7-9 Elm St · Waterbury, VT 05676

$389,000

5 bd · 2.0 ba · 2,726 sqft · MultiFamily · 353 Days on market

Built 1875 8,712 sqft lot $143/sqft · 26% below area Est $528k · 26% under

---

Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.9/10.0
• Schools +5.0/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 1 unit. estimate disagrees with records

Listing remarks MLS

WHERE in Waterbury can you find a house that offers additional living space like this? Whether you choose it as a single family or a multi-family or become and investor and build your real estate portfolio, this is the opportunity right here in the village of Waterbury. SOOO much updating has been done for you. From the roof and gutters to the parking lot and basement. For a brief time, both units will be available to rent so you can set your own monthly fee. It is currently rented below market. Want to live in one and rent the other? Most of your mortgage will be paid for you. You could be the new owner in as little as a month. Enjoy the NQID parade, Fourth of July fireworks, Waterbury Arts Festival, Halloween (Elm and Randall Streets are THE hot spots), Summer outdoor music. All this from your front porch. Some retail use is allowed per recent zoning changes. You could even run a store downstairs and live upstairs for example. This duplex features extensive recent safety and structural updates, including new smoke/CO detectors, GFCIs, railings, bathroom vents, and a newly installed driveway and parking area with drainage. A recent fire and safety inspection has been done and all of the suggestions have been addressed. Upstairs Unit: Offers 6 rooms, including 3 bedrooms and separate living and dining rooms, laundry, plus 318 square feet of finished attic space for clean storage. Downstairs Unit: Remodeled with 5 rooms, including a bonus room, in-unit laundry, two mudrooms, and nearly all new windows. The entire basement has been improved! It's clean as a whistle and insulated. Both units boast private entrances, 9-foot ceilings, large kitchens, and beautiful floors. Tenants enjoy efficient Rinnai propane heat, new electric hot water heaters, separate utilities, and private storage. Conveniently located near I-89, 100, and Rte. 2. Only 30 minutes to Burlington and the airport and 15 minutes to Montpelier and Stowe. Also listed as a duplex in MLS# 5045188.

Key facts

• Separate utilities
• Finished attic space
• Washer dryer hookup

Tags

• FINISHED ATTIC SPACE
• WASHER DRYER HOOKUP
• FINISHED SIDE ENTRY
• PRIVATE ENTRANCES
• PRIVATE STORAGE AREAS
• SEPARATE UTILITIES

🏷️ Possibly a rental listed for sale. The $389,000 price doesn't fit this home's estimated sale value (~$527,640) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 5-bed/2.0-bath multifamily listed at $389k.

Deal economics

• At list price, monthly cash flow is $1k ($13k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($5k rent vs $389k).
• Recommended offer: $342k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 66/100 on livability (#47 in VT) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A-, employment B; Watch: schools D, amenities F, commute F.
• Market conditions: 30 active listings in the ZIP; 185 units permitted in Washington County in 2024 (30 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $12k of value loss. Plan a longer hold.
• Washington County population projected at -19% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $109k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 353 days — a 12% lower offer ($342k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 24y ago; this cycle's ask has dropped $36k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $143k; list at $389k implies a 172% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $460/mo; built in 1875 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $342,320 (12.0% below list)

Questions for the listing agent

1. It's been on market 353 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1875 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.39% ✓
• Cap rate: 11.16%
• Cash-on-cash: 17.38%
• DSCR: 1.77
• GRM: 6.0

CMA / ARV

• ARV (median comp): $527,640
• List price: $389,000
• Delta: -26.28%
• Verdict: UNDERPRICED
• Comps: 14 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 2.0%
• Equity multiple: 1.08×
• Total profit: $8,491
• Equity at exit: $58,001

10-year hold

• IRR: 11.7%
• Equity multiple: 1.92×
• Total profit: $100,505
• Equity at exit: $33,634

Cash invested: $108,920 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 41 Moderately Tenant-Leaning
• State Vermont: 41 Moderately Tenant-Leaning · D+15
• County: — inherits STATE
• City: — inherits STATE

Just-cause in Burlington (2022); strong habitability.

