Waterbury, VT 05676,73 South Main ST
Waterbury, VT 05676,73 South Main ST
Waterbury, VT 05676,73 South Main ST
Waterbury, VT 05676,73 South Main ST
Waterbury, VT 05676,73 South Main ST
Waterbury, VT 05676,73 South Main ST
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Listed by Smith Macdonald Group • Coldwell Banker Carlson Real Estate
Bought with Gurjot Singh • Vermont Life Realtors

$4,450,000

$4,495,000

1.0%
Est.Price: ?

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Est. payment /mo

16,578 SqFt


SOLD DATE : 06/27/2025

Key Details

Sold Price $4,450,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 16,578 sqft

Price per Sqft $268

MLS Listing ID 5002132

Sold Date 06/27/25

Construction Status Existing

Year Built 2004

Annual Tax Amount $45,925

Tax Year 2024

Lot Size 0.860 Acres

Acres 0.86

Property 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 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.

Location

State VT

County Vt-washington

Area Vt-Washington

Zoning Downtown Comm

Rooms

Basement Entrance Interior

Basement Unfinished

Interior

Cooling None

Exterior

Garage Description Off Street

Utilities Available Cable, Underground Utilities

Roof Type Metal

Building

Story 2

Foundation Concrete, Slab - Concrete

Sewer Public

Architectural Style Apartment Building, Multi-Family

Construction Status Existing

Schools

School District Washington

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