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45 High Street 45 High St 9 Unit Apartment Building $2,750,000 ($305,556/Unit) Waterbury, VT 05676



Executive Summary
A rare opportunity to acquire a newly constructed 9-unit multi-family investment property in the vibrant town of Waterbury—one of Central Vermont’s most desirable and fast-growing communities. Ideally located between Burlington and Stowe, Waterbury is known for its thriving local economy, outdoor recreation, and renowned food and craft beverage scene, attracting residents seeking both lifestyle and accessibility.
The property offers 8,319± square feet of finished space, with the offering also including 2,762± square feet of basement space, providing additional utility and tenant storage. The building consists of six 1-bedroom units and three 2-bedroom units, complemented by three dedicated storage units, and delivers strong in-place performance with NOIexceeding $170,000. With modern construction, efficient unit mix, and location in a highly sought-after rental market, this asset presents a compelling turnkey investment opportunity in the heart of Central Vermont.
The property offers 8,319± square feet of finished space, with the offering also including 2,762± square feet of basement space, providing additional utility and tenant storage. The building consists of six 1-bedroom units and three 2-bedroom units, complemented by three dedicated storage units, and delivers strong in-place performance with NOIexceeding $170,000. With modern construction, efficient unit mix, and location in a highly sought-after rental market, this asset presents a compelling turnkey investment opportunity in the heart of Central Vermont.
Property Facts
| Price | $2,750,000 | Building Class | C |
| Price Per Unit | $305,556 | Lot Size | 0.64 AC |
| Sale Type | Investment | Building Size | 8,319 SF |
| No. Units | 9 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2026 |
| Property Subtype | Apartment | ||
| Zoning | C | ||
| Price | $2,750,000 |
| Price Per Unit | $305,556 |
| Sale Type | Investment |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.64 AC |
| Building Size | 8,319 SF |
| No. Stories | 3 |
| Year Built | 2026 |
| Zoning | C |
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 696-221-11954 | Improvements Assessment | $645,000 |
| Land Assessment | $68,400 | Total Assessment | $713,400 |
Property Taxes
Parcel Number
696-221-11954
Land Assessment
$68,400
Improvements Assessment
$645,000
Total Assessment
$713,400
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45 High Street | 45 High St
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