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  • $495,000

    1215 Bank Street, Waterbury, CT 06708

    11beds
    3,182sqft
    Multi Family
    Built in 1890
    -- sqft lot
    $-- Zestimate®
    $156/sqft
    $1,646 Estimated rent

    What's special

    Great turn-key investment opportunity available to both primary homeowners, as well as investors. This 4-family property has a very strong rent roll and a vacant unit available for primary homeowners. This property yields a 22% return at full market values, amounting to a yearly net cash flow of $39,000. There are three 3-bedroom units and one 2-bedroom unit. The high bedroom counts provide significant upside in lease up. Three of the four units have undergone substantial renovations over the last 2 years. The property also features updated electric panels, newer mechanicals, off-street parking, and a BRAND NEW ROOF, with tenant paid utilities. FHA eligible.

    Zillow last checked: 7 hours ago

    Listing updated: December 14, 2024 at 10:53am

    Listed by:

    Anthony Velez,

    Realty Exclusive LLC

    Bought with:

    Christopher Germosen, RES.0830851

    King Realty Group LLC

    Source: Smart MLS,MLS#: 24055812MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Hot Water, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Water Heater
    Features
    • Basement: Full,Concrete
    • Attic: None
    • Has fireplace: No
    Interior area
    • Total structure area: 3,182
    • Total interior livable area: 3,182 sqft
    • Finished area above ground: 3,182

    Property

    Parking
    • Parking features: None
    Lot
    • Size: 7,840 sqft
    Details
    • Parcel number: 1391781
    • Zoning: RM

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: 4updown - Unit(s) per Floor
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Vinyl Siding
    • Foundation: Block
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1890

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Waterbury
    • Subdivision: Town Plot
    Services availability
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    An equal housing lender. NMLS #10287.