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!
Active
Listed by:
Michael J Preseau,
CENTURY 21 North East 802-782-8662
$519,000
40 North Main Street, Alburgh, VT 05440
8beds
6,524sqft
Est.:
Multi Family
Built in 1901
-- sqft lot
$-- Zestimate®
$80/sqft
$-- HOA
What's special
Well-maintained structureUpdated kitchensSpacious apartmentsFirst floor commercial unitLarge windows
- 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#: 5044606

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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