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.
Closed
Listed by:
Smith Macdonald Group,
Coldwell Banker Carlson Real Estate 802-253-7358
$4,450,000
73 South Main Street, Waterbury, VT 05676
--beds
--baths
16,578sqft
Multi Family
Built in 2004
-- sqft lot
$3,581,700 Zestimate®
$268/sqft
$2,014 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 27, 2025 at 11:25am
Listed by:
Smith Macdonald Group,
Coldwell Banker Carlson Real Estate 802-253-7358
Bought with:
Gurjot Singh
Vermont Life Realtors
Source: PrimeMLS,MLS#: 5002132

Facts & features
Interior
Bedrooms & bathrooms
- Full bathrooms: 20
Heating
- Propane, Baseboard, Hot Water
Cooling
- None
Features
- Basement: Unfinished,Interior Entry
Interior area
- Total structure area: 22,691
- Total interior livable area: 16,578 sqft
- Finished area above ground: 16,578
Property
Parking
- Parking features: Paved, Off Street
Features
- Levels: Two
Lot
- Size: 0.86 Acres
- Features: City Lot, Condo Development, Level, Major Road Frontage, Sidewalks, In Town, Near Shopping
Details
- Zoning description: Downtown Comm
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Brick Veneer Exterior, Vinyl Siding
- Foundation: Concrete, Slab - Concrete
- Roof: Metal
Condition
- New construction: No
- Year built: 2004
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable, Underground Utilities, High Speed Intrnt -Avail
Community & neighborhood
Location
- Region: Waterbury
Other
Other facts
- Road surface type: Paved