NOT LISTED FOR SALE

40 N Main St Alburgh, VT 05440

Estimated Value: $183,000 - $513,000

5 Beds
2 Baths
6,524 Sq Ft
$60/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $126,500 $19 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $2,388/month

162 Days on Market

Highlights

  • 1 Car Attached Garage
  • Hot Water Heating System
  • Wood Siding
  • Air Conditioning
  • High Speed Internet

About This Home

As of August 2021

Incredible business opportunity! Former liquor outlet and deli with two rental apartments above. Rental income from the two apartments would easily cover your mortgage while you operate or rent the commercial space down below or owner occupy one apartment and rent the other. The Alburgh Beverage Mart served the area for decades and built a solid reputation for its outstanding food and customer service throughout Northwestern Vermont. The current owners are now looking for someone new to reopen and revitalize the property and carry on that proud tradition.

Last Agent to Sell the Property

Michael Savage

RE/MAX North Professionals License #081.0004487 Listed on: 12/13/2020

RE/MAX North Professionals

Last Buyer's Agent

Michael Savage

RE/MAX North Professionals License #081.0004487 Listed on: 12/13/2020

RE/MAX North Professionals

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1901

Lot Details

  • 0.26 Acre Lot
  • Lot Sloped Up

Parking

  • 1 Car Attached Garage

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 2 Full Bathrooms
  • 6,524 Sq Ft Home
  • 2-Story Property
  • Basement
  • Interior Basement Entry

Schools

  • Alburgh Community Ed. Center Elementary School
  • Assigned Middle School
  • Choice High School

Utilities

  • Air Conditioning
  • Hot Water Heating System
  • Heating System Uses Oil
  • 200+ Amp Service
  • Water Heater
  • High Speed Internet

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1901

Lot Details

0.26 Acres

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building, Multi-Family
  • Directions: From Route 78, turn left onto Route 2. Travel about 1.5 miles into the village of Alburgh. Building is on the left "Beverage Mart".
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 19.39
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 8262
  • Sq Ft - Apx Total Finished: 6524
  • Year Built: 1901
  • List Agent: 12741
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Rooms Above Ground: 15
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete, Concrete Floor
  • Sq Ft - Apx Finished AG: 6524
  • Sq Ft - Apx Unfinished BG: 1738

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Clapboard, Wood
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Garage Capacity: 1
  • Garage: Yes
  • Garage Type: Attached

Utilities

  • Electric: 200 Amp
  • Sewer: Public
  • Water: Public
  • Water Heater: Domestic
  • Heating Fuel: Oil
  • Heating: Hot Water
  • Cooling: Central AC
  • Utilities: Dsl

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Alburgh Community Ed. Center
  • High School: Choice

Lot Info

  • Lot Sq Ft: 11326
  • Lot Acres: 0.26
  • Lot Description: City Lot, Curbing, Neighbor Business, Sidewalks
  • Deed Book: 145
  • Deed Page: 183
  • Deed Recorded Type: Warranty

Multi Family

  • Total Full Baths: 2
  • Total Units: 3
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 3311.08
  • Tax Year: 2017

MLS Schools

  • School District: Alburg School District
  • School Middle Jr: Assigned

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2020
Closed on
Aug 6, 2021
Sold by
Waters Judith and Waters Skip
Seller's Agent
Michael Savage
RE/MAX North Professionals
Buyer's Agent
Michael Savage
RE/MAX North Professionals
List Price
$142,900
Sold Price
$126,500
Premium/Discount to List
-$16,400
-11.48%
Current Estimated Value
$388,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,167
Avg. Annual Appreciation
27.98%

Purchase Details

Closed on
Jan 19, 2016
Sold by
Waters Judith and Waters Skip A
Bought by
Town Of Alburgh
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
-- $126,500 --
-- $126,500 --
Town Of Alburgh -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2021 08/06/21 Sold $126,500 -11.5% $19 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
12/13/2020 12/13/20 For Sale $142,900 -- $22 / Sq Ft
Source: PrimeMLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,705 $176,300 $24,000 $152,300
2023 $2,731 $176,300 $24,000 $152,300
2022 $2,731 $176,300 $24,000 $152,300
2021 $2,731 $176,300 $24,000 $152,300
2019 $2,731 $176,300 $24,000 $152,300
2018 $3,326 $176,300 $24,000 $152,300
2017 -- $176,300 $24,000 $152,300
2016 -- $176,300 $24,000 $152,300
2015 -- $1,763 $0 $0
2014 -- $1,763 $0 $0
2013 -- $1,763 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4841627

PrimeMLS

APN: 009-003-10993

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