This is an opportunity to own a 3-family with 12+% CAP rate + 29+% ROI. Each apartment is 2 bed/1 bath. There are washer/dryer hook-ups and some unit updates throughout (kitchens, baths. The siding, windows and roof are in average condition. Utilities are separate and tenant paid - with updated electrical to circuit breakers. Heat, hot water and cooking are electric. There are a couple off-street parking spaces available. Value add = update units + increase rents for a 14+% CAP rate. This is a low maintenance option to start investing or to add to your portfolio. This property can be purchased with additional assets in Waterbury.
Off market
Zestimate®
$341,400
132 Griggs St, Waterbury, CT 06704
6beds
2,665sqft
MultiFamily
Built in 1898
-- sqft lot
$341,400 Zestimate®
$128/sqft
$2,126 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Gas
Cooling
- None
Appliances
- Included: Washer
- Laundry: Washer/Dryer Some Units
Features
- Windows: Thermopane Windows
- Basement: Unfinished, Full
- Attic: Crawl Space
Interior area
- Total interior livable area: 2,665 sqft
Property
Parking
- Parking features: Off-street
Features
- Patio & porch: Porch
- Exterior features: Vinyl
- Waterfront features: Not Applicable
Lot
- Size: 5,662 sqft
Details
- Parcel number: WATEM0219B0195L0051
- Zoning: RM
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1898
Utilities & green energy
- Sewer: Public Sewer
- Water: Public Water Connected
Community & neighborhood
Location
- Region: Waterbury
HOA & financial
Other financial information
- Total actual rent: 139900
Other
Other facts
- Sewer: Public Sewer
- Heating: Baseboard, Natural Gas
- Roof: Asphalt
- Basement: Unfinished, Full
- Zoning: RM
- AssociationYN: 0
- HeatingYN: true
- ExteriorFeatures: Awning(s)
- NumberOfUnitsTotal: 3
- ConstructionMaterials: Frame, Vinyl Siding
- CurrentFinancing: Other
- Cooling: Window Unit(s)
- NumberOfUnitsInCommunity: 3
- GrossIncome: 27600
- FoundationDetails: Stone, Masonry
- PatioAndPorchFeatures: Porch
- ParkingFeatures: Off Street
- CommunityFeatures: Park, Walk to Bus Lines, Public Transportation, Public Rec Facilities, Commuter Bus
- YearBuiltSource: Public Records
- Attic: Crawl Space
- WindowFeatures: Thermopane Windows
- WaterSource: Public Water Connected
- TotalActualRent: 139900.00
- WaterfrontFeatures: Not Applicable
- ArchitecturalStyle: Units on different Floors
- LaundryFeatures: Washer/Dryer Some Units
- MlsStatus: Show
- NetOperatingIncome: 17387
- OperatingExpense: 8833
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$341,400
2% more+$6,828
With Zillow Showcase(estimated)$348,228