This is an opportunity to own a 3-family + 1 car-detached garage with 12+% CAP rate + 28+% ROI. The 1st and 2nd floor are 3 bed/1 bath each and the 3rd floor is a 2 bed/1 bath unit - the property is 100% occupied. There are washer/dryer hook-ups and some unit updates throughout (kitchens, baths. The siding, windows and roof are in good/average condition. Utilities are separate and tenant paid - with updated electrical to circuit breakers. Heat, hot water and cooking are a mix of gas and electric. There is no driveway/off-street parking but there is a one-car detached garage at street level. Value add = update units + increase rents for a 15+% CAP rate. This is a LOW expense + LOW maintenance option to start investing or to add to your portfolio. This property can be purchased with additional assets in Waterbury.
Off market
$326,200
34 Kellogg St, Waterbury, CT 06710
8beds
2,855sqft
MultiFamily
Built in 1900
-- sqft lot
$326,200 Zestimate®
$114/sqft
$1,655 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Gas
Appliances
- Included: Washer
- Laundry: Washer/Dryer Some Units
Features
- Flooring: Carpet
- Windows: Thermopane Windows
- Basement: Unfinished
- Attic: Crawl Space
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,855 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage - Attached, Garage - Detached
Features
- Patio & porch: Porch
- Exterior features: Vinyl
- Waterfront features: Not Applicable
Lot
- Size: 4,791 sqft
- Features: Level
Details
- Parcel number: WATEM0234B0542L0088
- Zoning: RM
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public Water Connected
Community & neighborhood
Location
- Region: Waterbury
HOA & financial
Other financial information
- Total actual rent: 155000
Other
Other facts
- Sewer: Public Sewer
- Heating: Baseboard, Natural Gas
- Roof: Asphalt
- GarageYN: true
- Basement: Unfinished, Full
- Zoning: RM
- AssociationYN: 0
- HeatingYN: true
- NumberOfUnitsTotal: 3
- ConstructionMaterials: Frame, Vinyl Siding
- CurrentFinancing: Conventional
- LotFeatures: Level
- Cooling: Window Unit(s)
- NumberOfUnitsInCommunity: 3
- FoundationDetails: Stone, Masonry
- GrossIncome: 26700
- PatioAndPorchFeatures: Porch
- ParkingFeatures: Detached Garage, Paved
- CommunityFeatures: Park, Walk to Bus Lines, Public Transportation, Public Rec Facilities, Commuter Bus
- YearBuiltSource: Public Records
- Attic: Crawl Space
- WindowFeatures: Thermopane Windows
- WaterSource: Public Water Connected
- WaterfrontFeatures: Not Applicable
- TotalActualRent: 155000.00
- ArchitecturalStyle: Units on different Floors
- LaundryFeatures: Washer/Dryer Some Units
- MlsStatus: Active
- NetOperatingIncome: 18769
- OperatingExpense: 6596
- TaxAnnualAmount: 1428
Services availability

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