1399-1403 Highway 2
Waterbury, VT 05676
$950,000
Price
8
Beds
4
Baths
3,680 Sq. Ft.
$258 / Sq. Ft.
3,680
Sq. Ft.
$258
per Sq. Ft.
Description
Discover the perfect blend of modern design and convenient living with these two spacious side-by-side duplexes, built in 2020 and 2022, situated on 8+ picturesque acres just north of Waterbury Village. This 4-unit rental property boasts modern finishes throughout, including fully equipped kitchens with dishwashers, in-unit laundry, and attached 2-bay garages for each apartment. With its prime location along Route 2, tenants will enjoy easy access to local amenities, while the generous acreage provides...Discover the perfect blend of modern design and convenient living with these two spacious side-by-side duplexes, built in 2020 and 2022, situated on 8+ picturesque acres just north of Waterbury Village. This 4-unit rental property boasts modern finishes throughout, including fully equipped kitchens with dishwashers, in-unit laundry, and attached 2-bay garages for each apartment. With its prime location along Route 2, tenants will enjoy easy access to local amenities, while the generous acreage provides a peaceful setting. These well-maintained units offer an excellent opportunity for investors seeking reliable rental income and long-term value in a high-demand area. Don’t miss out on this rare package deal in one of Vermont's most desirable rental markets! Showings begin on Saturday, 10/26.
- Listed by Ryan Smith • Element Real Estate
Property Details for 1399-1403 Highway 2
Parking
Auto Open, Direct Entry, Driveway, Garage, On-Site, Parking Spaces 11 - 20, Attached
Water Body TypeRiver
ZoningMedium Density - Res
LISTING UPDATED: 10/29/2024 09:14 PM
Property Details for 1399-1403 Highway 2
| Status | Active |
|---|---|
| MLS # | 5019672 |
| Days on Market | 25 |
| Taxes | $13,910 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 2020 |
| Lot Size | 8.90 AC / 387,684 SF |
| County | Washington County |
Building Information for 1399-1403 Highway 2
Stories1Residences4Year Built2020Building Size-Lot Size8.90 AC / 387,684 SF
Property Information for 1399-1403 Highway 2
Summary
Location and General Information
- Area Description: Rural
- City: Waterbury
- County: VT-Washington
- Latitude: 44.353342328429981
- Longitude: -72.786255457672112
- Road Frontage: TBD
- Seasonal: No
- State: VT
- Zip Code: 05676
Taxes and HOA Information
- SPAN Number: 696-221-10641
- Tax Year: 2024
- Taxes TBD: No
School Information
- School - High: Harwood Union High School
- School - District: Harwood UHSD 19
- School - Elementary: Brookside Elementary School
- School - Middle/Jr: Crossett Brook Middle School
Parking
- Garage: Yes
- Garage Capacity: 8.00
- Driveway: Crushed Stone
Property
Lot Information
- Lot - Sqft: 387684.0
- Lot Features: River, River Frontage, Subdivision, View, Waterfront
- Lot Size Acres: 8.9
- Road Frontage Length: 467.0
- Square Feet Apx Finished Above Grade: 3680.0
- Square Feet Apx Finished AG Source: Public Records
- Square Feet Apx Finished Below Grade: 0.0
- Square Feet Apx Total: 7280.0
- Square Feet Apx Total Finished: 3680.0
- Square Feet Apx Unfinished Above Grade: 0.0
- Square Feet Apx Unfinished Below Grade: 3600.0
- Square Feet Apx Unfinished BG Source: Public Records
- Water Body Access: Yes
- Water Body Name: Winooski River
Property and Assessments
- Property Class: Multi-Family
- Construction Status: Existing
- Flood Zone: Yes
