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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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40 N Main St , Alburgh, VT 05440
$499,000
Est. Payment: $1,108.89/mo
8 Bed
4 Bath
3566 Sqft
Status: Active | Days on site: 22
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House 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!

Highlights

Listed by Michael J Preseau , 802-309-0147 CENTURY 21 North East , 802-782-8662.

Property Type

Multi-Family

Lot/Acreage
0.26

Year Built

1901

County

Grand Isle

School District

Grand Island Central School District

Listing ID

5106976

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:4
  • Full Bathrooms:
Above Ground Sq Ft:3566
Basement:Yes,Storage Space,Unfinished

Exterior Features

Lot:Existing
Zoning:None
Roof:Asphalt Shingle,Rolled
Sewer:Public
Principal Interest
$1,109
Taxes
$390

Home Price

$499,000

Loan Details

30 yrs
%

Down Payment

20%
$99,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,108.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,108.89 $390.09 $0.00 $1,498.98
Yearly $13,306.67 $4,681.12 $0.00 $17,987.79
Total $399,200.00 $140,433.60 $0.00 $539,633.60

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Alburgh, VT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.