73 South Main Street , Waterbury, VT 05676
Waterbury, VT 05676
Description
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 investmentthe 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.
Details
| MLS# | 5002132 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 2004 |
| Days On Site | 108 |
| Listing Provided By | Coldwell Banker Carlson Real Estate | Smith Macdonald Group |
Features
| SQ Feet | 22,691 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Units | 20 |
| Zoning | Downtown Comm |
| Acreage | 0.86 |
Market Activity 05676
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Learn More About This Property
| State | VT |
|---|---|
| County | Washington |
| City | Waterbury |
| Zip Code | 05676 |
| Listing VS Median (in 05676) | |
Price: $4,495,000 low | high Med: $457,000 SqFt: 22,691 low | high Med: 2,800 $ / SqFt: $198 low | high Med: $178 On Site: 108 low | high Med: 134.000000 | |