40 N Main Street, Alburgh, VT 05440
What's special
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!
- 38 days |
- 123 |
- 4 |
Travel times
Living Room
Kitchen
Bedroom
Zillow last checked:
Listing updated:
Michael J Preseau,
CENTURY 21 North East 802-782-8662
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 3
Heating
- Baseboard, Hot Water
Cooling
- None
Features
- Basement: Storage Space,Unfinished,Interior Entry
Interior area
- Total structure area: 8,262
- Total interior livable area: 3,566 sqft
- Finished area above ground: 3,566
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Paved
- Garage spaces: 1
Features
- Levels: Two
- Frontage length: Road frontage: 140
Lot
- Size: 0.26 Acres
- Features: Sidewalks, In Town
Details
- Parcel number: 900310993
- Zoning description: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding, Wood Siding
- Foundation: Stone
- Roof: Rolled/Hot Mop,Asphalt Shingle
Condition
- New construction: No
- Year built: 1901
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Phone Available
Community & HOA
Location
- Region: Alburgh
Financial & listing details
- Price per square foot: $140/sqft
- Tax assessed value: $176,300
- Annual tax amount: $4,681
- Date on market: 8/27/2026
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2026 | Listed for sale | $499,000-3.9%$140/sqft |
Source: | ||
| 1/26/2026 | Listing removed | $519,000$146/sqft |
Source: | ||
| 6/4/2025 | Listed for sale | $519,000+310.3%$146/sqft |
Source: | ||
| 8/30/2021 | Listing removed | -- |
Source: Zillow Rental Manager | ||
| 8/10/2021 | Listed for rent | $2,300$1/sqft |
Source: Zillow Rental Manager | ||
| 8/6/2021 | Sold | $126,500-11.5%$35/sqft |
Source: | ||
| 1/13/2021 | Listing removed | -- |
Source: | ||
| 12/14/2020 | Listed for sale | $142,900$40/sqft |
Source: Paul Poquette Realty Group LLC #4841627 | ||
| 11/6/2020 | Listing removed | $142,900$40/sqft |
Source: Paul Poquette Realty Group LLC #4727052 | ||
| 7/6/2020 | Price change | $142,900-4.7%$40/sqft |
Source: Paul Poquette Realty Group LLC #4727052 | ||
| 10/2/2019 | Listed for sale | $149,900$42/sqft |
Source: Paul Poquette Realty Group LLC #4727052 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,681 | $176,300 |
| 2024 | -- | $176,300 |
| 2023 | -- | $176,300 |
| 2022 | -- | $176,300 |
| 2021 | -- | $176,300 |
| 2020 | -- | $176,300 |
| 2019 | -- | $176,300 |
| 2018 | -- | $176,300 |
| 2017 | -- | $176,300 |
| 2016 | -- | $176,300 +9900% |
| 2015 | -- | $1,763 |
| 2014 | -- | $1,763 |
| 2013 | -- | $1,763 |
| 2012 | -- | $1,763 |
| 2011 | -- | $1,763 +21.8% |
| 2010 | -- | $1,448 |
| 2009 | -- | $1,448 |
| 2008 | -- | $1,448 |
| 2007 | -- | $1,448 |
| 2006 | -- | $1,448 |
Find assessor info on the county website
Monthly payment
Estimated market value
Zestimate®
$484,600
Estimated sales range
$460,000 - $509,000
Rent Zestimate®
$1,729/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.