$389,000
$40K PRICE DROP

55 S Main St Alburgh, VT 05440

Estimated payment $2,401/month

Total Views 4,551
3 Beds
2 Baths
2,048 Sq Ft
$190 Price per Sq Ft

About This Home

Completely remodeled duplex in the heart of Alburgh Village. Municipal water and sewer. Gross rents are $42,000 per year. This duplex was taken down to the framing in 2023 and completely rebuilt. New metal roof, new vinyl siding new wiring, all new windows, new LVP flooring, new appliances, new sheetrock, new insulation, new bathrooms and new baseboard. Almost nothing is original and all is less than two years old. The transformation of this property is astounding. A solid turnkey investment. Broker owned.

Listing Agent

Michael Savage

RE/MAX North Professionals License #081.0004487 Listed on: 08/07/2025

RE/MAX North Professionals

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,379

Year Built

  • Built in 1900

Parking

  • Gravel Driveway

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access

Schools

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

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Separate Meters

Additional Features

  • 0.46 Acre Lot
  • City Lot

Community Details

  • 2 Units
  • Gross Income $42,000

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,379

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1900
  • Display On Internet: DSL Available
  • Architectural Style: Apartment Building
  • ResoLotFeatures: City Lot, Near School(s)
  • Road Frontage Type: Paved, Public, Public Maintained Road
  • MLS Status: (10) Active - Active
  • Above Grade Finished Sq Ft: 2048.0
  • Unit Levels: Two
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Basement_Access_Type: Walk-up
  • Separate_Utilities: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 3
  • Basement: Full
  • Basement YN: Yes

Exterior Features

  • Driveway: Gravel
  • Roof: Metal
  • Construction Type: Wood Frame, Vinyl Siding
  • Foundation Details: Concrete

Garage/Parking

  • Attached Garage: No

Utilities

  • Electric: On-Site
  • Sewer: Public Sewer
  • Heating: Propane, Baseboard, Hot Water
  • Cooling: None
  • Utilities: Phone Available
  • Water Source: Public

Schools

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

Lot Info

  • Surveyed: Unknown
  • Zoning: None
  • Lot Size Acres: 0.46
  • Lot Size Sq Ft: 20038.0

Multi Family

  • Gross Income: 42000.0
  • Number Of Units Total: 2

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 4378.58

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $4,329 $162,200 $30,000 $132,200
2023 $3,644 $146,000 $30,000 $116,000
2022 $3,212 $146,000 $30,000 $116,000
2021 $3,325 $146,000 $30,000 $116,000
2020 $3,644 $146,000 $30,000 $116,000
2019 $3,052 $146,000 $30,000 $116,000
2018 $3,436 $146,000 $30,000 $116,000
2017 $3,205 $146,000 $30,000 $116,000
2016 $3,235 $146,000 $30,000 $116,000
2015 -- $1,460 $0 $0
2014 -- $1,460 $0 $0
2013 -- $1,460 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2025 09/25/25 Price Changed $389,000 -2.7% $190 / Sq Ft
08/28/2025 08/28/25 Price Changed $399,900 -6.8% $195 / Sq Ft
08/07/2025 08/07/25 For Sale $429,000 -- $209 / Sq Ft
Source: PrimeMLS

Purchase History

Date Type Sale Price Title Company
Deed $148,000 --
Interfamily Deed Transfer -- --
Deed $600 --
Grant Deed $108,500 --
Grant Deed $76,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 No Value Available
Source: Public Records

Source: PrimeMLS

MLS Number: 5055392

PrimeMLS

APN: 009-003-11491