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40 N Main St

Alburgh VT 05440

8
3
1
8262 sq. ft.
11326 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Introducing 40 North Main St, a fantastic multi-family building located in the heart of Alburgh, Vermont. 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. With a current cap rate of 8.6% 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. Don’t miss your chance to own this multi-family gem in Alburgh!

Features

8 bedrooms
3 bathrooms
1 carspace
1 garage space
8262 sq. ft. floor area
11326 sq. ft. lot size
Multi-Family

Happy sellers in Alburgh

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Local market activity for 8 bedroom multi families in Alburgh

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Sales:
(619) 566-0008
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