Pending

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Listed by Tony Walton of New England Landmark Realty LTD
Discover a unique investment opportunity in the heart of Waterbury Main Street. This 3974 SQFT commercial property boasts six versatile units - two residential and four commercial business spaces, ensuring a diverse revenue stream. The property has an outstanding rental history, reflecting its desirability among tenants. Notably, it remained unaffected during the recent summer floods. The basement experienced water intrusion during Hurricane Irene. The building has central heating, with five units' separate electric meters. Residential spaces include a studio apartment and a single-bedroom unit, providing comfortable living quarters. The commercial spaces offer plentiful room for various businesses. Although the property may require some updates, this investment presents a unique opportunity for the new owner to enhance its value. Rents are currently priced under the market average. The property also provides generous parking and abundant storage space, adding further convenience for residential and commercial tenants. Income numbers are available upon request for those interested. This property is an exceptional opportunity to acquire a multi-use asset in a prime location.

More Info

Basic Information

  • PermissionDeed

Building

  • Year Built1850
  • ConstructionWood Frame
  • NumberOfUnitsInCommunity6
  • FoundationConcrete, Stone
  • Square Feet3,974
  • BasementConcrete, Unfinished, Stairs - Basement

Exterior

  • ExteriorBoard and Batten, Brick, Clapboard
  • RoofMetal, Slate

Amenities

  • Accessibility AmenitiesNo Stairs from Parking, Zero-Step Entry Ramp
  • PricePerSqFt150.98

Tax Information

  • Tax Year2023

Location

  • Building Number55
  • StreetSouth Main Street
  • TownWaterbury
  • StateVT
  • Zip05676
  • CountyWashington

Property

  • Acreage0.53
  • Parking Spaces
  • Property TypeCommercial Sale
  • Lot Sqft23,087

Basic Information

  • StatusPEN
  • Modification Date01/27/2024
  • TypeBusiness, Investment, Multi-Family, Office
  • List Price$600,000
  • Broker NameNew England Landmark Realty LTD
  • Listing Agent NameTony Walton
  • Lister Office NameNew England Landmark Realty LTD
  • MLS Number4983284
  • MLS StatusPending

Utilities

  • FuelOil
  • Heating CoolingBaseboard, Hot Water, Multi Zone

Other

  • Date Listed01/26/2024
  • View Count3

Map Location

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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 April 16, 2024 11:08 PM EDT

 

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