Listing Details

Alburgh, VT 05440 40 N Main Street

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Presented By: Michael Preseau with CENTURY 21 North East;
  • PrimeMLS - 85 - NH
  • MLS# 5106976
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Disclaimer: The information contained in this listing has not been verified by Halliday Real Estate and should be verified by the buyer.
  • Beds • 8
  • Baths • 4
  • SQFT • 3,566
  • Garage • 1

Home Details

Introducing 40 North Main St, a fantastic multi-family building located in the heart of Alburgh, Vermont. With a current cap rate of 9.2% 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. 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. Don’t miss your chance to own this multi-family gem in Alburgh!
Presented By: Michael Preseau with CENTURY 21 North East;

Interior Features for 40 N Main Street

Bedrooms

Unit 1 Bedrooms3
Unit 3 Bedrooms3
Unit 2 Bedrooms2
Unit 4 Bedrooms

Bathrooms

Total Full Baths3

Other Interior Features

Unit 1 Lease TermAnnual
Unit 2 Lease TermAnnual
Unit 3 Lease TermAnnual
Total Ranges3
Total Refrigerators3
Unit 1 StatusLeased
Unit 2 StatusLeased
Unit 3 StatusLeased
Unit 4 StatusVacant
Unit 1 InfoDryer, Heat Included, Electric Range, Refrigerator, Washer
Unit 2 InfoHeat Included, Electric Range, Refrigerator
Unit 3 InfoDishwasher, Heat Included, Electric Range, Refrigerator
Unit 4 InfoHeat Included
InternetHigh Speed Intrnt at Site
Total Finished Area3566
Total 3+ BR Units2
Total 2 BR Units1
Total 1 BR Units
Basement Access TypeInterior
BasementYes
Basement DescriptionStorage Space, Unfinished
Total Number of Units4

General for 40 N Main Street

CityAlburgh
Construction MaterialsWood Frame, Vinyl Siding, Wood Siding
CoolingNone
CovenantsNo
DOM22
Electric200+ Amp Service
Elementary SchoolAlburgh Community Ed. Center
Flood ZoneNo
GarageYes
Gross Income83000
HeatingBaseboard, Hot Water
High SchoolChoice
Last Updated08/27/2026 15:49:22
Middle SchoolChoice
Net Income46000
Operating Expense37000
Price Per Sq Ft Total AG139.93
Property ClassMulti-Family
Property ConditionExisting
Road FrontageYes
RoofRolled, Asphalt Shingle
School DistrictGrand Island Central School District
SeasonalNo
SewerPublic
Status Detail0
Stories Count2
StyleApartment Building
Tax Year2025
Unit 1 Level Number2
Unit 2 Level Number2
Unit 3 Level Number1
Unit 4 Level Number1
UtilitiesCable Available, Telephone Available
Year Built1901
ZoningNone

Exterior for 40 N Main Street

DrivewayPaved
Foundation Stone
Garage Capacity1
Lot FeaturesSidewalks, In Town
Lot Size Area0.26
Lot Size Square Feet11326
Road Frontage Length140
Road Frontage TypePublic
SurveyedUnknown
Total Electric Meters3
Total Gas Meters3
Unit 4 StyleComm or Res
Water SourcePublic

Additional Details

Price History

Schools

Elementary School Alburgh Community Ed. Center Elementary School
High School Choice High School
Middle School Choice Middle School

Sadie Halliday

REALTOR
Price $499,000
MLS#5106976
Property Type Multi-Family
Phone 603.660.2321
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