VT > Waterbury
Waterbury, VT 05676,73 South Main ST
Waterbury, VT 05676,73 South Main ST
Waterbury, VT 05676,73 South Main ST
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Louden Dennis

Louden Dennis

TODAY Real Estate

+1(207) 219-2935
Listed by Smith Macdonald Group • Coldwell Banker Carlson Real Estate
$4,495,000
Est. payment /mo
16,578 SqFt
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UPDATED:

09/05/2024 05:16 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 16,578 sqft

Price per Sqft $271

MLS Listing ID 5002132

Construction Status Existing

Year Built 2004

Annual Tax Amount $45,925

Tax Year 2024

Lot Size 0.860 Acres

Acres 0.86

Property 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 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.

Location

State VT

County Vt-washington

Area Vt-Washington

Zoning Downtown Comm

Rooms

Basement Entrance Interior

Basement Unfinished

Interior

Heating Gas - LP/Bottle

Cooling None

Basement Type Unfinished

Exterior

Garage Description Off Street

Utilities Available Cable, Underground Utilities

Roof Type Metal

Building

Story 2

Foundation Concrete, Slab - Concrete

Sewer Public

Construction Status Existing

Schools

School District Washington

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Louden Dennis

+1(207) 219-2935

Sales Associate | License ID: SA926657

Sales Associate License ID: SA926657

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