Methodology + full state rankings →

ZIP-level market 05676

• Home prices YoY: -16.7%
• Active inventory: 30
• Price-to-rent: 12.0×

Monthly cashflow live

• Estimated rent: $5,400 medium
• Mortgage (P&I): −$2,040
• Tax est. 1.5%: −$486 /mo · $5,835/yr
• Insurance: −$162
• Flood insurance flood zone: −$460 /mo · $5,525/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,134
• Net cashflow: $1,117

Break-even live

Break-even rent $3,986

Max offer price $389,000

Occupancy floor 74%

2-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 2× units	2	1	$5,400
Total (2 units)			$5,400

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $97,250
• Closing costs: $11,670
• Reserves months: —
• Total cash needed: —

Listing history 19 events

1. 2026-06-01
   status $389,000 Pending 353 DOM
2. 2026-06-01
   days on market $389,000 Active 353 DOM
3. 2026-05-31
   days on market $389,000 Active 352 DOM
4. 2026-05-31
   days on market $389,000 Active 351 DOM
5. 2026-05-12
   price $389,000 1989-char remark

   Show marketing remark (1989 chars)

   WHERE in Waterbury can you find a house that offers additional living space like this? Whether you choose it as a single family or a multi-family or become and investor and build your real estate portfolio, this is the opportunity right here in the village of Waterbury. SOOO much updating has been done for you. From the roof and gutters to the parking lot and basement. For a brief time, both units will be available to rent so you can set your own monthly fee. It is currently rented below market. Want to live in one and rent the other? Most of your mortgage will be paid for you. You could be the new owner in as little as a month. Enjoy the NQID parade, Fourth of July fireworks, Waterbury Arts Festival, Halloween (Elm and Randall Streets are THE hot spots), Summer outdoor music. All this from your front porch. Some retail use is allowed per recent zoning changes. You could even run a store downstairs and live upstairs for example. This duplex features extensive recent safety and structural updates, including new smoke/CO detectors, GFCIs, railings, bathroom vents, and a newly installed driveway and parking area with drainage. A recent fire and safety inspection has been done and all of the suggestions have been addressed. Upstairs Unit: Offers 6 rooms, including 3 bedrooms and separate living and dining rooms, laundry, plus 318 square feet of finished attic space for clean storage. Downstairs Unit: Remodeled with 5 rooms, including a bonus room, in-unit laundry, two mudrooms, and nearly all new windows. The entire basement has been improved! It's clean as a whistle and insulated. Both units boast private entrances, 9-foot ceilings, large kitchens, and beautiful floors. Tenants enjoy efficient Rinnai propane heat, new electric hot water heaters, separate utilities, and private storage. Conveniently located near I-89, 100, and Rte. 2. Only 30 minutes to Burlington and the airport and 15 minutes to Montpelier and Stowe. Also listed as a duplex in MLS# 5045188.

6. 2026-05-12
   price $389,000 1989-char remark

   Show marketing remark (1989 chars)

   WHERE in Waterbury can you find a house that offers additional living space like this? Whether you choose it as a single family or a multi-family or become and investor and build your real estate portfolio, this is the opportunity right here in the village of Waterbury. SOOO much updating has been done for you. From the roof and gutters to the parking lot and basement. For a brief time, both units will be available to rent so you can set your own monthly fee. It is currently rented below market. Want to live in one and rent the other? Most of your mortgage will be paid for you. You could be the new owner in as little as a month. Enjoy the NQID parade, Fourth of July fireworks, Waterbury Arts Festival, Halloween (Elm and Randall Streets are THE hot spots), Summer outdoor music. All this from your front porch. Some retail use is allowed per recent zoning changes. You could even run a store downstairs and live upstairs for example. This duplex features extensive recent safety and structural updates, including new smoke/CO detectors, GFCIs, railings, bathroom vents, and a newly installed driveway and parking area with drainage. A recent fire and safety inspection has been done and all of the suggestions have been addressed. Upstairs Unit: Offers 6 rooms, including 3 bedrooms and separate living and dining rooms, laundry, plus 318 square feet of finished attic space for clean storage. Downstairs Unit: Remodeled with 5 rooms, including a bonus room, in-unit laundry, two mudrooms, and nearly all new windows. The entire basement has been improved! It's clean as a whistle and insulated. Both units boast private entrances, 9-foot ceilings, large kitchens, and beautiful floors. Tenants enjoy efficient Rinnai propane heat, new electric hot water heaters, separate utilities, and private storage. Conveniently located near I-89, 100, and Rte. 2. Only 30 minutes to Burlington and the airport and 15 minutes to Montpelier and Stowe. Also listed as a duplex in MLS# 5045188.

