List Price: $395,000 | $129 per sq.ft. Multi Family A 3 Unit Multi Family Home
With 2 One Bedroom Units , 1 - Two Bedroom Units ,0 - Three Bedroom Units
Under Contract Date Listed Tuesday Jun 30, 2026 | MLS# 5097428



Address: 17 Elm Street Waterbury VT
Listed by Lisa Meyer BHHS Vermont Realty Group/Waterbury
Description:
Well-maintained and extensively updated 3-unit multifamily property in the heart of Waterbury, the place to be! This attractive investment opportunity features one spacious 2-bedroom apartment and two 1-bedroom apartments, offering strong rental appeal and flexibility for both investors and owner-occupants. The beautifully renovated first-floor 2-bedroom unit was completely gutted and remodeled in 2023 and includes exclusive access to the full unfinished basement, providing abundant storage and washer/dryer hookup. Recent improvements include a new roof installed in 2025 and relocation of utility systems to the upper level (with water heaters remaining in the basement) to improve flood resilience. The property sits on a large lot with a generous yard and ample off-street parking for tenants and guests. Ideally located just a short walk from all that downtown Waterbury has to offer, including restaurants, shops, parks, schools, and other local amenities. Whether you're seeking an owner-occupied property with rental income or a turnkey addition to your investment portfolio, this property offers an exceptional combination of location, updates, and income potential. Owner is a licensed Vermont Real Estate Broker. Operating Expenses : Insurance,Maintenance,Snow Removal,Water/Sewer
Annual Expenses

Taxes: $6,156
Income
Gross Income | $45,900
NetIncome | $28,900

UNIT 1 INFORMATION

Beds: 2
Baths: 1
Rooms: 6
Sq.Ft.: 1709
Level: 1
Tenant Pays : Electric,Heat,Internet Service
Rent : 2000.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Month to Month

UNIT 2 INFORMATION

Beds: 1
Baths: 1
Rooms: 3
Sq.Ft.: 658
Level: 2
Tenant Pays : Electric,Heat,Internet Service
Rent : 900.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes

UNIT 3 INFORMATION

Beds: 1
Baths: 1
Rooms: 3
Sq.Ft.: 690
Level: 2
Rent : 925.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Month to M

Construction: Wood Frame | Wood Siding
Year Built: 1900
Style: New Englander
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 4574
Above Grade Sq.Ft.: 3057
Basement: Concrete Floor | Dirt Floor | Exterior Stairs | Unfinished
Exterior Color: Grey
Roof: Architectural Shingle
Seasonal: No
Heating: Propane | Electric
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable Available | Gas On-Site | Telephone Available
Electric Meters: 3
Gas_Meters: 3
Water: Public Water On-Site
Sewer: Public Sewer On-Site
Land Information
Level | Open
Lot size: 0.27 acres
Zoned: Residential)
Surveyed: Unk
Flood Zone: Yes
Road Frontage: 60
Driveway: Gravel
Additional Information
Docs Available : Property Disclosure | Tax Map
Easement - No
Taxes $6,156
Assesed Value Not Reported
Schools
School District: Washington West
Elementary School: Brookside Elementary School
Middle School: Crossett Brook Middle School
High School: Harwood Union High School

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