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 |
| Sub-Type | Resale |
| Year | 2004 |
| Days On Site | 104 |
| Listing Provided By | Coldwell Banker Carlson Real Estate | Smith Macdonald Group |
Features
| Basement | Y |
|---|---|
| Units | 20 |
| Zoning | Downtown Comm |
| Acreage | 0.86 |
Market Activity 05676
_20230518140439.png){kind=small}
Copyright 2024 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site 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.
Request a showing
Request a showing
Contact
Learn More About This Property
| State | VT |
|---|---|
| County | VT Washington |
| City | Waterbury |
| Zip Code | 05676 |
| Listing VS Median (in 05676) | |
Price: $4,595,000 low | high Med: $481,500 On Site: 104 low | high Med: 40.000000 | |