq. Ft.
$216
per Sq. Ft.

Description

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...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!
  1. Listed by Kassian Prior • KW Vermont • Cell: 802-777-5941

Property Details for 176-178 Lake Street

Zoning
RESD-1
LISTING UPDATED: 10/02/2025 09:04 PM

Property Details for 176-178 Lake Street

StatusActive
MLS #5064111
Days on Market74
Taxes$7,941 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1900
Lot Size0.17 AC / 7,405 SF
CountyFranklin County

Location

Listing Courtesy of KW Vermont
Add your commute

Building Information for 176-178 Lake Street

Stories3Residences4Year Built1900Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$4,985 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,324

Property Taxes

$662

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 176-178 Lake Street

Summary
Location and General Information
  • City: St. Albans City
  • County: VT-Franklin
  • Latitude: 44.810936000001000
  • Longitude: -73.090142999999998
  • Road Frontage: TBD
  • Seasonal: No
  • State: VT
  • Street Designation: Street
  • Zip Code: 05478
Taxes and HOA Information
  • SPAN Number: 549-173-00967
  • Tax Year: 2025
  • Taxes TBD: No
Parking
  • Garage: No
  • Driveway: Gravel
Property
Lot Information
  • Lot Features: Level
  • Lot Size Acres: 0.17
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: Unknown
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1900
Utilities
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Public
  • Utilities: Cable Available
  • Internet: High Speed Intrnt Avail
Interior and Exterior Features
Exterior Features
  • Construction Materials: Masonry, Wood Frame, Clapboard Exterior
  • Roof: Metal
Interior Features
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Total Full Baths: 4
  • Flooring: Laminate
  • Heating: Natural Gas
  • Cooling: None
  • Total Stories: 3
Multi Family
Multi-Family Information
  • Total Units: 4
  • Total 1 BR Units: 1
  • Total 2 BR Units: 1
  • Total 3+ BR Units: 2
Unit Information
Unit 1
  • Unit 1 Baths: 2
  • Unit 1 Bedrooms: 4
  • Unit 1 Rooms: 6
Unit 2
  • Unit 2 Baths: 1
  • Unit 2 Rooms: 4
  • Unit 2 Bedrooms: 3
Unit 3
  • Unit 3 Bedrooms: 1
Unit 4
  • Unit 4 Bedrooms: 2

Property History for 176-178 Lake Street

DateEvent & SourcePriceAppreciation
Oct 2, 2025

Listed (Active)

New England Real Estate Network #5064111

$875,000—
DateEvent & SourcePrice
10/02/2025

Listed (Active)

New England Real Estate Network #5064111

$875,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 176-178 Lake Street

This home is within Maple Run Unified School District.
Rating
School
Type
Grades
Distance
St. Albans City Elementary School
Public - PK to 8
Northwest Technical Center
Public - 9 to 12
Bellows Free Academy Uhsd #48
Public - 9 to 12
Bellows Free Academy High School
Private - 9 to 12
Rating
School
Distance
St. Albans City Elementary School
PublicPK to 8

Northwest Technical Center
Public9 to 12

Bellows Free Academy Uhsd #48
Public9 to 12

Bellows Free Academy High School
Private9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 176-178 Lake Street, St. Albans, VT 05478

176-178 Lake Street is a multi-family home for sale in St. Albans, VT 05478. This property was listed for sale on October 2, 2025 by KW Vermont, it's currently listed at $875,000. This listing's school district is Maple Run Unified School District. Nearby schools include St. Albans City Elementary School, Northwest Technical Center and Bellows Free Academy Uhsd #48. 176-178 Lake Street is a 10-bed, 3-bath, 4,056 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Vermont

Copyright 2025 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. Data last updated 12/15/2025 04:11 PM