73 South Main Street
$4,495,000
—
20
16,578
16,578
$271
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...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.
- Listed by Smith Macdonald Group • Coldwell Banker Carlson Real Estate
Property Details for 73 South Main Street
Parking
Off Street
ZoningDowntown Comm
LISTING UPDATED: 09/05/2024 05:16 PM
Property Details for 73 South Main Street
Status | Active |
---|---|
MLS # | 5002132 |
Days on Market | 145 |
Taxes | $45,925 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family |
Year Built | 2004 |
Lot Size | 0.86 AC / 37,461 SF |
County | Washington County |
Building Information for 73 South Main Street
Stories2Residences20Year Built2004Building Size-Lot Size0.86 AC / 37,461 SF
Property Information for 73 South Main Street
Property History for 73 South Main Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 73 South Main Street
Taxable ValueLand$234,000Additions$1,691,600Total$1,925,600
Tax Record2023$45,868 ($3,822 / month)
Home Facts
Lot Size37,462 SqFtStyleMulti-Family Res (5+ Units)ZoningCACountyWASHINGTONAPN(221) 916-0073V
Schools near 73 South Main Street
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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