7. 2025-10-12
   price $399,000 1989-char remark

   Show marketing remark (1989 chars)

   WHERE in Waterbury can you find a house that offers additional living space like this? Whether you choose it as a single family or a multi-family or become and investor and build your real estate portfolio, this is the opportunity right here in the village of Waterbury. SOOO much updating has been done for you. From the roof and gutters to the parking lot and basement. For a brief time, both units will be available to rent so you can set your own monthly fee. It is currently rented below market. Want to live in one and rent the other? Most of your mortgage will be paid for you. You could be the new owner in as little as a month. Enjoy the NQID parade, Fourth of July fireworks, Waterbury Arts Festival, Halloween (Elm and Randall Streets are THE hot spots), Summer outdoor music. All this from your front porch. Some retail use is allowed per recent zoning changes. You could even run a store downstairs and live upstairs for example. This duplex features extensive recent safety and structural updates, including new smoke/CO detectors, GFCIs, railings, bathroom vents, and a newly installed driveway and parking area with drainage. A recent fire and safety inspection has been done and all of the suggestions have been addressed. Upstairs Unit: Offers 6 rooms, including 3 bedrooms and separate living and dining rooms, laundry, plus 318 square feet of finished attic space for clean storage. Downstairs Unit: Remodeled with 5 rooms, including a bonus room, in-unit laundry, two mudrooms, and nearly all new windows. The entire basement has been improved! It's clean as a whistle and insulated. Both units boast private entrances, 9-foot ceilings, large kitchens, and beautiful floors. Tenants enjoy efficient Rinnai propane heat, new electric hot water heaters, separate utilities, and private storage. Conveniently located near I-89, 100, and Rte. 2. Only 30 minutes to Burlington and the airport and 15 minutes to Montpelier and Stowe. Also listed as a duplex in MLS# 5045188.

8. 2025-10-03
   price $399,000 1989-char remark

   Show marketing remark (1989 chars)

   WHERE in Waterbury can you find a house that offers additional living space like this? Whether you choose it as a single family or a multi-family or become and investor and build your real estate portfolio, this is the opportunity right here in the village of Waterbury. SOOO much updating has been done for you. From the roof and gutters to the parking lot and basement. For a brief time, both units will be available to rent so you can set your own monthly fee. It is currently rented below market. Want to live in one and rent the other? Most of your mortgage will be paid for you. You could be the new owner in as little as a month. Enjoy the NQID parade, Fourth of July fireworks, Waterbury Arts Festival, Halloween (Elm and Randall Streets are THE hot spots), Summer outdoor music. All this from your front porch. Some retail use is allowed per recent zoning changes. You could even run a store downstairs and live upstairs for example. This duplex features extensive recent safety and structural updates, including new smoke/CO detectors, GFCIs, railings, bathroom vents, and a newly installed driveway and parking area with drainage. A recent fire and safety inspection has been done and all of the suggestions have been addressed. Upstairs Unit: Offers 6 rooms, including 3 bedrooms and separate living and dining rooms, laundry, plus 318 square feet of finished attic space for clean storage. Downstairs Unit: Remodeled with 5 rooms, including a bonus room, in-unit laundry, two mudrooms, and nearly all new windows. The entire basement has been improved! It's clean as a whistle and insulated. Both units boast private entrances, 9-foot ceilings, large kitchens, and beautiful floors. Tenants enjoy efficient Rinnai propane heat, new electric hot water heaters, separate utilities, and private storage. Conveniently located near I-89, 100, and Rte. 2. Only 30 minutes to Burlington and the airport and 15 minutes to Montpelier and Stowe. Also listed as a duplex in MLS# 5045188.

9. 2025-07-31
   status Active 1989-char remark

   Show marketing remark (1989 chars)

