40 E Liberty St, Waterbury, CT 06706

This investment opportunity consists of 2 buildings with a total of 16 units - All apartments are spacious, 3 Bedroom/1 Bath and have laundry in unit. The property is leased through the HAP Program (on yearly contract so is always 100% occupied with rent increases every year. There are separate and tenant paid utilities. 1 Building is gas H&HW with a new gas line and 1 Building is electric H&HW with updated electrical. The buildings have 50% newer/replacement windows. There is ample off-street parking with approx. 15 parking spaces + an additional lot across the street. They also made energy updates including: re-insulating the basement and upgrading the lighting. There is a super on site who has been with the property for years. 10% CAP Rate