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Updated 3-Unit Multifamily Property
For Sale
$395,000
Pending

17 Elm St, Waterbury, VT 05676

Three well-maintained apartments with recent renovations, a new roof, and ample off-street parking on a large lot.

Property SizeContact for details
Days on Market49

Property Features for 17 Elm St

General Information

Standard status Pending
Property subtype Investment

Additional Details

Business Included Yes
Multifamily Units 3

Building Details

Year Built 1900
Year Renovated 2023
Units 3
Listing Agency:
Listed By: Lisa Meyer
Source: Elliman
Added: Jul 4 Changed: Aug 8 Last Checked: Jul 23 at 11:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lisa Meyer

Investment Insights

Based on property information with market context.

This well-maintained 3-unit multifamily property includes one spacious 2-bedroom apartment and two 1-bedroom apartments. The first-floor 2-bedroom unit was completely gutted and remodeled in 2023, and it provides exclusive access to the full unfinished basement for storage and washer/dryer hookup. Recent capital improvements include a new roof installed in 2025, along with relocation of utility systems to the upper level to support flood resilience, with water heaters remaining in the basement.

The property is situated on a large lot with a generous yard and ample off-street parking for tenants and guests. It is described as being in the heart of Waterbury and within a short walk of downtown amenities, including restaurants, shops, parks, schools, and other local services.

The unit mix is designed to fit a range of ownership goals, whether you plan to occupy one unit while collecting rent or add a renovated income property to your portfolio. With the 2023 remodel, 2025 roof replacement, dedicated basement access in the 2-bedroom unit, and on-site parking, the building is positioned for straightforward day-to-day management.

Key Highlights

  • 3‑unit multifamily property built in 1900 with one 2‑bedroom apartment and two 1‑bedroom apartments
  • First‑floor 2‑bedroom unit was completely gutted and remodeled in 2023, with exclusive access to the full unfinished basement
  • Unfinished basement includes washer/dryer hookup and provides additional storage for the first‑floor unit

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Auto Parts Store Plumbing Service Auto Repair Shop Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

463
Businesses Nearby

Demographics for 05676, VT

5,190
Population
2,381
Households
2.2
Avg Household Size
41
Median Age
53%
College-Educated
98%
High-School Grad
93.8 sq mi
ZIP Area
55
Density / Sq Mi
$91,488
Median Household Income
$53,064
Median Earnings
$1,083
Median Rent
$347,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three well-maintained apartments with recent renovations, a new roof, and ample off-street parking on a large lot.
Where is this triplex located?
The property is located at 17 Elm St Waterbury, VT.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 3‑unit multifamily property built in 1900 with one 2‑bedroom apartment and two 1‑bedroom apartments; First‑floor 2‑bedroom unit was completely gutted and remodeled in 2023, with exclusive access to the full unfinished basement; Unfinished basement includes washer/dryer hookup and provides additional storage for the first‑floor unit
More about this property
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