This is an opportunity to invest OR owner occupy a turn key 3-family with 10+% CAP rate + 18+% ROI. There are (3 larger, 3 bed/1 bath apartments with approx.. 1,080 SF. The siding, roof, windows and various unit renovations are all updated and in good condition. Utilities are separate and tenant paid - with some updated electrical to circuit breakers. Heat, hot water and cooking are gas and electric. There is off-street parking available. Value add play = increase rents for a 13.5+% CAP rate. 1st floor needs to be renovated prior to re-renting. This is a low maintenance option to owner occupy, start investing or to add to your portfolio. *This property can be purchased with a 4 unit next door + other multifamily assets in Waterbury.
Off market
$388,700
24 2nd Ave, Waterbury, CT 06710
9beds
3,250sqft
MultiFamily
Built in 1909
-- sqft lot
$388,700 Zestimate®
$120/sqft
$1,720 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Electric, Gas
Cooling
- None
Appliances
- Included: Washer
- Laundry: All Units Have Hook-Ups
Features
- Flooring: Hardwood
- Windows: Thermopane Windows
- Basement: Unfinished, Full
- Attic: Finished, Crawl Space
Interior area
- Total interior livable area: 3,250 sqft
Property
Parking
- Parking features: Off-street
Features
- Patio & porch: Porch
- Exterior features: Vinyl
- Waterfront features: Not Applicable
Lot
- Size: 4,356 sqft
Details
- Parcel number: WATEM0254B0158L0017
- Zoning: RM
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 3updown - Unit(s) per Floor
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1909
Utilities & green energy
- Sewer: Public Sewer
- Water: Public Water Connected
Community & neighborhood
Location
- Region: Waterbury
HOA & financial
Other financial information
- Total actual rent: 159900
Other
Other facts
- Sewer: Public Sewer
- Heating: Baseboard, Electric, Natural Gas
- Roof: Asphalt
- Basement: Unfinished, Full
- Zoning: RM
- AssociationYN: 0
- HeatingYN: true
- NumberOfUnitsTotal: 3
- ConstructionMaterials: Frame, Vinyl Siding
- NumberOfUnitsInCommunity: 4
- Cooling: Window Unit(s)
- ParkingFeatures: Driveway, Off Street, Paved
- GrossIncome: 27000
- PatioAndPorchFeatures: Porch
- Attic: Finished, Crawl Space
- YearBuiltSource: Public Records
- WindowFeatures: Thermopane Windows
- FoundationDetails: Concrete
- WaterSource: Public Water Connected
- WaterfrontFeatures: Not Applicable
- CommunityFeatures: Walk to Bus Lines, Public Transportation, Commuter Bus
- TotalActualRent: 159900.00
- ArchitecturalStyle: 3updown - Unit(s) per Floor
- LaundryFeatures: All Units Have Hook-Ups
- MlsStatus: Show
- NetOperatingIncome: 16306
- OperatingExpense: 9347
Services availability

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