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Courtesy of Smith Macdonald Group of Coldwell Banker Carlson Real Estate: .

73 South Main Street

Waterbury, VT 05676
  • $4,450,000
  • STATUS: Closed
  • ON SITE: 527 Days
  • MLS #: 5002132
Sold - 06/27/2025
$4,450,000
SOLD - 06/27/2025
  • 0
    BEDS
  • 0.86
    ACRES
  • 20
    BATHS
  • 0
    1/2 BATHS
  • 16,578
    SQFT
  • $0
    $/SQFT
Type:
Multi-Family
Built:
2004
County:
Area:

School Ratings & Info

School District:

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.

Sold by Vermont Life Realtors.

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© Copyright 2025 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2025-12-05T00:05:59.513.
www.livingvermont.com/homes/151994402
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73 South Main Street Waterbury, VT 05676

  • Price: $4,495,000
  • Status: Closed
  • On Site: 527 Days
  • MLS #: 5002132
0
Beds
20
Baths
0
½ Baths
0.86
Acres
16,578
SQFT
$0
$/SQFT
2004
Built
County:
Washington
Area:
Waterbury
School District:
Washington
Property 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.
Exterior Features

Architectural Style Apartment BuildingMulti-Family Color Yellow Construction Materials Wood FrameBrick Veneer ExteriorVinyl Siding Driveway Paved Has Garage No Lot Features City LotCondo DevelopmentLevelMajor Road FrontageSidewalksIn TownNear Shopping Parking Off Street Road Frontage TBD Roof Metal

Interior Features

Basement Access Type Interior Basement Description Unfinished Cooling None Foundation ConcreteSlab - Concrete Has Basement Yes Heating PropaneBaseboardHot Water Total Ranges 20 Total Refrigerators 20

Property Features

Construction Status Existing Electric Circuit Breaker(s) Flood Zone Yes Foreclosed / Bank Owned / REO No Gross Income 411265 Pre Construction No Road Frontage Type PavedPublic Seasonal No Separate Utilities Varies Sewer Public Tax Gross Amount 45925 Tax Year 2024 Taxes Tbd No Total Electric Meters 20 Total Leases 20 Total1 Bed Units 6 Total2 Bed Units 8 Total3 Plus Bed Units 6 Utilities CableUnderground Utilities Water Source Public Zoning Downtown Comm

Courtesy of Smith Macdonald Group of Coldwell Banker Carlson Real Estate: .


© Copyright 2025 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2025-12-05T00:05:59.513.
 
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