40 North Main Street Alburgh, VT 05440
Listing Courtesy of: MLS LogoPrimeMLS / Century 21 North East / Mike Preseau

  40 North Main Street Alburgh, VT 05440

Active (4 Days)
$519,000
8
BED
3
BATH
6,524
SQFT

Description

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!

MLS #:
5044606
Lot Size
0.26 acres
Type
Multifamily
Year Built
1901
Style
Apartment Building
School District
Grand Isle School District
County
Grand Isle County

Listed By

Mike Preseau, Century 21 North East
Source
PrimeMLS
Last checked Jun 8 2025 at 7:34 PM GMT+0000
Bathroom Details
Lot Information
  • Sidewalks
  • In Town
Property Features
  • Foundation: Stone
Heating and Cooling
  • Baseboard
  • Hot Water
  • None
Basement Information
  • Unfinished
Exterior Features
  • Roof: Shingle - Asphalt
Utility Information
  • Utilities: Cable Connected
  • Sewer: Public Sewer
  • Fuel: Hot Water
School Information
  • Elementary School: Alburgh Community Ed. Center
  • Middle School: Choice
  • High School: Choice
Stories
  • Two
Living Area
  • 6,524 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
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Mortgage calculator estimates are provided by C21 North East and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: © 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 6/8/25 12:34