   WHERE in Waterbury can you find a house that offers additional living space like this? Whether you choose it as a single family or a multi-family or become and investor and build your real estate portfolio, this is the opportunity right here in the village of Waterbury. SOOO much updating has been done for you. From the roof and gutters to the parking lot and basement. For a brief time, both units will be available to rent so you can set your own monthly fee. It is currently rented below market. Want to live in one and rent the other? Most of your mortgage will be paid for you. You could be the new owner in as little as a month. Enjoy the NQID parade, Fourth of July fireworks, Waterbury Arts Festival, Halloween (Elm and Randall Streets are THE hot spots), Summer outdoor music. All this from your front porch. Some retail use is allowed per recent zoning changes. You could even run a store downstairs and live upstairs for example. This duplex features extensive recent safety and structural updates, including new smoke/CO detectors, GFCIs, railings, bathroom vents, and a newly installed driveway and parking area with drainage. A recent fire and safety inspection has been done and all of the suggestions have been addressed. Upstairs Unit: Offers 6 rooms, including 3 bedrooms and separate living and dining rooms, laundry, plus 318 square feet of finished attic space for clean storage. Downstairs Unit: Remodeled with 5 rooms, including a bonus room, in-unit laundry, two mudrooms, and nearly all new windows. The entire basement has been improved! It's clean as a whistle and insulated. Both units boast private entrances, 9-foot ceilings, large kitchens, and beautiful floors. Tenants enjoy efficient Rinnai propane heat, new electric hot water heaters, separate utilities, and private storage. Conveniently located near I-89, 100, and Rte. 2. Only 30 minutes to Burlington and the airport and 15 minutes to Montpelier and Stowe. Also listed as a duplex in MLS# 5045188.

10. 2025-07-31
    status Active 1989-char remark

    Show marketing remark (1989 chars)

    WHERE in Waterbury can you find a house that offers additional living space like this? Whether you choose it as a single family or a multi-family or become and investor and build your real estate portfolio, this is the opportunity right here in the village of Waterbury. SOOO much updating has been done for you. From the roof and gutters to the parking lot and basement. For a brief time, both units will be available to rent so you can set your own monthly fee. It is currently rented below market. Want to live in one and rent the other? Most of your mortgage will be paid for you. You could be the new owner in as little as a month. Enjoy the NQID parade, Fourth of July fireworks, Waterbury Arts Festival, Halloween (Elm and Randall Streets are THE hot spots), Summer outdoor music. All this from your front porch. Some retail use is allowed per recent zoning changes. You could even run a store downstairs and live upstairs for example. This duplex features extensive recent safety and structural updates, including new smoke/CO detectors, GFCIs, railings, bathroom vents, and a newly installed driveway and parking area with drainage. A recent fire and safety inspection has been done and all of the suggestions have been addressed. Upstairs Unit: Offers 6 rooms, including 3 bedrooms and separate living and dining rooms, laundry, plus 318 square feet of finished attic space for clean storage. Downstairs Unit: Remodeled with 5 rooms, including a bonus room, in-unit laundry, two mudrooms, and nearly all new windows. The entire basement has been improved! It's clean as a whistle and insulated. Both units boast private entrances, 9-foot ceilings, large kitchens, and beautiful floors. Tenants enjoy efficient Rinnai propane heat, new electric hot water heaters, separate utilities, and private storage. Conveniently located near I-89, 100, and Rte. 2. Only 30 minutes to Burlington and the airport and 15 minutes to Montpelier and Stowe. Also listed as a duplex in MLS# 5045188.

11. 2025-07-10
    historical Active with Contract 1989-char remark

    Show marketing remark (1989 chars)

    WHERE in Waterbury can you find a house that offers additional living space like this? Whether you choose it as a single family or a multi-family or become and investor and build your real estate portfolio, this is the opportunity right here in the village of Waterbury. SOOO much updating has been done for you. From the roof and gutters to the parking lot and basement. For a brief time, both units will be available to rent so you can set your own monthly fee. It is currently rented below market. Want to live in one and rent the other? Most of your mortgage will be paid for you. You could be the new owner in as little as a month. Enjoy the NQID parade, Fourth of July fireworks, Waterbury Arts Festival, Halloween (Elm and Randall Streets are THE hot spots), Summer outdoor music. All this from your front porch. Some retail use is allowed per recent zoning changes. You could even run a store downstairs and live upstairs for example. This duplex features extensive recent safety and structural updates, including new smoke/CO detectors, GFCIs, railings, bathroom vents, and a newly installed driveway and parking area with drainage. A recent fire and safety inspection has been done and all of the suggestions have been addressed. Upstairs Unit: Offers 6 rooms, including 3 bedrooms and separate living and dining rooms, laundry, plus 318 square feet of finished attic space for clean storage. Downstairs Unit: Remodeled with 5 rooms, including a bonus room, in-unit laundry, two mudrooms, and nearly all new windows. The entire basement has been improved! It's clean as a whistle and insulated. Both units boast private entrances, 9-foot ceilings, large kitchens, and beautiful floors. Tenants enjoy efficient Rinnai propane heat, new electric hot water heaters, separate utilities, and private storage. Conveniently located near I-89, 100, and Rte. 2. Only 30 minutes to Burlington and the airport and 15 minutes to Montpelier and Stowe. Also listed as a duplex in MLS# 5045188.

