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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
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$4,595,000

73 South Main Street

16,578 Sq.Ft.

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.

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Location

73 South Main Street, Waterbury, VT 05676

Status

For Sale
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 73 South Main Street, Waterbury, VT 05676. We are reviewing your request and will be in touch shortly!
Smith Macdonald Group

Smith Macdonald Group

TITLE

Brokers/Owners

Waterbury

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Property Amenities

Area & Lot
Lot Area 0.86 Acres
Living area 16,578 Sq.Ft.
MLS® ID 5002132
Year Built 2004
School District Washington
Type Multi-Family
Status For Sale
Exterior
Air conditioning None
Heat type Baseboard, Hot Water, Gas - LP/Bottle
Sewer Public
Parking Off Street
Lot Features Historic District, In Town, Near Shopping, Village
Roof Metal
Finance
Sales Price $4,595,000
Real Estate Tax $45,925 yearly

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