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$4,495,000
72 Days Online

73 South Main Street
Waterbury, VT 05676

For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
16,578
SqFt
$271
/SqFt
2004
Built
County:
VT-Washington
Listing courtesy of Smith Macdonald Group of Coldwell Banker Carlson Real Estate

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(603) 264-9808
73 South Main Street73 South Main Street73 South Main Street73 South Main Street
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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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Listing Snapshot
Price 
$4,495,000
Days Online 
72 Days
Bedrooms 
N/A
Inside Area (SqFt) 
16,578 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.86 Acres
Year Built 
2004
MLS® Number 
5002132
Status 
Active
Property Tax 
$45,925
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoPrice changed to $4,495,000
2 months agoListing first seen online
4 months agoListing updated with changes from the MLS®
General Features
Acres 
0.86
Number Of Stories 
2
Parking 
PavedOff Street
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Above 
16578
SqFt Total 
16578
Style 
Apartment BuildingMulti-Family
Water Source 
Public
Zoning 
Downtown Comm
Interior Features
Basement 
FinishedUnfinished
Heating 
BaseboardHot Water
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Exterior Features
Construction Details 
Brick VeneerVinyl Siding
Lot Features 
Level
Roof 
Metal
Community Features
School District 
Washington
Schools
School District
Washington
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Smith Macdonald Group of Coldwell Banker Carlson Real Estate



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, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data Last Updated: 2024-10-15 07:00 PM UTC

Neighborhood & Commute
Source: Walkscore
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