40 North Main Street, Alburgh, VT 05440

Listing by: Michael Preseau, CENTURY 21 North East, 802-782-8662

0 Beds

n/a Full bath

6,524 SqFt

Active

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!

Property Details
Price $519,000
Property Style Apartment Building
Lot Size Area 11326
Acres 0.26
Property Type MultiFamily
Stories 2
Year Built 1901
Roof Shingle - Asphalt
Heating Baseboard,Hot Water
Foundation Stone
Lot Description Sidewalks,In Town
Parking Spaces 1
Garage spaces 1
Geographic Data
County VT-Grand Isle
Latitude 44.977226000001
Longitude -73.299426
Market Area VT-Grand Isle
Address Information
Address 40 North Main Street, Alburgh, VT 05440
Postal Code 05440
City Alburgh
State VT
Country United States
Listing Information
Listing Office CENTURY 21 North East
Listing Office Phone 802-782-8662
Listing Office Email sarah@c21mrc.com
Listing Agent Michael Preseau
Listing Agent Phone 802-782-8662
School Information
District Grand Isle School District
Elementary School Alburgh Community Ed. Center
Middle School Choice
High School Choice
MLS® Information
Days on market 0
MLS® Status Active
Listing Date Jun 4, 2025
Listing Last Modified Jun 4, 2025
Tax Year 2025
Tax Annual Amount 4693
MLS® Area VT-Grand Isle
MLS® # 5044606

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This information is believed to be accurate, but without any warranty.