 603-643-3942
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Price Change! reduced by $100,000 on September 5th 2024 $4,495,000 | $271 per sq.ft. | MLS# 5002132 A 20 Unit Multi Family Home, 73 South Main Street Waterbury VT With 6 - One Bedroom Units | 8 - Two Bedroom Units | 6 - Three Bedroom Units |
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| 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 : Historic District | In Town | Near Shopping | Village |
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Annual Expenses
Taxes: $45,925 |
Income
Gross Income | $ NetIncome | $ |
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| FEATURES AND DETAILS |
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CONSTRUCTION: Wood Frame | Brick Veneer Exterior | Vinyl Siding | Exterior Color Yellow | Price Per SQ.FT. 271.14 | Year Built: 2004 |
LAND DESCRIPTION:
LOT DESCRIPTION: City Lot | Condo Development | Level | Major Road Frontage | Sidewalks |
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ADDITIONAL INFORMATION
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SCHOOLS
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15 Buck Rd. Hanover, NH 03755 603-643-3942 Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College |
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Data last updated November 1st, 2024 |
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