Waterbury, VT 05676,55 South Main ST
Waterbury, VT 05676,55 South Main ST
Waterbury, VT 05676,55 South Main ST
Waterbury, VT 05676,55 South Main ST
Waterbury, VT 05676,55 South Main ST
Waterbury, VT 05676,55 South Main ST
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Listed by Tony Walton • New England Landmark Realty LTD
Bought with Trish Sawyer • New England Landmark Realty LTD

$575,000

$600,000

4.2%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

0.53 Acres Lot


SOLD DATE : 04/26/2024

Key Details

Sold Price $575,000

Property Type Commercial

Sub Type Business,Investment,Multi-Family,Office

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 4983284

Sold Date 04/26/24

Year Built 1850

Annual Tax Amount $9,125

Tax Year 2023

Lot Size 0.530 Acres

Acres 0.53

Property Description

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.

Location

State VT

County Vt-washington

Area Vt-Washington

Zoning commercial

Rooms

Basement Entrance Interior

Basement Concrete, Unfinished, Stairs - Basement

Interior

Heating Oil

Exterior

Garage Driveway, Off Street, Parking Spaces 6+

Garage Description Driveway, Off Street, Parking Spaces 6+

Utilities Available Cable - Available, Telephone Available

Roof Type Metal,Slate

Building

Foundation Concrete, Stone

Sewer Metered

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