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. Each unit features spacious living areas, modern amenities, new Rinnai heaters, and a cozy atmosphere to appeal to a wide range of tenants. There is a two bedroom unit on the first floor and a three bedroom unit upstairs. The first floor unit has been remodeled and will be vacant at the end of September – a great opportunity to owner-occupy! The second floor unit has long-term tenants. As Waterbury continues to grow in prominence as a destination for both tourists and residents alike, this property offers a promising avenue for both investment and community engagement.
Property Details
Property Features
Property Information:
Year Built: 1875
Living Area: 2,726 SqFt
Listing Office:
Office Name: Coldwell Banker Hickok and Boardman
Office Phone: (802) 863-1500
Listing Agent: Kieran Donnelly
Interior Features
Interior Information:
Basement: Yes
Flooring Type: Wood
Exterior Features
Exterior Information:
Exterior: Porch - Covered
Parking Information:
Parking: Driveway, Off Street, On Street
Lot Features
Lot Information:
Lot Size: 0.20 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: Other
Other
Directions Information:
Directions: I-89 Exit 10 to VT Route 100 S. Take the third exit at the circle to Main Street. Turn right on Elm Street. Home on the right across the street from the Prohibition Pig Brewery.
Price Information
Listing Price Info
Price Summary:
List Price: $465,000
Price Per SqFt: $171/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/21/2024, 8:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,388
Per Month
Principal & Interest
$2,321
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,461
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Brookside Primary School
47 Stowe St
Distance between this listing and this school0.26 miles
Public District Grades PK-4
4
/10
Moretown Elementary School
940 VT Route 100B
Distance between this listing and this school6.16 miles
Public District Grades PK-6
4
/10
Stowe Elementary School
254 Park St
Distance between this listing and this school9.43 miles
Public District Grades KG-5
Nearby Schools
4
/10
Crossett Brook Middle School
5672 VT Route 100
Distance between this listing and this school1.09 miles
Public District Grades 5-8
6
/10
Main Street Middle School
170 Main St
Distance between this listing and this school10.57 miles
Public District Grades 5-8
7
/10
Camels Hump Middle School
173 School St
Distance between this listing and this school12.88 miles
Public District Grades 5-8
Nearby Schools
6
/10
Harwood Union Middle / High School
458 VT Route 100
Distance between this listing and this school5.89 miles
Public District Grades 7-12
6
/10
Montpelier High School
5 High School Dr
Distance between this listing and this school9.91 miles
Public District Grades 9-12
5
/10
U - 32 Middle & High School
930 Gallison Hill Rd
Distance between this listing and this school13.05 miles
The neighbors living near this home have an average income of $50,084. The most common annual income of people living in Washington County, VT is between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7-9 Elm St
What is the listing price of this property?
The listing price of 7-9 Elm St property is $465,000.
What type of property is this?
The property 7-9 Elm St is land located in Waterbury, Vermont, 05676.
Is this property for sale now?
Active Listing: 7-9 Elm St is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 7-9 Elm St in Waterbury, VT and zip code 05676. This 2,726 square foot home, which was built in 1875, sits on a 0.20 acre lot. It has been listed on Rocket Homes since September 04, 2024 and is currently priced at $465,000.
The inventory of homes for sale in Washington County, VT between September 2024 and October 2024 increased by 75.3%. The median list price of listings available in October 2024 was $382,000, while the average time on the real estate market was 54 days.
From Rocket Homes Real Estate and based on county public records data.