- beds
- 8
- baths
- 4
- sq ft
- 3,566
- Built
- 1901
40 N Main Street
Alburgh, VT 05440
Residential Income · Active · MLS #5106976
Listing Courtesy of CENTURY 21 North East | Michael J Preseau
The home
About this home
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!
Property information
Details at a glance
Interior3 property facts
- Rooms
- 1
- Heating
- Baseboard, Hot Water
- Cooling
- None
Building6 property facts
- Style
- Multi Family
- Year built
- 1901
- Garage
- 1
- Parking
- 1
- Foundation
- Stone
- Roof
- Rolled/Hot Mop, Shingle
Land & utilities4 property facts
- Lot size
- 0.26 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- None
Financial2 property facts
- Annual taxes
- $4,681
- Assessment year
- 2025
Plan your purchase
Estimated monthly cost
Explore costs at the $499,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$2,913 / monthAdjust
- Principal & interest
- $2,523
- Property tax
- $390
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $4,681. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Listing history
Price and status timeline
No additional listing history is available for public display.
Compare with confidence
Price & market context
See how this home compares with active listings in Alburgh.
| Metric | This home | Local listings |
|---|---|---|
| List price | $499,000 | $499,000Near the local benchmark |
| Price / sq ft | $140 | $140Near the local benchmark |
| Days on market | 0 | — |
Active city listing statistics from PrimeMLS as of September 11, 2026. Asking prices are not completed-sale values.
Keep exploring
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Common questions
About 40 N Main Street
Can I request a private showing?
Request a tour of 40 N Main Street and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
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