The Cozzi Team's new offering is a turn key, 7 unit, mixed-use property with a 14+% CAP rate. It consists of 1 store/retail space on the ground floor that comes w/a storage unit and 6 residential apartments. The asset is a turn key investment opportunity that features: Newer windows (w/in 5 years), an updated and recently inspected fire alarm system, fire doors on all units, new mechanicals and updated interior units (kitchens, baths + flooring). There is a parking lot across from the property that is included with the sale with parking for approx. 12 cars. All the utilities are separate and tenant paid. The heating is gas, forced air. There is a new hot water heater and gas furnace in each unit. This asset has been well managed and maintained. It is a turn key opportunity with a good return!
Off market
Street View
$733,200
5 Hill St, Waterbury, CT 06704
18beds
9,684sqft
5 Family+
Built in 1909
-- sqft lot
$733,200 Zestimate®
$76/sqft
$1,671 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
- Bathrooms: 7
- Full bathrooms: 7
Heating
- Forced air
Cooling
- Central
Appliances
- Included: Freezer, Range / Oven, Refrigerator
Features
- Flooring: Laminate
- Basement: Unfinished
Interior area
- Total interior livable area: 9,684 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 5,227 sqft
Details
- Parcel number: WATEM0237B0171L0003
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5 Family+
Condition
- Year built: 1909
Utilities & green energy
- Water: Public Water Connected
Community & neighborhood
Location
- Region: Waterbury
Other
Other facts
- Attic YN: 0
- Direct Waterfront YN: 0
- Exterior Features: Sidewalk
- Lot Description: Corner Lot, Level Lot
- Exterior Siding: Vinyl Siding
- Heat Fuel Type: Natural Gas
- Hot Water Description: Natural Gas
- Fuel Tank Location: Non Applicable
- Property Type: Multi-Family For Sale
- Sewage System: Public Sewer Connected
- Water Source: Public Water Connected
- Basement Description: Unfinished, Full
- Nearby Amenities: Walk to Bus Lines, Shopping/Mall, Public Transportation, Public Pool
- Swimming Pool YN: 0
- Cooling System: Window Unit
- Home Warranty Offered YN: 0
- Flood Zone YN: 0
- Heat Type: Hot Air
- Construction Description: Frame
- Foundation Type: Concrete
- Waterfront Description: Not Applicable
- Assessed Value: 143850
- Roof Information: Shingle
- Property Sub Type: 5 Family+
- Gross Annual Expense: 28736
- Gross Annual Income: 66700
- Tax Year: July 2018-June 2019
- Property Tax: 8661
Services availability

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