55 S Main St

$389,000
Price
3
Beds
2,048 Sq. Ft.
$190 / Sq. Ft.
2,048
Sq. Ft.
$190
per Sq. Ft.

Description

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...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.
  1. Listed by Michael Savage • RE/MAX North Professionals

Property Details for 55 South Main Street

Zoning
None
LISTING UPDATED: 09/25/2025 12:23 PM

Property Details for 55 South Main Street

StatusActive
MLS #5055392
Days on Market139
Taxes$4,379 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1900
Lot Size0.46 AC / 20,037 SF
CountyGrand Isle County

Location

Listing Courtesy of RE/MAX North Professionals
Add your commute

Building Information for 55 South Main Street

Stories2Residences2Year Built1900Building Size-Lot Size0.46 AC / 20,037 SF

Payment Calculator

$2,287 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,922

Property Taxes

$365

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 55 South Main Street

Summary
Location and General Information
  • City: Alburgh
  • County: VT-Grand Isle
  • Latitude: 44.975961000001000
  • Longitude: -73.300139000000001
  • Road Frontage: Yes
  • Seasonal: No
  • State: VT
  • Street Designation: Street
  • Zip Code: 05440
Taxes and HOA Information
  • SPAN Number: 009-003-11491
  • Tax Year: 2025
  • Taxes TBD: No
Parking
  • Garage: No
  • Driveway: Gravel
Property
Lot Information
  • Lot Features: City Lot, Near School(s)
  • Lot Size Acres: 0.46
  • Road Frontage Length: 94.0
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: No
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1900
Utilities
  • Electric: On-Site
  • Sewer: Public
  • Water Source: Public
  • Utilities: Telephone Available
  • Separate Utilities: Yes
  • Internet: DSL Available
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame, Vinyl Siding
  • Roof: Metal
Interior Features
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Full
  • Total Full Baths: 2
  • Heating: Propane, Baseboard, Hot Water
  • Cooling: None
  • Total Stories: 2
Multi Family
Income & Expenses Information
  • Gross Income: $42,000.00
  • Operating Expense Incl: Insurance, Water/Sewer
  • Operating Expense: $3,100
Multi-Family Information
  • Total Units: 2
  • Total 1 BR Units: 1
  • Total 2 BR Units: 1
  • Total 3+ BR Units: 0
Unit Information
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Lease Term: Annual
  • Unit 1 Level Number: 1
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Status: Leased
  • Unit 1 Rooms: 4
  • Unit 1 Rental Amount: $1,500.00
  • Unit 1 Tenant Pays: All Utilities
  • Unit 1 Info: Appliances Included, Ceiling Fan, CO Detector, Laundry Hookup, Electric Range, Refrigerator, Smoke Detector
Unit 2
  • Unit 2 Lease Term: Annual
  • Unit 2 Baths: 1
  • Unit 2 Rooms: 6
  • Unit 2 Status: Leased
  • Unit 2 Level Number: 2
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Bedrooms: 2
  • Unit 2 Rental Amount: $2,000.00
  • Unit 2 Info: Appliances Included, Ceiling Fan, CO Detector, Dishwasher, Dryer, Laundry Hookup, Microwave, Electric Range, Refrigerator, Washer
  • Unit 2 Tenant Pays: Electric, Heat, Hot Water

Property History for 55 South Main Street

DateEvent & SourcePriceAppreciation
Aug 7, 2025

Listed (Active)

New England Real Estate Network #5055392

$429,000—
Jan 6, 2023

Sold (Public Record)

Public Record #1507863879

$148,000—
Sep 8, 2022

Expired

New England Real Estate Network #4881950

—
Sep 8, 2021

Listed (Active)

New England Real Estate Network #4881950

$189,000—
DateEvent & SourcePrice
08/07/2025

Listed (Active)

New England Real Estate Network #5055392

$429,000
01/06/2023

Sold (Public Record)

Public Record #1507863879

$148,000
09/08/2022

Expired

New England Real Estate Network #4881950

—
09/08/2021

Listed (Active)

New England Real Estate Network #4881950

$189,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 55 South Main Street

Taxable ValueLand$30,000Additions$132,200Total$162,200
Tax Record2024$4,329 ($361 / month)
Home Facts
Baths2Total Finished SqFt2,048 SqFtAbove Grade Finished SqFt2,048 SqFtStories2Lot Size20,038 SqFtStyleOffice BuildingYear Built1900CountyGRAND ISLEAPN(003) SM005-A

Schools near 55 South Main Street

This home is within Alburg School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Rating
School
Distance
Alburg Community Education Center
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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55 South Main Street is a multi-family home for sale in Alburgh, VT 05440. This property was listed for sale on August 7, 2025 by RE/MAX North Professionals, it's currently listed at $389,000. It has been on the market for a total of 139 days and was last sold on January 6, 2023. This listing's school district is Alburg School District. Nearby schools include Alburg Community Education Center. 55 South Main Street is a 3-bed, 2-bath, 2,048 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX North Professionals

Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/24/2025 09:33 AM