38-40 Kingman StreetSt. Albans City, VT 05478MLS Number 5056947

  • Price: $995,000
  • Est. Mortgage of $/month
  • 156 Days on Market
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%
$/month over payments
Federal 30-year interest rate: 6.06% last updated on Jan 15, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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38-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 0547838-40 Kingman Street St. Albans City VT 05478
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  • 0.09Acreage
  • 1910Year Built
  • 7,000Square Feet

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Listed by Christopher Preston of Notch Group Real Estate
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 cafs, 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 successschedule a private tour and discover what makes this address the key to your future growth.

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More Info

Tax Information

  • Tax Year2025

Building

  • Year Built1910
  • Building ConstructionBrick Exterior
  • StyleApartment Building
  • Units3
  • # of 2 Bedrooms2
  • # of 3+ Bedrooms1
  • Basement
    • Basement Stairs
    • Concrete Floor
    • Exterior Access
    • Interior Access
    • Interior Stairs
    • Locked Storage
    • Storage Space
    • Unfinished
    • Walkout
  • FoundationBrick

Amenities

  • PricePerSqFt142.14

Other

  • Taxes$16,532.16
  • Seasonal Y/NNo
  • Date Listed08/17/2025
  • View Count7

Basic Information

  • Virtual TourView Tour
  • StatusACT
  • List Price$995,000
  • Date Price Change08/17/2025
  • MLS Number5056947
  • MLS StatusActive

Property

  • Acreage0.09
  • GarageNo
  • Parking Spaces
  • Lot Description
    • City Lot
    • Near Country Club
    • Near Golf Course
    • Near Hospital
    • Near Public Transportatn
    • Near Railroad
    • Near School(s)
    • Near Shopping
    • Neighbor Business
    • Rental Complex
    • Sidewalks
    • Street Lights
  • Square Feet7,000
  • APX Fin AG Sqft7,000
  • Road Frontage45
  • RoadsPaved, Public, Public Maintained Road
  • AreaVT-Franklin

Location

  • TownSt. Albans City
  • StateVT
  • Zip05478
  • CountyFranklin
  • ZoningB1
  • Elementary SchoolSt Albans City School
  • Junior HighSt. Albans City School
  • High SchoolBFASt Albans
  • Address38-40 Kingman Street
  • Flood Zone Y/NNo

Exterior

  • RoofFlat, Membrane, Other

Utilities

  • Heat SystemNatural Gas, Forced Air
  • WaterPublic
  • ElectricOther
  • SewerPublic
  • UtilitiesGas On-Site
Dave Chenette | Chenette Real Estate
Dave Chenette | Chenette Real Estate
Office: 802-264-1991
9 Roberts Ct
Milton, VT 05468
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