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  • $365,000

    74 Tracy Avenue, Waterbury, CT 06706

    6beds
    3,160sqft
    Multi Family
    Built in 1928
    -- sqft lot
    $502,800 Zestimate®
    $116/sqft
    $2,003 Estimated rent

    What's special

    ATTENTION INVESTORS!! Now is your chance to own a meticulously maintained three-family in the Hopeville section of Waterbury. The property was updated with 72 new thermopane windows, a newer roof, and maintenance-free vinyl siding. All three of the property’s units have 2 bedrooms and a full bath, with beautiful woodwork throughout. The property features a detached three-car garage with electric openers, which can be rented out separately for additional income. All three units have separate electric and heating, with one water bill for all three. Currently, the property is owner and tenant-occupied, with one unit vacant. The rent is significantly below market rates. If the property was updated to market-rate rents, and the garages rented out separately, the property boasts an impressive 9.10% CAP rate based on current expenses. It is very hard to find a property as well kept, that will CASHFLOW as much as this one! Property is located in an opportunity zone, giving it great tax benefits. Potential Gross Income of *$46,800*. The second floor is viewable upon a second showing.

    Zillow last checked: 7 hours ago

    Listing updated: September 08, 2022 at 02:41pm

    Listed by:

    Justin Cabral,

    West View Properties, LLC,

    Stacy Hauser,

    West View Properties, LLC

    Bought with:

    Jason El-Eid, RES.0796709

    Cedar Land Realty, LLC

    Source: Smart MLS,MLS#: 170506590MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Baseboard, Radiator, Natural Gas, Oil
    Cooling
    • Central Air
    Appliances
    • Included: Electric Water Heater, Gas Water Heater
    • Laundry: In Basement
    Features
    • Basement: Full
    • Attic: Storage
    • Has fireplace: No
    Interior area
    • Total structure area: 3,160
    • Total interior livable area: 3,160 sqft
    • Finished area above ground: 3,160

    Property

    Parking
    • Total spaces: 3
    • Parking features: Detached, Paved, Asphalt
    • Garage spaces: 3
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Patio, Porch, Enclosed
    • Exterior features: Rain Gutters, Underground Sprinkler
    Lot
    • Size: 10,018 sqft
    • Features: Corner Lot, Level
    Details
    • Parcel number: 1395809
    • Zoning: RL

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Units on different Floors
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Stone
    • Roof: Asphalt,Other
    Condition
    • New construction: No
    • Year built: 1928

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Waterbury
    • Subdivision: Hopeville
    Services availability
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