12. 2025-07-10
    historical Active with Contract 1989-char remark

    Show marketing remark (1989 chars)

    WHERE in Waterbury can you find a house that offers additional living space like this? Whether you choose it as a single family or a multi-family or become and investor and build your real estate portfolio, this is the opportunity right here in the village of Waterbury. SOOO much updating has been done for you. From the roof and gutters to the parking lot and basement. For a brief time, both units will be available to rent so you can set your own monthly fee. It is currently rented below market. Want to live in one and rent the other? Most of your mortgage will be paid for you. You could be the new owner in as little as a month. Enjoy the NQID parade, Fourth of July fireworks, Waterbury Arts Festival, Halloween (Elm and Randall Streets are THE hot spots), Summer outdoor music. All this from your front porch. Some retail use is allowed per recent zoning changes. You could even run a store downstairs and live upstairs for example. This duplex features extensive recent safety and structural updates, including new smoke/CO detectors, GFCIs, railings, bathroom vents, and a newly installed driveway and parking area with drainage. A recent fire and safety inspection has been done and all of the suggestions have been addressed. Upstairs Unit: Offers 6 rooms, including 3 bedrooms and separate living and dining rooms, laundry, plus 318 square feet of finished attic space for clean storage. Downstairs Unit: Remodeled with 5 rooms, including a bonus room, in-unit laundry, two mudrooms, and nearly all new windows. The entire basement has been improved! It's clean as a whistle and insulated. Both units boast private entrances, 9-foot ceilings, large kitchens, and beautiful floors. Tenants enjoy efficient Rinnai propane heat, new electric hot water heaters, separate utilities, and private storage. Conveniently located near I-89, 100, and Rte. 2. Only 30 minutes to Burlington and the airport and 15 minutes to Montpelier and Stowe. Also listed as a duplex in MLS# 5045188.

13. 2025-06-13
    listed $425,000 Active 1989-char remark

    Show marketing remark (1989 chars)

    WHERE in Waterbury can you find a house that offers additional living space like this? Whether you choose it as a single family or a multi-family or become and investor and build your real estate portfolio, this is the opportunity right here in the village of Waterbury. SOOO much updating has been done for you. From the roof and gutters to the parking lot and basement. For a brief time, both units will be available to rent so you can set your own monthly fee. It is currently rented below market. Want to live in one and rent the other? Most of your mortgage will be paid for you. You could be the new owner in as little as a month. Enjoy the NQID parade, Fourth of July fireworks, Waterbury Arts Festival, Halloween (Elm and Randall Streets are THE hot spots), Summer outdoor music. All this from your front porch. Some retail use is allowed per recent zoning changes. You could even run a store downstairs and live upstairs for example. This duplex features extensive recent safety and structural updates, including new smoke/CO detectors, GFCIs, railings, bathroom vents, and a newly installed driveway and parking area with drainage. A recent fire and safety inspection has been done and all of the suggestions have been addressed. Upstairs Unit: Offers 6 rooms, including 3 bedrooms and separate living and dining rooms, laundry, plus 318 square feet of finished attic space for clean storage. Downstairs Unit: Remodeled with 5 rooms, including a bonus room, in-unit laundry, two mudrooms, and nearly all new windows. The entire basement has been improved! It's clean as a whistle and insulated. Both units boast private entrances, 9-foot ceilings, large kitchens, and beautiful floors. Tenants enjoy efficient Rinnai propane heat, new electric hot water heaters, separate utilities, and private storage. Conveniently located near I-89, 100, and Rte. 2. Only 30 minutes to Burlington and the airport and 15 minutes to Montpelier and Stowe. Also listed as a duplex in MLS# 5045188.

