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Listed by Gurjot Singh of KW Vermont

Listing Sold by Coldwell Banker Carlson Real Estate
Welcome to 68 N Main Street, a delightful 8-unit Multi-Family home located in the heart of picturesque Waterbury Village, Vermont. The front of the building was built in 1900 and additional (back) units built in 1992. In the front of the property sit four units each 1-bedroom, 1 bath and the other four units in the back of the building are each 2-bedroom, 1-bath. Overside driveway offers plenty of parking. Property overlooks Winooski River. Situated in a prime location, this investment property is just steps away from the vibrant downtown Waterbury area. Your tenants will enjoy easy access to local shops, restaurants, and cultural attractions, making it a walker's paradise. This 8-unit property with a 6% - 8% CAP rate is a lucrative real estate investment offering steady rental income, the potential for property appreciation, and an efficient management structure. It is ideally located in a desirable neighborhood, making it an attractive opportunity for investors seeking stable returns and long-term growth in their real estate portfolio. Currently all 8 units are leased. Don't miss out on this unique opportunity to own in the heart of Waterbury Village.

More Info

Tax Information

  • Tax Year2023

Building

  • Year Built1900
  • Building ConstructionWood Frame
  • StyleMulti-Family
  • Units8
  • # of 1 Bedrooms4
  • # of 2 Bedrooms4
  • Bathroom8
  • Total Baths8
  • BasementInterior Access
  • FoundationSlab - Concrete, Stone

Amenities

  • PricePerSqFt175.86

Basic Information

  • StatusSLD
  • List Price$1,050,000
  • Date Price Change10/31/2023
  • MLS Number4976256
  • MLS StatusClosed
  • Sale Date12/26/2023

Exterior

  • ExteriorVinyl
  • RoofMetal, Shingle - Asphalt

Utilities

  • Heat FuelGas - LP/Bottle
  • Heat SystemElectric, Other
  • WaterPublic
  • Water HeaterGas - LP/Bottle
  • ElectricCircuit Breaker(s)
  • SewerPublic
  • UtilitiesCable - Available, Fiber Optic Internt Avail

Location

  • TownWaterbury
  • StateVT
  • Zip05676
  • CountyWashington
  • ZoningMulti-Family
  • Flood Zone Y/NUnknown

Property

  • Acreage0.23
  • Parking Spaces
  • Lot DescriptionRiver, Sidewalks, Water View
  • Square Feet5,402
  • APX Fin AG Sqft5,402
  • RoadsPaved

Other

  • Taxes$9,664
  • Seasonal Y/NNo
  • Date Listed10/31/2023
  • View Count11

Map Location

Driving Directions

Broker Reciprocity 

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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 September 13, 2024 9:55 AM EDT

 

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