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  • 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

    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.

    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#: 5002132MLS Logo

    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
    Services availability