For Sale Status
$485,000 List Price
Multi Type
5 Beds
2 Baths
2,726 Sqft
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Washington County
Nestled in the historic district of downtown Waterbury, Vermont, this duplex presents a unique investment opportunity, especially appealing for those looking for reliable rental income in a picturesque setting. Boasting a prime location, the property is within a block of main street amenities, including shops, restaurants, and outdoor recreational areas. The vibrant community and convenient location make it an attractive destination for long-term tenants. The rental income generated from the duplex is consistently strong, making it a compelling choice for investors. Each unit features spacious living areas, modern amenities, and a cozy atmosphere that appeals to a wide range of tenants, from professionals to families. There is a two bedroom unit downstairs and a three bedroom unit upstairs. The community's rich history and outdoor recreational opportunities contribute to its desirability, ensuring a steady stream of tenants. Investing in this duplex not only provides an opportunity for consistent rental income but also allows investors to engage with the Waterbury community. As the town continues to grow in prominence as a destination for both tourists and new residents, the duplex offers a promising avenue for investment and community engagement alike. First floor unit has been remodeled and will be vacant at the end of September, could be a great opportunity for a owner-occupied investment purchase.
Cooperation Fee - 2.5%
The Seller(s) of this property has authorized the Listing Agency/Agent to offer a Cooperation Fee or Seller Concession toward Buyers’ closing costs in the amount of 2.5% with accepted terms of an offer. This fee is offered to Buyer’s Agents and Broker’s Agents. This fee must be agreed to in writing within the terms of the Purchase & Sale Contract or in a fully executed Commission Allocation Agreement or Cooperation Agreement between the brokerage firms; and will be paid at closing.✱
Property Location
Property Details
List Price 485,000 | Bedrooms 5 | Garage Size Car |
---|---|---|
Cooperation Fee 2.5% | Total Bathrooms 2 | Year Built 1875 |
MLS# 5012618 | Lot Size 0.2 Acres | Taxes $5,843 |
Type Multi-Family | Days on Market 6 Days | Tax Year 2024 |
Units 2 | Stories 1/2/1900 | Road Frontage 65 |
Annual Income $0 | Style Historic District | Water Frontage |
Annual Expenses $0 | Finished 2,726 Sqft | Construction No, Existing |
Zoning Residential | Above Grade 2,726 Sqft | Seasonal No |
Total Rooms 5 | Below Grade 0 Sqft | List Date Sep 4th, 2024 |