241 Lincoln St, Waterbury, CT 06710

Investors take notice Opportunity to own a nice six-unit investment property in the Waterville area of Waterbury off Thomaston Ave. This property has been well maintained and updated over the last few years - with newer windows, vinyl siding and rear porches. The unit mix consists of: (4 1 bed units and (2 2 bed units. It is currently 100% occupied by tenants. There are various unit updates throughout - hardwood floors, fixtures, kitchens and baths + good size units. Each apartment has a washer/dryer hook-up. The building has gas heat and hot water - separate and tenant paid. The electric is updated and also separate/tenant paid. There is a huge paved parking area on one side with ample off-street parking. Good investment opportunity with cash flow - 22% ROI. Value add opportunity = rents are below market. Increase for 12% CAP proforma.