Waterbury VT Multi Family for sale $$4,495,000 $271 per sq.ft.

$4,495,000 $271 per sq.ft. Waterbury VT »
Price Change! Reduced by $100,000 down 2% on September 5th 2024
Number of Units 20   Total Sq. Ft. 16578  |  Acres: 0.86
List Date Tuesday Jun 25, 2024
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. See MLS Property & Listing Details & 29 images. Includes a Virtual Tour








 

 

 
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