This is an opportunity to own a 3-family property with 11+% CAP rate + 24+% ROI. All apartments are 2 bed/1 bath and are 100% occupied with tenants. There are washer/dryer hook-ups and some updates throughout. The siding, windows and roof are in average condition. Utilities are separate and tenant paid - with updated electrical to circuit breakers. Heat and hot water are gas. There is a driveway + off-street parking available. Value add = update units + increase rents = 16+% CAP proforma. This is a good way to start investing or to add to your portfolio. This property can be purchased with other multi's and investments in Waterbury.
Off market
$351,200
15 Hickory St, Waterbury, CT 06706
6beds
2,363sqft
MultiFamily
Built in 1900
-- sqft lot
$351,200 Zestimate®
$149/sqft
$1,954 Estimated rent
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
- Attic: Crawl Space
Interior area
- Total interior livable area: 2,363 sqft
Property
Parking
- Parking features: Off-street
Features
- Patio & porch: Porch
- Exterior features: Other
- Waterfront features: Not Applicable
Lot
- Size: 6,534 sqft
- Features: Level
Details
- Parcel number: WATEM0369B0298L0043
- Zoning: RH
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public Water Connected
Community & neighborhood
Location
- Region: Waterbury
HOA & financial
Other financial information
- Total actual rent: 129900
Other
Other facts
- Sewer: Public Sewer
- Heating: Baseboard, Natural Gas
- Roof: Asphalt
- Basement: Unfinished, Full
- Zoning: RH
- AssociationYN: 0
- HeatingYN: true
- NumberOfUnitsTotal: 3
- ConstructionMaterials: Frame, Other
- GrossIncome: 24000
- CurrentFinancing: Conventional
- LotFeatures: Level
- Cooling: Window Unit(s)
- NumberOfUnitsInCommunity: 3
- FoundationDetails: Stone, Masonry
- ParkingFeatures: Driveway, Off Street, Paved
- PatioAndPorchFeatures: Porch
- 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
- WaterfrontFeatures: Not Applicable
- TotalActualRent: 129900.00
- ArchitecturalStyle: Units on different Floors
- LaundryFeatures: Washer/Dryer Some Units
- MlsStatus: Show
- NetOperatingIncome: 14575
- OperatingExpense: 8225
- TaxAnnualAmount: 2785
Services availability
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.