73 South Main StreetWaterbury, VT 05676MLS Number 5002132

  • Price: $4,495,000
  • Est. Mortgage of $/month
  • 105 Days on Market
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Federal 30-year interest rate: 6.12% last updated on Oct 3, 2024
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73 South Main Street Waterbury VT 0567673 South Main Street Waterbury VT 0567673 South Main Street Waterbury VT 0567673 South Main Street Waterbury VT 0567673 South Main Street Waterbury VT 0567673 South Main Street Waterbury VT 0567673 South Main Street Waterbury VT 0567673 South Main Street Waterbury VT 0567673 South Main Street Waterbury VT 0567673 South Main Street Waterbury VT 0567673 South Main Street Waterbury VT 0567673 South Main Street Waterbury VT 0567673 South Main Street Waterbury VT 0567673 South Main Street Waterbury VT 0567673 South Main Street Waterbury VT 0567673 South Main Street Waterbury VT 0567673 South Main Street Waterbury VT 0567673 South Main Street Waterbury VT 0567673 South Main Street Waterbury VT 0567673 South Main Street Waterbury VT 0567673 South Main Street Waterbury VT 0567673 South Main Street Waterbury VT 0567673 South Main Street Waterbury VT 0567673 South Main Street Waterbury VT 0567673 South Main Street Waterbury VT 0567673 South Main Street Waterbury VT 0567673 South Main Street Waterbury VT 0567673 South Main Street Waterbury VT 0567673 South Main Street Waterbury VT 05676
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  • 0.86Acreage
  • 20Bathrooms
  • 2004Year Built
  • 16,578Square Feet
Heney Realtors, Montpelier Office

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Heney Realtors, Montpelier Office
Office: 802-229-0345
15 East State Street
Montpelier, VT 05602
Listed by Smith Macdonald Group of Coldwell Banker Carlson Real Estate
Prime Multi-Family Investment Opportunity in Downtown Waterbury, VT: 20 Units, NOI $330K+ with 7%+ Cap Rate Discover an exceptional investment opportunity in the heart of charming Waterbury, Vermont. This property generates a robust return on investment-the projected NOI growth will reach over $400,000 within the next 12 months. Fully Occupied: The property enjoys 100% occupancy, reflecting its desirability and the strong rental market in Waterbury. Unit Variety: The three buildings offer a diverse mix of 1, 2, and 3-bedroom units. Ample Storage & Parking: Many units come with full basements, providing substantial storage options, and ample parking. Excellent Condition: This property requires limited to no capital expenditures due to its outstanding condition, ensuring a hassle-free investment experience. Ideal Location: Situated within walking distance of all downtown Waterbury amenities. The property offers convenient access to I-89, making it an attractive choice for commuters traveling to Burlington, Montpelier, and beyond. Investment Potential: This property is rare in Waterbury's competitive real estate market. Its strong financial performance, prime location, and excellent condition make it a standout investment.

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Tax Information

  • Tax Year2024

Building

  • Year Built2004
  • Units20
  • # of 1 Bedrooms6
  • # of 2 Bedrooms8
  • # of 3+ Bedrooms6
  • Bathroom20
  • Total Baths20
  • BasementUnfinished
  • FoundationConcrete, Slab - Concrete

Amenities

  • PricePerSqFt271.14

Basic Information

  • StatusACT
  • List Price$4,495,000
  • Date Price Change09/05/2024
  • MLS Number5002132
  • MLS StatusActive

Property

  • Acreage0.86
  • Parking Spaces
  • Square Feet16,578
  • APX Fin AG Sqft16,578
  • RoadsPaved, Public
  • AreaHistoric District, In Town, Near Shopping, Village

Other

  • Taxes$45,925
  • Seasonal Y/NNo
  • Date Listed06/25/2024
  • View Count66

Location

  • TownWaterbury
  • StateVT
  • Zip05676
  • CountyWashington
  • ZoningDowntown Comm
  • Flood Zone Y/NYes

Exterior

  • RoofMetal
  • Exterior ColorYellow

Utilities

  • Heat FuelGas - LP/Bottle
  • Heat SystemBaseboard, Hot Water
  • ElectricCircuit Breaker(s)
  • SewerPublic
  • UtilitiesCable, Underground Utilities

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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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 October 8, 2024 4:23 AM EDT

 

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