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7 park Street, Waterbury, VT, 05672 | $399,000
Prime Downtown Location Meets Exceptional Mixed-Use & Investment Potential! Welcome to this classic multi-family building perfectly situated on Park Street in the vibrant heart of Waterbury, VT. Featuring front-row, panoramic views of Rusty Parker Memorial Park, this rare 3-unit property blends iconic Vermont charm with powerful, modernized, development potential. Take full advantage of Waterbury’s newly adopted Unified Development Bylaws, which intentionally clear the path for small-scale mixed-use conversions, increased unit density, and expanded lot coverage. Whether your vision includes converting a portion of the building into a premium street-facing retail space, a boutique office, or expanding the existing residential footprint, the town's flexible new framework makes it easier than ever to maximize your return on investment. Step out your front door to enjoy weekly summer farmers' markets, community concerts, and festivals right across the street. Tenants and patrons alike will love being steps from Waterbury's legendary dining scene, and craft breweries. Commuters and outdoor enthusiasts benefit from immediate access to Interstate 89, putting world-class skiing and mountain biking trailhead just minutes away. With a historically low vacancy rate in Central Vermont and progressive new zoning in place, this property promises cash flow alongside unmatched future upside. Don't miss your chance to own a piece of Waterbury's most dynamic and adaptable streetscape!
Features
- Baths: 3 full
- Units: 3
- Style: Apartment Building
- Year Built: 1910
- Heating: Propane,Direct Vent,Hot Air,Wall Furnace
- Cooling: None
- Basement: Dirt Floor,Sump Pump,Basement Stairs
- Approx Sq. Feet: 2,924
- Acreage: 0.08
- Est. Taxes: $6,147
- Lot Desc: Corner,In Town,Neighborhood,Near Public Transport
- MLS#: 5098043
- Website: https://www.raveis.com
/prop/5098043/7parkstreet_waterbury_vt?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/3/2026Listing courtesy of Vermont Life Realtors Phone: 802-310-9077
Listing Agent: Craig Santenello
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Joel FanjoyRegional SVP Insurance Sales, William Raveis Insurance
617.320.5687
Joel.Fanjoy@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
7 park Street, Waterbury, VT, 05672
$399,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $319,200 | $319,200 | $319,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.952% |
| Monthly Tax Payment | $512 | $512 | $512 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,912 | $2,015 | $2,651 |
| Total Monthly Payment | $2,499 | $2,602 | $3,238 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484