This is an opportunity to own an income producing three-family in the north end by Waterbury PAL with an 11+% CAP rate. The property has (3 2 bed/1 bath apartments with approx. 830 SF each. The 1st fl is rented m to m and the 2nd fl is on a lease. The property features vinyl siding, replacement windows and the 2nd + 3rd floor have been renovated within the last couple of years - kitchens, baths, flooring, paint. There is washer hookup in each apartment. The utilities are separate and tenant paid - electric heat & hot water, gas for cooking. There is a private driveway with ample off-street parking in the rear. Good investment for someone looking to start investing or add to their portfolio with over $17k NOI per year.
Off market
Zestimate®
$392,000
48 Irion St, Waterbury, CT 06704
6beds
2,466sqft
MultiFamily
Built in 1917
-- sqft lot
$392,000 Zestimate®
$159/sqft
$2,025 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Electric
Cooling
- None
Features
- Basement: Unfinished
Interior area
- Total interior livable area: 2,466 sqft
Property
Parking
- Parking features: Off-street
Features
- Patio & porch: Porch
- Exterior features: Vinyl
- Waterfront features: Not Applicable
Lot
- Size: 6,534 sqft
- Features: Level
Details
- Parcel number: WATEM0257B0578L0108
- Zoning: RM
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 3updown - Unit(s) per Floor
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1917
Utilities & green energy
- Sewer: Public Sewer
- Water: Public Water Connected
Community & neighborhood
Location
- Region: Waterbury
HOA & financial
Other financial information
- Total actual rent: 149900
Other
Other facts
- Sewer: Public Sewer
- Heating: Baseboard, Electric
- Roof: Asphalt
- Basement: Unfinished, Full
- Zoning: RM
- AssociationYN: 0
- HeatingYN: true
- NumberOfUnitsTotal: 3
- ConstructionMaterials: Frame, Vinyl Siding
- LotFeatures: Level
- NumberOfUnitsInCommunity: 3
- FoundationDetails: Stone, Concrete
- ParkingFeatures: Unassigned, Off Street, Paved
- CommunityFeatures: Basketball Court, Park, Walk to Bus Lines, Public Pool, Public Transportation, Public Rec Facilities, Commuter Bus
- PatioAndPorchFeatures: Porch
- YearBuiltSource: Public Records
- GrossIncome: 25440
- WaterSource: Public Water Connected
- TotalActualRent: 149900.00
- WaterfrontFeatures: Not Applicable
- ArchitecturalStyle: 3updown - Unit(s) per Floor
- MlsStatus: Active
- NetOperatingIncome: 17336
- OperatingExpense: 6832
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$392,000
2% more+$7,840
With Zillow Showcase(estimated)$399,840