38-40 Kingman St

St. Albans, VT 05478

$995,000
Price
—
Beds
—
Baths
7,000 Sq. Ft.
$142 / Sq. Ft.
7,000
Sq. Ft.
$142
per Sq. Ft.

Description

Unlock the full potential of downtown St. Albans with this remarkable mixed-use property at 38-40 Kingman Street. Perfectly positioned just moments from Taylor Park, vibrant cafés, restaurants and shops, the Amtrak station, and the municipal parking garage, this property places you at the heart of the community’s action and convenience. On the first floor, take advantage of 3,500 square feet of prime commercial space, now subdivided into three adaptable units. Boasting an access ramp to the vast...Unlock the full potential of downtown St. Albans with this remarkable mixed-use property at 38-40 Kingman Street. Perfectly positioned just moments from Taylor Park, vibrant cafés, restaurants and shops, the Amtrak station, and the municipal parking garage, this property places you at the heart of the community’s action and convenience. On the first floor, take advantage of 3,500 square feet of prime commercial space, now subdivided into three adaptable units. Boasting an access ramp to the vast basement from the Hampton Lane side of the building, this thoughtful addition enhances the building’s functionality, providing a practical solution for both residential and commercial tenants alike. The second floor promises consistent returns, featuring two well-appointed 2bd/1ba apartments and a spacious three-bedroom unit. With a proven track record of very low vacancy rates and below-market rents, the next owner has immediate room for growth. Upside abounds for those ready to raise rents to market levels or simply enjoy a stable, income-producing asset. This is a property designed for those who recognize opportunity and act on it. Whether you’re growing your investment portfolio or launching a new commercial venture, 38-40 Kingman Street is your gateway to prosperity in one of Vermont’s most dynamic towns. Act now to secure your success—schedule a private tour and discover what makes this address the key to your future growth.
  1. Listed by Christopher Preston • Notch Group Real Estate

Property Details for 38-40 Kingman Street

Zoning
B1
LISTING UPDATED: 08/17/2025 06:38 AM

Property Details for 38-40 Kingman Street

StatusActive
MLS #5056947
Days on Market120
Taxes$16,532 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1910
Lot Size0.09 AC / 3,920 SF
CountyFranklin County

Location

Listing Courtesy of Notch Group Real Estate
Add your commute

Building Information for 38-40 Kingman Street

Stories2Residences3Year Built1910Building Size-Lot Size0.09 AC / 3,920 SF

Payment Calculator

$6,294 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,917

Property Taxes

$1,378

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 38-40 Kingman Street

Summary
Location and General Information
  • City: St. Albans City
  • County: VT-Franklin
  • Latitude: 44.812093000000999
  • Longitude: -73.084757999999994
  • Road Frontage: Yes
  • Seasonal: No
  • State: VT
  • Street Designation: Street
  • Zip Code: 05478
Taxes and HOA Information
  • SPAN Number: 549-173-126
  • Tax Year: 2025
  • Taxes TBD: No
Parking
  • Garage: No
  • Driveway: None
Property
Lot Information
  • Lot Features: City Lot, Neighbor Business, Rental Complex, Sidewalks, Street Lights, Near Country Club, Near Golf Course, Near Shopping, Near Public Transportatn, Near Railroad, Near Hospital, Near School(s)
  • Lot Size Acres: 0.09
  • Road Frontage Length: 45.0
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: No
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1910
Utilities
  • Electric: Other
  • Sewer: Public
  • Water Source: Public
  • Utilities: Gas On-Site
  • Separate Utilities: Yes
  • Internet: High Speed Intrnt at Site
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick Exterior
  • Roof: Flat, Membrane, Other
Interior Features
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Basement Stairs, Concrete Floor, Exterior Access, Interior Access, Interior Stairs, Locked Storage, Storage Space, Unfinished, Walkout
  • Heating: Natural Gas, Forced Air
  • Cooling: None
  • Total Stories: 2
Multi Family
Multi-Family Information
  • Total Units: 3
  • Total 1 BR Units: 0
  • Total 2 BR Units: 2
  • Total 3+ BR Units: 1
Rental
Rent Information
  • Total Leases: 6

Property History for 38-40 Kingman Street

DateEvent & SourcePriceAppreciation
Aug 17, 2025

Listed (Active)

New England Real Estate Network #5056947

$995,000—
DateEvent & SourcePrice
08/17/2025

Listed (Active)

New England Real Estate Network #5056947

$995,000

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

Schools near 38-40 Kingman 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 38-40 Kingman Street, St. Albans, VT 05478

38-40 Kingman Street is a multi-family home for sale in St. Albans, VT 05478. This property was listed for sale on August 17, 2025 by Notch Group Real Estate, it's currently listed at $995,000. 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. 38-40 Kingman Street is a 0-bed, 0-bath, 7,000 sqft multi-family home built in 1910.

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 Notch Group Real Estate

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 12/14/2025 01:49 AM