- $4,595,000
- MLS#: 5002132
- 20
- # of Units
- 16,578
- Total Sq. Feet
- 0.86
- Acres
- $45,925
- Taxes
1 of 29
General Property Information
- Price:
- $4,595,000
- County:
- VT-Washington
- Acres:
- 0.86
- Property Type:
- Multi-Family
- Property Status:
- Active
- # of Units:
- 20
- Agency/Brokerage:
- Smith Macdonald Group
Coldwell Banker Carlson Real Estate
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.
Features
- Property Type:
- Multi-Family
- # of Units:20
- Subdivision Name:
- Year Built:
- 2004
- Parking:
- Road Frontage:
- 0
- Acres:0.86
- Gross Income:
- 411,265
- Annual Expenses:
- 0
- # of Gas Meters:
- # of Electric Meters:
- 20
- Sq Ft (Above Ground):
- 16578
- Sq Ft (Below Ground):
- 0
- Total Sq Ft:
- 16578
- Land Description:City Lot,Condo Development,Level,Major Road Frontage,Sidewalks
- Elementary School:
- Middle School:
- High School:
- Financing Details:
- Documents Available:
Unit Information
Unit 1
- #Rooms:
- 0
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- Sq. Ft.:
- 0
- Floor:
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- Monthly Rent:
- 0.00
Unit 2
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- #Bedrooms:
- 0
- #Baths:
- Sq. Ft.:
- 0
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- Monthly Rent:
- 0.00
Unit 3
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- 0
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- 0.00
Unit 4
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- 0.00
Unit 5
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- 0.00
Unit 6
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Unit 7
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- 0
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- 0.00
Unit 8
- #Rooms:
- 0
- #Bedrooms:
- 0
- #Baths:
- Sq. Ft.:
- 0
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- Monthly Rent:
- 0.00
Other Information
- List Date:
- 2024-06-25
- Last Updated:
- 2024-06-25 12:48:19
