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.
Active under contract
Listed by: Ridgeline Real Estate
$400,000
374 Lake Road, St. Albans Town, VT 05478-2275
4beds
2,238sqft
Est.:
Multi Family
Built in 1850
-- sqft lot
$385,400 Zestimate®
$179/sqft
$-- HOA
What's special
Marble backsplash upstairsTwo-bedroom unitBlown in insulationMove-in ready living spacesLarge yardClassic standing-seam metal roof
- 31 days |
- 794 |
- 47 |
Zillow last checked:
Listing updated:
Listed by:
Jeremy Collins,
Ridgeline Real Estate 802-540-1366
Source: PrimeMLS,MLS#: 5083964
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Baseboard, Hot Water
Cooling
- None
Appliances
- Included: Domestic Water Heater
Features
- Flooring: Laminate, Tile, Vinyl, Wood
- Basement: Bulkhead,Concrete,Slab,Walk-Up Access
Interior area
- Total structure area: 2,238
- Total interior livable area: 2,238 sqft
- Finished area above ground: 2,238
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Gravel, Auto Open, Heated Garage, Storage Above, Garage, Off Street, Parking Spaces 6+, RV Access/Parking, Unpaved, Visitor
- Garage spaces: 2
Features
- Levels: Two
- Exterior features: Garden, Other - See Remarks, Storage
- Frontage length: Road frontage: 111
Lot
- Size: 0.63 Acres
- Features: Landscaped, Level, Other, In Town, Near Paths, Near Shopping, Near Public Transit, Near Railroad, Near School(s)
Details
- Parcel number: 55217411106
- Zoning description: Commercial/Res
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Carriage
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Concrete Slab, Stone
- Roof: Standing Seam
Condition
- New construction: No
- Year built: 1850
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable, Gas On-Site
Community & HOA
Location
- Region: Saint Albans
Financial & listing details
- Price per square foot: $179/sqft
- Tax assessed value: $185,300
- Annual tax amount: $4,503
- Date on market: 4/16/2026
- Exclusions: Personal belongings and vehicles.
- Road surface type: Paved
Estimated market value
$385,400
$366,000 - $405,000
$1,816/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/16/2026 | Listed for sale | $400,000+185.9%$179/sqft |
Source: | ||
| 12/16/2002 | Sold | $139,900$63/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $185,300 |
| 2023 | -- | $185,300 |
| 2022 | -- | $185,300 |
| 2021 | -- | $185,300 |
| 2020 | -- | $185,300 |
| 2019 | -- | $185,300 |
| 2018 | -- | $185,300 |
| 2017 | -- | $185,300 |
| 2016 | -- | $185,300 +9900% |
| 2015 | -- | $1,853 |
| 2014 | -- | $1,853 |
| 2013 | -- | $1,853 |
| 2012 | -- | $1,853 |
| 2011 | -- | $1,853 +4.5% |
| 2010 | -- | $1,773 |
| 2009 | -- | $1,773 |
| 2008 | -- | $1,773 +63.4% |
| 2007 | -- | $1,085 |
| 2006 | -- | $1,085 |
| 2003 | $2,244 | $1,085 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 05478
Nearby schools
GreatSchools rating
- 5/10St. Albans Town Educational CenterGrades: PK-8Distance: 1.2 mi
- 5/10Bellows Free Academy Uhsd #48Grades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: St. Albans Town Educ. Center
- Middle: St Albans Town Education Cntr
- High: Bellows Free Academy
- District: Maple Run USD
Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Vermont
- Franklin County
- Saint Albans
- 05478
- 374 Lake Road



