$135,000
$159,900
15.6%For more information regarding the value of a property, please contact us for a free consultation.
28 Young Street Waterbury, CT 06704
6 Beds
3 Baths
2,502 SqFt
Key Details
Sold Price $135,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,502 sqft
Price per Sqft $53
MLS Listing ID 170312386
Sold Date 11/16/20
Style Units on different Floors
Bedrooms 6
Full Baths 3
Year Built 1924
Annual Tax Amount $3,514
Lot Size 6,098 Sqft
Property Sub-Type 3 Family
Property Description
This is an opportunity to own a turn key 3-family + 2-car detached garage with 10+% CAP rate + 21+% ROI. All apartments are 2 bed/1 bath and are 100% occupied with tenants. There are washer/dryer hook-ups and some unit updates throughout (kitchens, baths). The siding, windows and roof are in good/average condition. Utilities are separate and tenant paid – with updated electrical to circuit breakers. Heat, hot water and cooking are a combo of gas and electric. There is a 2-car detached garage behind the property with off-street parking available. Value add = update units + increase rents + rent garages for a 13+% CAP rate. This is a low maintenance option to start investing or to add to your portfolio. This property can be purchased with other assets in Waterbury.
Location
State CT
County New Haven
Zoning RM
Rooms
Basement Full, Unfinished
Interior
Heating Baseboard
Cooling Window Unit
Exterior
Exterior Feature Porch, Sidewalk
Parking Features Detached Garage, Paved, Off Street Parking
Garage Spaces 2.0
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Foundation Masonry, Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
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Bought with Ahlam El-Eid • Cedar Land Realty, LLC