Sold Status
$950,000 Sold Price
Multi Type
0 Beds
0 Baths
5,402 Sqft
Sold By Coldwell Banker Carlson Real Estate
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Washington County
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
Property Details
Sold Price $950,000 | Sold Date Dec 26th, 2023 | |
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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 |