14. 2025-06-06
    listed $425,000 Active 1989-char remark

    Show marketing remark (1989 chars)

    WHERE in Waterbury can you find a house that offers additional living space like this? Whether you choose it as a single family or a multi-family or become and investor and build your real estate portfolio, this is the opportunity right here in the village of Waterbury. SOOO much updating has been done for you. From the roof and gutters to the parking lot and basement. For a brief time, both units will be available to rent so you can set your own monthly fee. It is currently rented below market. Want to live in one and rent the other? Most of your mortgage will be paid for you. You could be the new owner in as little as a month. Enjoy the NQID parade, Fourth of July fireworks, Waterbury Arts Festival, Halloween (Elm and Randall Streets are THE hot spots), Summer outdoor music. All this from your front porch. Some retail use is allowed per recent zoning changes. You could even run a store downstairs and live upstairs for example. This duplex features extensive recent safety and structural updates, including new smoke/CO detectors, GFCIs, railings, bathroom vents, and a newly installed driveway and parking area with drainage. A recent fire and safety inspection has been done and all of the suggestions have been addressed. Upstairs Unit: Offers 6 rooms, including 3 bedrooms and separate living and dining rooms, laundry, plus 318 square feet of finished attic space for clean storage. Downstairs Unit: Remodeled with 5 rooms, including a bonus room, in-unit laundry, two mudrooms, and nearly all new windows. The entire basement has been improved! It's clean as a whistle and insulated. Both units boast private entrances, 9-foot ceilings, large kitchens, and beautiful floors. Tenants enjoy efficient Rinnai propane heat, new electric hot water heaters, separate utilities, and private storage. Conveniently located near I-89, 100, and Rte. 2. Only 30 minutes to Burlington and the airport and 15 minutes to Montpelier and Stowe. Also listed as a duplex in MLS# 5045188.

15. 2003-02-07
    soldstatus $143,000
16. 2003-02-07
    soldstatus $143,000
17. 2002-12-09
    historical
18. 2002-10-11
    listed $151,000
19. 2002-10-11
    listed $151,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 10/10 Extreme FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥91°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 4% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $64,800
• − Mortgage interest: −$21,790
• − Property taxes: −$5,835
• − Insurance: −$7,470
• − Repairs & maintenance: −$5,184
• − Management: −$5,184
• − Depreciation: −$11,316
• Taxable income: $8,021
• Est. tax owed @ 24.0%: −$1,925
• After-tax cash flow: $11,483/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

No district data.

Livability — Waterbury

• Score: 66/100
• State rank: #47
• US rank: #11502

Category grades

Amenities F Commute F Cost of living C+ Crime A+ Employment B Housing A- Health & safety D- User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Waterbury, VT
• Population (ZIP): 4,894

Population outlook (Washington County) Hauer SSP2

• Today (2025): 56,608 people
• By 2030: 54,731 · -3.3%
• By 2040: 50,227 · -11.3%
• By 2050: 45,893 · -18.9%
• By 2075: 36,818 · -35.0%
• By 2100: 28,143 · -50.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (94%)
• Race & ethnicity: White 94% Two or more races 3% Hispanic / Latino 1%
• Common ancestry: Lithuanian 11% Slovak 8% Romanian 6%
• Foreign-born: 3% · Canada
• Languages at home: 98% English-only · Spanish 2%

Political lean MEDSL · Washington

• 2024 margin: Solid D (+43.4) · D 70.0% · R 26.6% · Other 3.4%
• 2008→2024 swing: +2.4pp toward D · 2008: 41.0pp · 2024: 43.4pp
• All cycles: 2024: D+43.4 2020: D+46.1 2016: D+37.0 2012: D+42.2 2008: D+41.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -72.50%
• Current HPI: 361.6622
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

+157.6% since first listed

15 events — show timeline

• 2026-05-12 Price Changed $389,000 PrimeMLS
• 2026-05-12 Price Changed $389,000 PrimeMLS
• 2025-10-12 Price Changed $399,000 PrimeMLS
• 2025-10-03 Price Changed $399,000 PrimeMLS
• 2025-07-31 Relisted — PrimeMLS
• 2025-07-31 Relisted — PrimeMLS
• 2025-07-10 Contingent — PrimeMLS
• 2025-07-10 Contingent — PrimeMLS
• 2025-06-13 Listed $425,000 PrimeMLS
• 2025-06-06 Listed $425,000 PrimeMLS
• 2003-02-07 Sold (MLS) $143,000 PrimeMLS
• 2003-02-07 Sold (MLS) $143,000 PrimeMLS
• 2002-12-09 Delisted — PrimeMLS
• 2002-10-11 Listed $151,000 PrimeMLS
• 2002-10-11 Listed $151,000 PrimeMLS