68 N Main Street Waterbury, Vermont 05676 MLS# 4976256

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Sold Status

$950,000 Sold Price

Multi Type

0 Beds

0 Baths

5,402 Sqft

Listed By Gurjot Singh of KW Vermont
Sold By Coldwell Banker Carlson Real Estate
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Washington County

68 N Main Street

Welcome to 68 N Main Street, a delightful 8-unit Multi-Family home located in the heart of picturesque Waterbury Village, Vermont. The front of the building was built in 1900 and additional (back) units built in 1992. In the front of the property sit four units each 1-bedroom, 1 bath and the other four units in the back of the building are each 2-bedroom, 1-bath. Overside driveway offers plenty of parking. Property overlooks Winooski River. Situated in a prime location, this investment property is just steps away from the vibrant downtown Waterbury area. Your tenants will enjoy easy access to local shops, restaurants, and cultural attractions, making it a walker's paradise. This 8-unit property with a 6% - 8% CAP rate is a lucrative real estate investment offering steady rental income, the potential for property appreciation, and an efficient management structure. It is ideally located in a desirable neighborhood, making it an attractive opportunity for investors seeking stable returns and long-term growth in their real estate portfolio. Currently all 8 units are leased. Don't miss out on this unique opportunity to own in the heart of Waterbury Village.

Property Location

68 N Main Street Waterbury

Property Details

Sold Price  $950,000 Sold Date  Dec 26th, 2023
List Price  1,050,000 Bedrooms  0 Garage Size   Car
Cooperation Fee  Unknown Total Bathrooms  0 Year Built  1900
MLS#  4976256 Lot Size  0.23 Acres Taxes $9,664
Type  Multi-Family Days on Market  387 Days Tax Year 2023
Units  8 Stories  2 Road Frontage  
Annual Income  $106,800 Style  Multi-Family Water Frontage  
Annual Expenses  $0 Finished  5,402 Sqft Construction  No, Existing
Zoning   Multi-Family Above Grade  5,402 Sqft Seasonal  No
Total Rooms  0 Below Grade  0 Sqft List Date  Oct 31st, 2023
Gross Income  $106,800 Operating Expenses  $0 Net Income  $80,700
Expenses Includes 
ConstructionWood Frame
BasementInterior, Interior Access
Interior Features
Exterior Features
Exterior  Vinyl Disability Features  
Foundation  Stone, Stone House Color  
Floors   Building Certifications  
Roof  Shingle-Asphalt, Metal HERS Index  
Directions
Lot Description, Water View, River, Water View
Garage & Parking  No, ,
Road Frontage   Water Access  
Driveway  Dirt Water Type  
Flood Zone  Unknown Water Body  
Zoning  Multi-Family
School District  NA Middle  
Elementary   High  
Heat Fuel  , Gas-Lp/Bottle Excluded  
Heating/Cool  None, Other, Electric Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Gas-Lp/Bottle Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  696-221-10315
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† The remarks published on this webpage originate from Listed By Gurjot Singh of KW Vermont via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.