Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Remodeled Duplex with Private Deck Title is generated by Realmo AI

    143 S Main Street, Waterbury, VT 05676

    View on Map
    Claim this Listing
    For Sale
    Under Contract
    $488,800

    MULTI_FAMILY - Victorian - Waterbury, VT

    Property size:
    2,334 SF
    Lot size:
    0.19 Acres
    Price / SF:
    $209/SF
    Added:
    Jan 27, 2026
    Days on Market:
    129
    Last Refresh:
    Jun 5 at 3:06 pm

    Property Features for 143 S Main Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Mixed Use
    Bedrooms
    4
    Bathrooms
    3
    Rooms
    Bedroom 1, Bedroom 4, Bathroom 3, Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 2
    Parking features
    Off Street
    Patio and Porch features
    Porch, Deck
    Exterior features
    Deck, Covered Porch, Enclosed Porch
    Appliances
    On Demand Water Heater, Propane Water Heater, Tankless Water Heater
    Standard status
    Active Under Contract
    Size
    2,334 SF
    Lot size
    0.19 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    5286

    Utilities

    Utilities
    Cable Available
    Heating system
    Ductless (Heating), Heat Pump (Heating)
    Cooling system
    Ductless, Zoned
    Water source
    Public

    Building Details

    Year built
    1890
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Wood, Tile
    Building materials
    Wood Frame, Vinyl Siding
    Roof type
    Metal
    Architectural style
    Victorian

    We can help!

    Listing Contact
    Andrea Champagne
    Andrea Champagne

    Listing agent Andrea Champagne

    Listing office Champagne Real Estate 508 Route 2, South Hero, VT

    Listing date Jan 27, 2026

    MLS# 5074997 Listing URL

    Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Completely renovated mixed‑use duplex with flexible layout: upper unit plus a lower level that was used as a multi‑room office
    • Upper‑level unit features 2 bedrooms, 2 bathrooms, and a private second‑floor deck
    • Lower level most recently used as a multi‑room office and could be converted back to a two‑bedroom apartment
    • Three‑car attached garage plus plenty of off‑street parking
    • Year built 1890 Victorian; wood frame with vinyl siding and a metal roof
    • Heat pump heating with zoned ductless cooling and tankless/on‑demand propane water heating

    Overview

    This completely renovated mixed-use duplex offers two flexible levels with practical updates throughout. The upper unit features 2 bedrooms, 2 bathrooms, and abundant natural light, along with a private second-floor deck. The lower level was most recently used as a multi-room office, and it could be converted back to a 2-bedroom apartment. The property also includes a three-car attached garage, plenty of off-street parking, and energy-focused improvements such as spray foam insulation and energy-efficient cold weather heat pumps, with town water and sewer in place.

    Set on a lot of 0.19 acres, the property is located at 143 S Main Street in Waterbury, Vermont, within Mixed Use zoning. The arrangement of an attached garage plus off-street parking supports day-to-day convenience for residents, clients, or dual-use occupants.

    As a live-and-work or residential-income setup, the configuration is designed to accommodate different tenant preferences. The upper-level layout can serve as a standalone residence, while the lower level’s prior office use provides a ready starting point for professional use or a straightforward return to residential use, supported by the property’s recent renovation and modern mechanical and insulation upgrades.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waterbury
    County
    Washington
    State
    Vermont
    Longitude
    -72.7488222
    Latitude
    44.330249

    Nearby Similar for Sale

    • $585,000

      Residential Development Land with Permits

      3+/- acre parcel with a renovated 3-BR farmhouse and permitted lots for two duplex sites and a 2-BR home.
      3250 Waterbury-Stowe Road, Waterbury, VT 05677
      View Details
    • $1,950,000
      1,900 SF

      Retail Opportunity Near Cold Hollow

      Retail space for sale with high traffic and visibility.
      3627 Waterbury-Stowe Rd, Waterbury Center, VT
      View Details
    • $1,100,000

      Renovated Mixed-Use Commercial Building

      Renovated two-plus unit building on Route 100 with flexible space for retail, office, or short-term rentals.
      4706 Waterbury Stowe Road #1&2, Waterbury, VT 05671
      View Details
    • $1,100,000

      Versatile Commercial Property on Route 100

      Renovated commercial property with high visibility on Route 100.
      4706 Waterbury Stowe Rd 1&2, Waterbury, VT 05671
      View Details
    • $995,000
      4,944 SF

      Mixed-Use Building with Restaurant

      Downtown Waterbury building with restaurant and two apartments.
      13 Stowe St, Waterbury, VT
      View Details
    • $488,800
      2,334 SF

      Remodeled Mixed-Use Duplex

      Two residences with a second-floor deck and a flex lower level suited for office or apartment conversion.
      143 South Main Street, Waterbury, VT
      View Details

    FAQs

    What type of property is this?
    Duplex - Remodeled mixed-use duplex with upper 2-bed, 2-bath living and a lower level convertible from office use.
    Where is this duplex located?
    The property is located at 143 S Main Street Waterbury, VT.
    What is the asking price?
    The asking price for this property is $488,800.
    What are key features of this property?
    This property features: Completely renovated mixed‑use duplex with flexible layout: upper unit plus a lower level that was used as a multi‑room office; Upper‑level unit features 2 bedrooms, 2 bathrooms, and a private second‑floor deck; Lower level most recently used as a multi‑room office and could be converted back to a two‑bedroom apartment
    (802) 372-4500
    We can help!
    Listing Contact
    Andrea Champagne
    Andrea Champagne
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    143 S Main Street, Waterbury, VT 05676-1565
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!