74 Tracy Avenue, Waterbury, CT 06706
$365,000
Est. payment /mo
$349,900
4.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

6 Beds
3 Baths
3,160 SqFt
SOLD DATE : 09/08/2022

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

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by Justin Cabral • West View Properties, LLC
Bought with Jason El-Eid • Cedar Land Realty, LLC

Nearby Locations

GET MORE INFORMATION

Dawn Cabral

Dawn Cabral

Owner/Broker

+1(203) 228-7564

Name
Phone*
Message