Town Plot neighborhood, three-family opportunity available with 11% CAP rate + 26% ROI. This is a turn key three-family ready for someone to owner occupy or start investing. The 1st & 2nd floor are 2 bed/1 bath and the 3rd fl is a 4 bed/1 bath unit. The roof is BRAND NEW w/full strip and chimney rebuild. The property also has some replacement windows throughout. The units feature newer kitchens, baths, laminate flooring + updated fixtures. The utilities are separate and tenant paid - electric H, HW and cooking. There is a driveway to the left of the property (neighbor has an easement with dirt parking area behind. Increase rents for 11.5+% CAP proforma. Location, LOW maintenance + minimal expenses make this is a great opportunity for someone looking to start their portfolio or add on.
Off market
$392,800
60 Alder St, Waterbury, CT 06708
8beds
2,146sqft
MultiFamily
Built in 1900
-- sqft lot
$392,800 Zestimate®
$183/sqft
$2,168 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Range / Oven, Refrigerator
- Laundry: All Units Have Hook-Ups
Features
- Basement: Unfinished, Full
- Attic: Crawl Space
Interior area
- Total interior livable area: 2,146 sqft
Property
Parking
- Parking features: Off-street
Features
- Patio & porch: Porch
- Exterior features: Vinyl
- Waterfront features: Not Applicable
Lot
- Size: 4,791 sqft
- Features: Sloped
Details
- Parcel number: WATEM0366B0678L0090
- 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: 209900
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
- Cooling: Window Unit(s)
- NumberOfUnitsInCommunity: 3
- FoundationDetails: Brick/Mortar, Concrete
- GrossIncome: 33000
- PatioAndPorchFeatures: Porch
- LotFeatures: Sloped
- ParkingFeatures: Off Street, Paved
- ExteriorFeatures: Lighting
- YearBuiltSource: Public Records
- Attic: Crawl Space
- WaterSource: Public Water Connected
- WaterfrontFeatures: Not Applicable
- CommunityFeatures: Walk to Bus Lines, Public Transportation, Public Rec Facilities, Commuter Bus
- TotalActualRent: 209900.00
- ArchitecturalStyle: Units on different Floors
- LaundryFeatures: All Units Have Hook-Ups
- MlsStatus: Active
- TaxAnnualAmount: 4607
- OperatingExpense: 9427
- NetOperatingIncome: 21923
Services availability

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