RARE WATERTOWN 3 FAMILY!! This hard to find, well maintained 3 family home is fully rented and offers a huge parking lot, 2 car detached garage and various improvements throughout. Other updates include newer windows in most of the units, newer vinyl siding for the garage and new driveway in 2015. The units are spacious and clean, all gas utilities, updated electrical (3 meters) and hot water heaters. Furnaces have been serviced every year. The kitchen cabinets have been updated in most units. Newer appliances throughout. The basement is very clean, dry and offers tons of storage space. This is a great opportunity for owner occupants or investors looking for turn key cash flow. Can be used as a full rental property for investment purposes or live in one of the apartments and collect the rent from the remaining two. Convenient location close to all major highways and local attractions. Call today for a private showing!
Off market
Street View
$382,700
266 Falls Ave, Watertown, CT 06779
7beds
2,328sqft
MultiFamily
Built in 1910
-- sqft lot
$382,700 Zestimate®
$164/sqft
$2,621 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Forced air, Gas
Cooling
- Wall
Appliances
- Included: Washer
- Laundry: Basement Hook-Up(s), Washer/Dryer Some Units, Hook-Up In Unit 2, Laundry located in basement
Features
- Basement: Partially finished
- Attic: Access Panel, Walk-up
Interior area
- Total interior livable area: 2,328 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Detached
Features
- Exterior features: Vinyl
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Not Applicable
Lot
- Size: 6,098 sqft
- Features: Level, Corner Lot
Details
- Parcel number: WATEM125B187L23
- Zoning: R125
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other, Units on different Floors
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public Water Connected
Community & neighborhood
Community
- Community features: Fitness Center
Location
- Region: Watertown
HOA & financial
Other financial information
- Total actual rent: 215000
Other
Other facts
- ViewYN: true
- Sewer: Public Sewer
- Heating: Baseboard, Forced Air, Natural Gas
- Roof: Asphalt
- GarageYN: true
- AssociationYN: 0
- HeatingYN: true
- CoolingYN: true
- Basement: Full, Storage Space
- Zoning: R125
- ExteriorFeatures: Awning(s)
- NumberOfUnitsTotal: 3
- ConstructionMaterials: Frame, Vinyl Siding
- LotFeatures: Level, Corner Lot
- NumberOfUnitsInCommunity: 3
- CommunityFeatures: Golf, Fitness Center, Medical Facilities, Walk to Bus Lines, Shopping/Mall, Library
- ArchitecturalStyle: Other, Units on different Floors
- GrossIncome: 27000
- View: Water
- Cooling: Wall Unit(s)
- ParkingFeatures: Detached Garage, Paved, Parking Lot
- YearBuiltSource: Public Records
- Attic: Access Panel, Walk-up
- FoundationDetails: Concrete, Masonry
- WaterSource: Public Water Connected
- WaterfrontFeatures: Not Applicable
- TotalActualRent: 215000.00
- LaundryFeatures: Basement Hook-Up(s), Washer/Dryer Some Units, Hook-Up In Unit 2, Laundry located in basement
- MlsStatus: Show
- Exclusions: Unit 1E Washer and Dryer not included.
- NetOperatingIncome: 18443
- OperatingExpense: 8556
Services availability
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