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Here’s a rare find and an impressive investment for anyone who loves cars or needs serious shop space. This 1850 home sits right in the St. Albans Town mixed commercial and residential district, topped with a classic standing-seam metal roof. You’ll get over 2, 200 square feet of finished living space, split between a two-bedroom owner-occupied and a two-bedroom unit. The downstairs unit already generates steady rental income with a clean, open rental option. Seller has done many things over the years, including replacing windows, doors, water tank, removal of trees, bringing in fill to level the back yard, installing a marble backsplash upstairs, removing bricks from the wall, blown in insulation, connecting to the town sewer, renovating the downstairs kitchen, pouring cement floor in the basement, and building the garage. The true highlight, though, is the 1080SF oversized, heated two-car garage with 12' ceilings; ideal for contractors and car enthusiasts alike. The garage includes a professional-grade lift gate, making it perfect for heavy-duty projects, equipment storage, or a full-blown restoration setup. This is the kind of space that rarely comes up in a residential listing, offering unmatched flexibility for work or play. This property sits on a roomy 0. 63-acre lot, with plenty of space for parking work trucks, trailers, or multiple cars without crowding. The business district zoning and prime visibility make it a fantastic fit for contractors who want to combine their trade with a smart investment. You’ll appreciate the lower taxes of St. Albans Town, and you’re only minutes from all the amenities in St. Albans City. The large yard, heated garage with 12' ceilings, and move-in ready living spaces combine to create a unique opportunity for anyone who wants their home to double as a workspace. If you’re a car lover or a contractor searching for something special, this property checks all the boxes.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $320,000 | $320,000 | $320,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $375 | $375 | $375 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,970 | $2,021 | $2,657 |
| Total Monthly Payment | $2,420 | $2,471 | $3,107 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.