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Duplex with Heated Oversized Garage
For Sale
$400,000

374 Lake Road, Saint Albans, VT 05478

Two two-bedroom units occupy a commercial/residential-zoned property with substantial heated garage space.

Property Size2,238 SF
Lot Size0.63 Acres
Price / SF$178.73
Days on Market138

Property Features for 374 Lake Road

General Information

Standard status Active
Size 2,238 SF
Total Parking Spaces 2
Lot size 0.63 Acres
Property subtype Multi Family
Zoning Commercial/Res

Units

Unit Mix 2 x 2BR
Multifamily Units 2

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $4,503

Amenities

Natural Gas, Baseboard, Hot Water
Yes
Laminate, Tile, Vinyl, Wood
Domestic Water Heater
2
1
Walk-up
Bulkhead, Concrete, Slab
10
Standing Seam
Vinyl Siding

Building Details

Year Built 1850
Tenancy Single
Listing Agency: Ridgeline Real Estate
Listed By: Jeremy Collins
Source: Compass
Added: Apr 16 Changed: Aug 31 Last Checked: Aug 31 at 12:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ridgeline Real Estate

Investment Insights

Based on property information with market context.

Built in 1850, this duplex provides 2,238 SF of finished living space in two separate two-bedroom units. The property also includes a 1,080SF oversized, heated two-car garage with 12' ceilings and a professional-grade lift gate. A standing-seam metal roof, vinyl siding, basement storage, and a walk-up configuration add to the physical improvements.

Set on 0.63 acres at 374 Lake Road in St. Albans Town, the property is zoned Commercial/Res and connected to the town sewer. The lot provides room for parking vehicles, trailers, or equipment. Improvements include replacement windows and doors, a new water tank, blown-in insulation, a renovated downstairs kitchen, a marble backsplash upstairs, a concrete basement floor, and the constructed garage.

Key Highlights

  • Duplex with 2,238 SF of finished living space
  • Two two‑bedroom units, including an owner‑occupied unit and a downstairs rental unit
  • 1,080SF oversized heated two‑car garage with 12' ceilings

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Parts Store Pharmacy Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Single-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

65
Businesses Nearby

Demographics for 05478, VT

15,704
Population
7,205
Households
2.2
Avg Household Size
41
Median Age
30%
College-Educated
93%
High-School Grad
59.3 sq mi
ZIP Area
265
Density / Sq Mi
$70,752
Median Household Income
$49,758
Median Earnings
$1,255
Median Rent
$297,900
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two two-bedroom units occupy a commercial/residential-zoned property with substantial heated garage space.
Where is this duplex located?
The property is located at 374 Lake Road Saint Albans, VT.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Duplex with 2,238 SF of finished living space; Two two‑bedroom units, including an owner‑occupied unit and a downstairs rental unit; 1,080SF oversized heated two‑car garage with 12' ceilings
More about this property
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