See all 24 photos
24 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$750,000
Est. payment /mo
12 Beds
6 Baths
4,800 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Active
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $156
MLS Listing ID 24191017
Style Units on different Floors,Units are Side-by-Side
Bedrooms 12
Full Baths 6
Year Built 1920
Annual Tax Amount $10,243
Lot Size 3,049 Sqft
Property Sub-Type 5 Family+
Property Description
Not your average multifamily! This fully renovated 6-unit investment property has been extensively upgraded with quality improvements rarely found in comparable assets. The building is 100% occupied, offering immediate cash flow, and consists of (6) spacious 2-bed, 1-bath apartments, each approx.. 800 SF. Current rents are below market, providing an excellent value-add opportunity through future rent adjustments. Each apartment has been nicely updated with white cabinetry, durable laminate flooring, updated appliances and fixtures, vinyl replacement windows, fire-rated entry doors, and keyless entry systems with remote owner access. Major mechanical improvements include high-efficiency combi boilers, backup boilers and tankless water heaters for added reliability, plus a smart water meter with automatic leak detection and shutoff to help minimize maintenance concerns. Additional building enhancements include roof approx. 4yrs old, basement sprinkler systems, LED motion-sensor lighting throughout the common areas, security system, and a fire/emergency alarm system with a direct connection to the Fire Department. A coin/card-operated laundry room provides an additional source of income. Conveniently located with easy access to shopping, restaurants, public transportation, Downtown Waterbury, Route 8, and I-84. An exceptional turnkey investment offering strong in-place income, minimal deferred maintenance, and long-term upside. Can be purchased with multiple other buildings.
Location
State CT
County New Haven
Zoning RM
Rooms
Basement Full, Unfinished
Interior
Heating Baseboard, Hot Air, Hot Water
Cooling Window Unit
Exterior
Exterior Feature Sidewalk, Porch, Gutters, Lighting
Waterfront Description Not Applicable
Roof Type Flat
Building
Lot Description Level Lot
Foundation Masonry, Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Read Less Info
Listed by Amanda Faroni-Sheehan • Oxford Realty
Nearby Locations
GET MORE INFORMATION