Large, turn-key, Town Plot three-family available with an 8.5+% CAP rate. The building is in great shape and has vinyl siding, replacement windows, beautiful curb appeal + roof and porches are in good condition. There are (3 large, 3 bed/1 bath apartments with approx. 1,100 SF each. There are various interior unit updates throughout. The property is 100% occupied by tenants. The electric is updated + tenants pay their own utilities. There is off-street parking in the rear + a 3 car-detached garage. Great opportunity to invest in a turn key asset in Town Plot (no owner occupy The owner is willing to stay on as management. It can also be purchased as part of a larger portfolio.
Off market
$489,700
219 Alder St, Waterbury, CT 06708
9beds
3,483sqft
3 Family
Built in 1924
-- sqft lot
$489,700 Zestimate®
$141/sqft
$2,093 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Gas
Interior area
- Total interior livable area: 3,483 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage - Attached, Garage - Detached
Features
- Exterior features: Other
Lot
- Size: 7,840 sqft
Details
- Parcel number: WATEM0342B0675L0060
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1924
Utilities & green energy
- Water: Public Water Connected
Community & neighborhood
Location
- Region: Waterbury
Other
Other facts
- Attic YN: 0
- Direct Waterfront YN: 0
- Driveway Type: Asphalt, Private
- Exterior Features: Sidewalk, Porch
- Style: Units on different Floors
- Exterior Siding: Vinyl Siding
- Heat Fuel Type: Natural Gas
- Hot Water Description: Natural Gas
- Fuel Tank Location: Non Applicable
- Heat Type: Baseboard
- Property Sub Type: 3 Family
- Property Type: Multi-Family For Sale
- Sewage System: Public Sewer Connected
- Water Source: Public Water Connected
- Basement Description: Unfinished, Full
- Energy Features: Thermopane Windows
- Nearby Amenities: Walk to Bus Lines, Commuter Bus, Shopping/Mall, Public Transportation, Park, Public Pool
- Swimming Pool YN: 0
- Cooling System: Window Unit
- Home Warranty Offered YN: 0
- Flood Zone YN: 0
- Construction Description: Frame
- Roof Information: Asphalt Shingle
- Foundation Type: Stone, Masonry
- Waterfront Description: Not Applicable
- Gross Annual Income: 31200
- Property Tax: 5749
- Tax Year: July 2018-June 2019
- Assessed Value: 95490
- Gross Annual Expense: 10134
Services availability

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