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  • Listed by: 

    Michael J Preseau,

    CENTURY 21 North East 802-782-8662

    $519,000

    40 North Main Street, Alburgh, VT 05440

    8beds
    6,524sqft
    : 
    Multi Family
    Built in 1901
    -- sqft lot
    $-- Zestimate®
    $80/sqft
    $-- HOA

    What's special

    Well-maintained structureUpdated kitchensSpacious apartmentsFirst floor commercial unitLarge windows
    Introducing 40 North Main St, a fantastic multi-family building located in the heart of Alburgh, Vermont. This investment opportunity features a well-maintained structure that boasts multiple rental units, ideal for both seasoned investors and those looking to enter the real estate market. The property includes three spacious apartments as well as a first floor commercial unit that can be renovated or converted to an additional 3 bedroom unit, each designed to maximize comfort and functionality. First floor unit was completely renovated and a New Heating system was installed for entire building in 2022 With a mix of two and three-bedroom layouts, these units feature large windows that fill the living spaces with natural light, along with updated kitchens and bathrooms that cater to modern living needs. The inviting living areas create a warm atmosphere, making each apartment a desirable place to call home. Its prime location that provides easy access to local amenities, including shops, restaurants, and recreational facilities, making it a sought-after spot for renters. With a current cap rate of 8.6% the potential for steady rental income and appreciation in this charming Vermont community, 40 North Main St is a smart investment that combines comfort, convenience, and opportunity. Don’t miss your chance to own this multi-family gem in Alburgh!
    66 days
    on Zillow
    |
    126
    |
    2
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 04, 2025 at 11:07am

    Listed by:

    Michael J Preseau,

    CENTURY 21 North East 802-782-8662

    Source: PrimeMLS,MLS#: 5044606MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 40 North Main Street.

    Next available tour time:Tuesday at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Baseboard, Hot Water
    Cooling
    • None
    Features
    • Basement: Unfinished,Interior Entry
    Interior area
    • Total structure area: 8,262
    • Total interior livable area: 6,524 sqft
    • Finished area above ground: 6,524
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Paved
    • Garage spaces: 1
    Features
    • Levels: Two
    • Frontage length: Road frontage: 140
    Lot
    • Size: 0.26 Acres
    • Features: Sidewalks, In Town
    Details
    • Parcel number: 900310993
    • Zoning description: none

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Vinyl Siding, Wood Siding
    • Foundation: Stone
    • Roof: Asphalt Shingle
    Condition
    • New construction: No
    • Year built: 1901

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable at Site

    Community & HOA

    Location
    • Region: Alburgh

    Financial & listing details

    • Price per square foot: $80/sqft
    • Tax assessed value: $176,300
    • Annual tax amount: $4,693
    • Date on market: 6/4/2025
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