Great investment property in Downtown Waterbury with 9% CAP rate. The building features a first floor commercial space with roughly 3,100 SF. There are 15 apartments above with a unit mix of 12 studios, (2) 1 bed and (1) 2 bed unit. The utilities are all owner paid - electric heat & hot water. There is no laundry in the building, no yard and on-street parking only making this asset minimal maintenance and low expenses. Most of the units are renovated with new flooring, fixtures, paint, kitchens and bath rooms. Rents are below market giving the buyer an opportunity for increased cash flow. Great downtown location is close to the Waterbury Green, public transportation, the mall, highway access, UCONN Waterbury and more.
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Listing Snapshot
Price
$1,100,000
Days On Site
8 Days
Bedrooms
N/A
Inside Area (SqFt)
9,384 sqft
Total Baths
15
Full Baths
15
Partial Baths
N/A
Lot Size
0.12 Acres
Year Built
1932
MLS® Number
24105995
Status
Active
Property Tax
$27,527
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
a week ago
Listing updated with changes from the MLS®
a week ago
Listing first seen on site
General Features
Acres
0.12
Additional Property Use
Retail
Foundation
Stone
Number Of Stories
3
Sewer
Public Sewer
SqFt Total
9384
Water Source
Public
Zoning
CG
Interior Features
Cooling
Window Unit(s)
Flooring
VinylWood
Heating
ElectricBaseboard
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Exterior Features
Construction Details
Brick
Lot Features
Corner LotLevel
Listing courtesy of Amanda Faroni-Sheehan of Oxford Realty
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Last checked: 2025-06-30 08:12 AM UTC.
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