73 South Main Street Waterbury, Vermont 05676 MLS# 5002132

Return to your Search ResultsBack to Search Results Next PropertyView the next property

For Sale Status

$4,495,000 List Price

Multi Type

0 Beds

0 Baths

16,578 Sqft

Listed By Smith Macdonald Group of Coldwell Banker Carlson Real Estate
✉ 🖶

Request a Showing or More Info

View All Realtors

Listing Alerts

Create Account

Mortgage Provider

Contact a local mortgage provider today to get pre-approved.

Call: (866) 805-6267
NMLS# 446767

Get Pre-Approved »

Mortgage Calculator

$

$ Taxes

$ Principal & Interest

$

This calculation is based on a rough estimate. Every person's situation is different. Be sure to consult with a mortgage advisor on your specific needs.

Washington County

Learn More »
73 South Main Street
73 South Main Street
73 South Main Street
73 South Main Street
73 South Main Street
73 South Main Street
73 South Main Street
73 South Main Street
73 South Main Street
73 South Main Street
73 South Main Street
73 South Main Street
73 South Main Street
73 South Main Street
73 South Main Street
73 South Main Street
73 South Main Street
73 South Main Street
73 South Main Street
73 South Main Street
73 South Main Street
73 South Main Street
73 South Main Street
73 South Main Street
73 South Main Street
73 South Main Street
73 South Main Street
73 South Main Street
73 South Main Street

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. †

Property Location

73 South Main Street Waterbury

Property Details

List Price  4,495,000 Bedrooms  0 Garage Size   Car
Cooperation Fee  Unknown Total Bathrooms  0 Year Built  2004
MLS#  5002132 Lot Size  0.86 Acres Taxes $45,925
Type  Multi-Family Days on Market  147 Days Tax Year 2024
Units  20 Stories  2 Road Frontage  
Annual Income  $411,265 Style  Historic District Water Frontage  
Annual Expenses  $0 Finished  16,578 Sqft Construction  No, Existing
Zoning   Downtown Comm Above Grade  16,578 Sqft Seasonal  No
Total Rooms  0 Below Grade  0 Sqft List Date  Jun 25th, 2024
Gross Income  $411,265 Operating Expenses  $0 Net Income  $331,648
Expenses Includes 
Construction
BasementInterior, Unfinished
Interior Features
Exterior Features
Exterior   Disability Features  
Foundation  Concrete, Slab - Concrete House Color  Yellow
Floors   Building Certifications  
Roof  Metal HERS Index  
DirectionsHeading south on Route 100 in Waterbury, take the 2nd right at the roundabout. In 0.5 miles, 73 South Main is on the right across from Kinney Drugs.
Lot Description, Village
Garage & Parking  No, Off Street
Road Frontage   Water Access  
Driveway  Paved Water Type  
Flood Zone  Yes Water Body  
Zoning  Downtown Comm
School District  Washington Middle  
Elementary   High  
Heat Fuel  , Gas-Lp/Bottle Excluded  
Heating/Cool  None, Baseboard, Hot Water Negotiable  
Sewer  Public Parcel Access ROW  
Water   ROW for Other Parcel  
Water Heater   Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  696-221-11632
Loading

† The remarks published on this webpage originate from Listed By Smith Macdonald Group of Coldwell Banker Carlson Real Estate 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.