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Key Details
Sold Price $365,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,160 sqft
Price per Sqft $115
MLS Listing ID 170506590
Sold Date 09/08/22
Style Units on different Floors
Bedrooms 6
Full Baths 3
Year Built 1928
Annual Tax Amount $5,851
Lot Size 10,018 Sqft
Property Sub-Type 3 Family
Property Description
ATTENTION INVESTORS!! Now is your chance to own a meticulously maintained three-family in the Hopeville section of Waterbury. The property was updated with 72 new thermopane windows, a newer roof, and maintenance-free vinyl siding. All three of the property's units have 2 bedrooms and a full bath, with beautiful woodwork throughout. The property features a detached three-car garage with electric openers, which can be rented out separately for additional income. All three units have separate electric and heating, with one water bill for all three. Currently, the property is owner and tenant-occupied, with one unit vacant. The rent is significantly below market rates. If the property was updated to market-rate rents, and the garages rented out separately, the property boasts an impressive 9.10% CAP rate based on current expenses. It is very hard to find a property as well kept, that will CASHFLOW as much as this one! Property is located in an opportunity zone, giving it great tax benefits. Potential Gross Income of *$46,800*. The second floor is viewable upon a second showing.
Location
State CT
County New Haven
Zoning RL
Rooms
Basement Full
Interior
Heating Baseboard, Radiator
Cooling Central Air
Exterior
Exterior Feature Gutters, Patio, Porch, Porch-Enclosed, Underground Sprinkler
Parking Features Detached Garage
Garage Spaces 3.0
Waterfront Description Not Applicable
Roof Type Asphalt Shingle,Other
Building
Lot Description Corner Lot, Level Lot
Foundation Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
Middle Schools Per Board Of Ed
High Schools Per Board Of Ed
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Bought with Jason El-Eid • Cedar Land Realty, LLC
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