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$499,000 USD
40 N Main Street
Alburgh, Vermont 05440
USA
Alburgh, Vermont 05440
USA
767.54 m2 ::
8,262 sqft
Residential For Sale, Other Residential
Land size: 0.105 ha ::
0.26 acres
Sale price per sqm: 650.11
Remarks:
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!
Features:
- Year Built: 1901
- Construction: Wood Frame
- Exterior Description: Wood Siding
- Utilities: Municipal Water
- Heating System: Hot Water, Baseboard
- Basement and Foundation: Unfinished
- Roofing: Shingle-Asphalt
- Garage Spaces: 1
Location:
40 N Main Street, Alburgh, Vermont 05440, USA
Listed By CENTURY 21 North East
The Residential For Sale, Other Residential located at 40 N Main Street, Alburgh, Vermont 05440, USA is currently for sale. 40 N Main Street, Alburgh, Vermont 05440, USA is listed for $499,000 USD. This property has 8,262 sqft. If the property located at 40 N Main Street, Alburgh, Vermont 05440, USA isn't what you're looking for, search Vermont Real Estate to see other Homes For Sale in Alburgh.
