40 North Main StreetAlburgh, VT 05440MLS Number 5044606

  • Price: $519,000
  • Est. Mortgage of $/month
  • 11 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.84% last updated on Jun 12, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Active
40 North Main Street Alburgh VT 0544040 North Main Street Alburgh VT 0544040 North Main Street Alburgh VT 0544040 North Main Street Alburgh VT 0544040 North Main Street Alburgh VT 0544040 North Main Street Alburgh VT 0544040 North Main Street Alburgh VT 0544040 North Main Street Alburgh VT 0544040 North Main Street Alburgh VT 0544040 North Main Street Alburgh VT 0544040 North Main Street Alburgh VT 0544040 North Main Street Alburgh VT 0544040 North Main Street Alburgh VT 0544040 North Main Street Alburgh VT 0544040 North Main Street Alburgh VT 0544040 North Main Street Alburgh VT 0544040 North Main Street Alburgh VT 0544040 North Main Street Alburgh VT 0544040 North Main Street Alburgh VT 05440
QR Code
  • 0.26Acreage
  • 3Bathrooms
  • 1901Year Built
  • 6,524Square Feet

Driving Directions

Listed by Michael Preseau of CENTURY 21 North East
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!

Ask A Question

Do not fill in this field:

I agree to receive marketing and customer service calls and text messages from Dave Chenette | Chenette Real Estate. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

More Info

Tax Information

  • Tax Year2025

Building

  • Year Built1901
  • Building ConstructionWood Frame, Vinyl Siding, Wood Siding
  • StyleApartment Building
  • Units4
  • Unit 1 Bath1
  • Unit 1 Bedrooms3
  • Unit 1 Floor Location2
  • Unit 2 Bath1
  • Unit 2 Bedrooms2
  • Unit 2 Floor Location2
  • Unit 3 Bath1
  • Unit 3 Bedrooms3
  • Unit 3 Floor Location1
  • # of 2 Bedrooms1
  • # of 3+ Bedrooms2
  • Bathroom3
  • Total Baths3
  • BasementUnfinished
  • FoundationStone

Basic Information

  • StatusACT
  • List Price$519,000
  • Date Price Change06/04/2025
  • MLS Number5044606
  • MLS StatusActive

Property

  • Acreage0.26
  • GarageYes
  • Parking Spaces1
  • Lot DescriptionSidewalks, In Town
  • Square Feet6,524
  • APX Fin AG Sqft6,524
  • Road Frontage140
  • RoadsPublic
  • AreaVT-Grand Isle

Amenities

  • PricePerSqFt79.55

Other

  • Taxes$4,693.99
  • Seasonal Y/NNo
  • Operating Expenses35000
  • Date Listed06/04/2025
  • Unit 1 Deposit$2,300
  • Unit 2 Rent Amount$1,850
  • Unit 3 Rent Amount$2,500
  • View Count5

Location

  • TownAlburgh
  • StateVT
  • Zip05440
  • CountyGrand Isle
  • Zoningnone
  • Elementary SchoolAlburgh Community Ed. Center
  • Junior HighChoice
  • High SchoolChoice
  • Address40 North Main Street
  • Flood Zone Y/NNo

Exterior

  • RoofShingle - Asphalt
  • Exterior ColorWhite

Utilities

  • Heat SystemBaseboard, Hot Water
  • WaterPublic
  • Electric200 Amp
  • SewerPublic
  • UtilitiesCable - At Site
Dave Chenette | Chenette Real Estate
Dave Chenette | Chenette Real Estate
Office: 802-264-1991
30 Kimball Ave, Suite 201
South Burlington, VT 05403
Broker Reciprocity 

Copyright 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 June 15, 2025 7:37 AM EDT

 

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to receive marketing and customer service calls and text messages from Dave Chenette | Chenette Real Estate. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.