- Foundation: Poured Concrete
- PreConstruction: No
- Surveyed: Yes
- Water Body Restrictions: Unknown
- Year Built: 2020
Utilities
- Electric Company: GMP
- Cable Company: Comcast/Xfinity
- Electric: Circuit Breaker(s)
- Sewer: On-Site Septic Exists, Septic
- Water Source: Drilled Well, On-Site Well Exists, Ultraviolet
- Utilities: Cable - Available, Gas - LP/Bottle, Telephone Available
- Water Access Details: Directly Adjoining
- Total Gas Meters: 4
- Total Electric Meters: 5
- Separate Utilities: Yes
- Internet: High Speed Intrnt -Avail
Interior and Exterior Features
Exterior Features
- Construction Materials: Wood Frame, Vinyl Siding
- Features - Exterior: Porch - Covered
- Roads: Paved, Public
- Roof: Shingle
- Total Ranges: 4
Interior Features
- Appliances: Water Heater – On Demand, Water Heater–Gas–LP/Bttle
- Basement: Yes
- Basement Access Type: Walkout
- Basement Description: Concrete
- Total Full Baths: 4
- Flooring: Carpet, Laminate, Vinyl
- Heat Fuel: Gas - LP/Bottle
- Heating: Baseboard, Radiant
- Cooling: None
- Total Refrigerators: 4
- Total Stories: 1.5
- Total Water Heaters: 4
Multi Family
Income & Expenses Information
- Gross Income: $78,000.00
- Net Income: $55,025.00
- Operating Expense Incl: Insurance, Other
- Operating Expense: $22,975
Multi-Family Information
- Total Units: 4
- Total 1 BR Units: 0
- Total 2 BR Units: 4
- Total 3+ BR Units: 0
Unit Information
Unit 1
- Unit 1 Baths: 2
- Unit 1 Bedrooms: 2
- Unit 1 Level Number: 1
- Unit 1 Rental Amt Freq: Monthly
- Unit 1 Rental Amount: $1,750.00
- Unit 1 Tenant Pays: All Utilities
- Unit 1 Info: Appliances Included, Ceiling Fan, Dishwasher, Dryer, Kitchen Island, Laundry Hookup, Primary BR w/ BA, Microwave, Range - Electric, Refrigerator, Smoke Detector, Washer
Unit 2
- Unit 2 Baths: 2
- Unit 2 Level Number: 1
- Unit 2 Rental Amt Freq: Monthly
- Unit 2 Bedrooms: 2
- Unit 2 Rental Amount: $1,850.00
- Unit 2 Info: Appliances Included, Ceiling Fan, Dishwasher, Dryer, Heat - Gas, Kitchen Island, Laundry Hookup, Primary BR w/ BA, Microwave, Range - Electric, Refrigerator, Smoke Detector, Washer, Water Heater
- Unit 2 Tenant Pays: All Utilities
Unit 3
- Unit 3 Baths: 1
- Unit 3 Level Number: 1
- Unit 3 Rental Amt Freq: Monthly
- Unit 3 Bedrooms: 2
- Unit 3 Rental Amount: $1,500.00
- Unit 3 Info: Appliances Included, Dishwasher, Dryer, Heat - Gas, Kitchen Island, Laundry Hookup, Microwave, Range - Electric, Refrigerator, Smoke Detector, Washer, Water Heater
Unit 4
- Unit 4 Level Number: 1
- Unit 4 Rental Amt Freq: Monthly
- Unit 4 Baths: 1
- Unit 4 Bedrooms: 2
- Unit 4 Rental Amount: $1,400.00
- Unit 4 Info: Appliances Included, Dishwasher, Dryer, Heat - Gas, Kitchen Island, Laundry Hookup, Microwave, Range - Electric, Refrigerator, Smoke Detector, Washer, Water Heater
Property History for 1399-1403 Highway 2
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 1399-1403 Highway 2
This home is within Harwood Unified School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 4 | |||
| Public - | PK to 6 | |||
| Public - | 5 to 8 | |||
| Public - | 7 to 12 |
Rating | School | Distance |
|---|---|---|
Thatcher Brook Primary School Usd #45 PublicPK to 4 | ||
Waitsfield Elementary School PublicPK to 6 | ||
Crossett Brook Middle School Usd #45 Public5 to 8 | ||
Harwood Uhsd #19 Public7 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Element Real Estate
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