38-40 Kingman Street St. Albans City, VT $ 995,000
38-40 Kingman Street
$ 995,000
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38-40 Kingman Street

St. Albans City, VT, 05478
$ 995,000
Baths0.0 Sq 7,000

Monthly Estimate*

$ 6,126

Listed by Christopher Preston, Notch Group Real Estate, 802-280-5044, chris@notchgrouprealestate.com
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Studio Multi-Family Home for sale in St. Albans City, VT for $995,000. This 7,000 square foot home was built in 1910 on a lot size of 0.09.

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.

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Multi-Family Active

Price

$ 995,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Apartment Building

Lot Size

0.09

Year Built

1910

Town/City

St. Albans City

County/Region

FRANKLIN

MLS | Web ID

5056947

Features
Interior
Basement Description Concrete Floor Interior Stairs Locked Storage Storage Space Unfinished Walkout Interior Access Exterior Access Basement Stairs
Basement Yes
Total Number of Units 3
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General
Road Frontage Yes
Sewer Public
Heating Natural Gas Forced Air
Cooling None
Utilities Gas On-Site
Possession At Closing Per Lease
Roof Flat Membrane Other
Garage No
Flood Zone No
Zoning B1
Year Built 1910
Electric Other
Style Apartment Building
Stories Count 2
Construction Status Existing
Tax Year 2025
Status Detail 0
Covenants No
Construction Materials Brick Exterior
High School BFASt Albans
City St. Albans City
School District St Albans City School District
Seasonal No
Elementary School St Albans City School
Middle School St. Albans City School
DOM 152
Price Per Sq Ft Total AG 142.14
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Exterior
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)
Driveway None
Lot Size Area 0.09
Water Source Public
Foundation Brick
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* Excluded Features
List By
Christopher Preston

Listing Agent

Notch Group Real Estate

Broker

(802) 280-5044

Phone

chris@notchgrouprealestate.com

Email

Affordability Calculator

$6,126
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,126
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4631447 Elementary School
4631448 Middle School
BFASt Albans High School High School
Pricing History
DatePricePrice ChangeDescription
8/17/2025$995,000 Listed Price

Map


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38-40 Kingman Street, St. Albans City, VT, 05478 is a Multi-Family Home for sale at $995,000 with 7,000 sqft and a lot size of 0.09. 38-40 Kingman Street is a studio with 0.0 baths and was built in 1910. The property's zip code is 05478 which is in St. Albans City, VT