40 North Main Street, Alburgh, VT 05440
Local realty services provided by:ERA Key Realty Services
40 North Main Street,Alburgh, VT 05440
$519,000
- - Beds
- - Baths
- 6,524 sq. ft.
- Multi-family
- Active
Listed by:michael preseau
Office:century 21 north east
MLS#:5044606
Source:PrimeMLS
Price summary
- Price:$519,000
- Price per sq. ft.:$62.82
About this home
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!
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Home facts
- Year built:1901
- Listing ID #:5044606
- Added:115 day(s) ago
- Updated:September 28, 2025 at 10:17 AM
Rooms and interior
- Living area:6,524 sq. ft.
Heating and cooling
- Heating:Baseboard, Hot Water
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1901
- Building area:6,524 sq. ft.
- Lot area:0.26 Acres
Schools
- High school:Choice
- Middle school:Choice
- Elementary school:Alburgh Community Ed. Center
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$519,000
- Price per sq. ft.:$62.82
- Tax amount:$4,693 (2025)
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