40 North Main
Alburgh, VT 05440
Map
- – beds
- – baths
- 6,524 sqft
- 11,326 sqft lot
- $79 per sqft
- 1901 build
- – on site
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!
Last checked:
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Last updated Jun 4, 2025
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MLS# 5044606 —
The Building
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Year Built:1901
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Pre-Construction:No
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Construction Status:Existing
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Construction Materials:Wood Frame, Vinyl Siding, Wood Siding
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Architectural Style:Apartment Building
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Roof:Shingle - Asphalt
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Foundation:Stone
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Total Stories:2
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Total Units:4
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Approx SqFt Total:8262
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Approx SqFt Total Finished:6,524 Sqft
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Approx SqFt Finished Above Grade:6,524 Sqft
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Approx SqFt Finished Below Grade:0 Sqft
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Approx SqFt Unfinished Below Grade:1738
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Approx SqFt Unfinished Building Source:Public Records
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Approx SqFt Finished Above Grade Source:Public Records
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Road Frontage Type:Public
Interior
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Basement:Yes
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Basement Description:Unfinished
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Basement Access Type:Interior
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Room 5 Type:Leased
Location
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Latitude:44.977226000001004
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Longitude:-73.299425999999997
The Property
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Property Class:Multi-Family
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Seasonal:No
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Lot Features:Sidewalks, In Town
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Lot SqFt:11,326 Sqft
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Lot Acres:0 Sqft
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Zoning:none
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Driveway:Paved
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Road Frontage:Yes
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Road Frontage Length:140 Sqft
Listing Agent
- Contact info:
- Office phone:
- (802) 782-8662
Taxes
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Tax Year:2025
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Taxes TBD:No
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Tax - Gross Amount:$4,693.99
Beds
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Total 2 Bedroom Units:1
Baths
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Total Full Baths:3
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Unit 1 Baths:1
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Unit 2 Baths:1
The Listing
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Price Per SqFt:79.55
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Foreclosed/Bank-Owned/REO:No
Heating & Cooling
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Heating:Baseboard, Hot Water
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Total Water Heaters:3
Utilities
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Utilities:Cable - At Site
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Separate Utilities:No
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Sewer:Public
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Electric:200 Amp
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Water Source:Public
Appliances
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Total Refrigerators:3
Schools
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Elementary School:Alburgh Community Ed. Center
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Middle Or Junior School:Choice
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High School:Choice
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School District:Grand Isle School District
The Community
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Covenants:No
Parking
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Garage:Yes
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Garage Capacity:1
Extra Units
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Unit 1 Bedrooms:3
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Unit 1 Approx SqFt:1,550 Sqft
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Unit 2 Bedrooms:2
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Unit 2 Approx SqFt:816
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Total 3+ BR Units:2
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Unit 3 Bedrooms:3
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Unit 3 Baths:1
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Unit 3 Approx SqFt:1,200 Sqft
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Unit 1 Info:Dryer, Range - Electric, Refrigerator, Washer
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Unit 2 Info:Range - Electric, Refrigerator
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Unit 3 Info:Dishwasher, Range - Electric, Refrigerator
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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6/4/25
Jun 4, 2025
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Listed / Active | PRIME_MLS | $519,000 | |
|
8/6/21
Aug 6, 2021
|
Sold | PRIME_MLS | ||
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5/24/21
May 24, 2021
|
Sold Subject To Contingencies | PRIME_MLS |
