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40 North Main Street, Alburgh, VT 05440

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For Sale

$519,000

8,262 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family Home
    Property type

  • 1901
    Year built

  • $62.82
    Price per square foot

  • 1 Car Garage
    Garage Count

Explore this Property

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

Listed By CENTURY 21 North East

Property Features

  • Basement
    Unfinished
  • Cooling
    No A/C
  • Exterior
    Sidewalk
  • Exterior Description
    Wood Frame, Vinyl Siding, Wood Siding
  • Garage Count
    1 Car Garage
  • Garage Description
    Garage
  • Heating Type
    Hydro, Baseboard
  • Lot Size
    0.26 Acres
  • Roof
    Asphalt Shingle Roof
  • Sewer
    Public
  • Style
    Other Style
  • Water
    Municipal Water

Home seller Meet the Agent,
Mike Preseau

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Mike Preseau

of CENTURY 21 North East

License: 082 0007963
(802) 309-0147
Learn More About Me

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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