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Great opportunity for a value add property in Waterbury's Brooklyn neighborhood. One building with 11 units, all 1 bed/1 bath w/LR. Aluminum siding, asphalt shingle roof and rear porches. Owner pays heat and hot water (central gas; included in rents). Electric is separate and tenant paid. There is parking for 5 cars in back. Rents are way below market offering great upside potential with 9% pro-forma CAP rate. Property is located across from Duggan school and is a desirable location for tenants with easy highway access + close proximity to shopping and downtown. This property can be purchased as part of a larger portfolio sale.

Brooklyn

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995 Bank Street, Waterbury, CT 06708

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