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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

    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.

    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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