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Ashley Gile

ashley@ashleygile.com +1(603) 851-7452

Listed By Michael J Preseau CENTURY 21 North East

Est. payment -/mo

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Active

40 N Main ST Alburgh, VT 05440

8 Beds

4 Baths

3,566 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,566 sqft

MLS Listing ID 5106976

Style Apartment Building

Bedrooms 8

Full Baths 4

Construction Status Existing

Year Built 1901

Annual Tax Amount $4,681

Tax Year 2025

Lot Size 0.260 Acres

Acres 0.26

Property Description

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!

Location

State VT

County Vt-grand Isle

Area Vt-Grand Isle

Zoning None

Rooms

Basement Storage Space, Unfinished

Interior

Heating Baseboard, Hot Water

Cooling None

Exterior

Parking Features Yes

Garage Spaces 1.0

Utilities Available Cable Available, Telephone Available

Roof Type Asphalt Shingle,Rolled

Building

Lot Description Sidewalks, In Town

Story 2

Sewer Public

Water Public

Architectural Style Apartment Building

Construction Status Existing

Schools

Elementary Schools Alburgh Community Ed. Center

Middle Schools Choice

High Schools Choice

School District Grand Island Central School District

Ashley Gile

Agent

+1(603) 851-7452

Ashley Gile

40 N Main ST Alburgh, VT 05440

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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40 N Main ST

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