$4,495,000
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73 South Main Street Waterbury, VT 05676
Multi-Family
Residence
Beds
20
Baths
16,578
Sq. Ft.
0.86
Acre
Lot
Property Activity
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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 investmentâ??the projected NOI growth will reach over $40...0,000 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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MLS#
5002132
Property Type
Multi-Family
Bathrooms
20 Full
Year Built
2004
Square Feet
16,578
sq. ft
Price per Sq. Ft.
$271.14
Lot Size
0.86
Sewer
Public Sewer
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