Skip main navigation
Active
$499,000
8beds
3,566sqft

40 N Main Street, Alburgh, VT 05440

8beds
3,566sqft
Multi family
Built in 1901
1 Garage space
$140 price/sqft

What's special

Updated kitchens and bathroomsThree spacious apartmentsTwo and three-bedroom layoutsFirst floor commercial unit

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
|
Source: PrimeMLS,MLS#: 5106976MLS Logo
Travel times

Living Room

Kitchen

Bedroom

Zillow last checked:

Listing updated:

Listed by:

Michael J Preseau,

CENTURY 21 North East 802-782-8662

Source: PrimeMLS,MLS#: 5106976MLS Logo

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

DateEventPrice
8/27/2026Listed for sale$499,000-3.9%$140/sqft
Source: PrimeMLS #5106976
1/26/2026Listing removed$519,000$146/sqft
Source: PrimeMLS #5044606
6/4/2025Listed for sale$519,000+310.3%$146/sqft
Source: PrimeMLS #5044606
8/30/2021Listing removed--
Source: Zillow Rental Manager
8/10/2021Listed for rent$2,300$1/sqft
Source: Zillow Rental Manager
8/6/2021Sold$126,500-11.5%$35/sqft
Source: PrimeMLS #4841627
1/13/2021Listing removed--
Source: PrimeMLS
12/14/2020Listed for sale$142,900$40/sqft
Source: Paul Poquette Realty Group LLC #4841627
11/6/2020Listing removed$142,900$40/sqft
Source: Paul Poquette Realty Group LLC #4727052
7/6/2020Price change$142,900-4.7%$40/sqft
Source: Paul Poquette Realty Group LLC #4727052
10/2/2019Listed for sale$149,900$42/sqft
Source: Paul Poquette Realty Group LLC #4727052

Public tax history

YearProperty taxesTax 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

Est. payment
$3,139/mo
Principal & interest
$2573
Property taxes
$566
More affordability toolsChevron Right

Estimated market value

$484,600

$460,000 - $509,000

$1,729/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 05440

Nearby schools

Alburg Community Education Center
Grades PK-8 • 0.1 miles
2/10
GreatSchools® Rating
Test Score Rating
2/10