$165,000
$169,900
2.9%For more information regarding the value of a property, please contact us for a free consultation.
20 James Street Waterbury, CT 06708
6 Beds
3 Baths
2,808 SqFt
Key Details
Sold Price $165,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,808 sqft
Price per Sqft $58
MLS Listing ID 170436272
Sold Date 11/30/21
Style Units on different Floors,3updown - Unit(s) per Floor
Bedrooms 6
Full Baths 3
Year Built 1920
Annual Tax Amount $5,858
Lot Size 3,920 Sqft
Property Sub-Type 3 Family
Property Description
Perfect investment opportunity! This 3 unit multi-family property offers its next owner a relatively low-maintenance opportunity to start or add to their portfolio. Tenants pay their own electric & gas (all units have easy electric heat/two units have gas water heaters & one unit has electric). Situated in lower Town Plot / the Brooklyn neighborhood; the location is ideal. Easy commuter spot for tenants as well as easy access to all the amenities the area. Recent renovations include a 6-year-old roof, newer windows, addition of an owner's electric meter, kitchens and baths were refreshed within the past 10 years and are of decent quality. Some rooms have refinished hardwood, vinyl, or tile. This property also features enclosed front and rear porches, a clean basement with tidy utilities, and off-street parking. Increase your return on your investment by bumping rents to market rates as current rents are $750/month. At $750/month per unit, this building has the ability to bring in $27,000 gross income, and if the rents are bumped to market rates, up to $33,900 or more! This one is a must-see!
Location
State CT
County New Haven
Zoning RH
Rooms
Basement Full, Unfinished, Concrete Floor, Storage
Interior
Heating Baseboard
Cooling None
Exterior
Exterior Feature Gutters, Porch-Enclosed, Sidewalk
Parking Features Paved, On Street Parking, Off Street Parking
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Concrete, Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Duggan
Middle Schools Per Board Of Ed
High Schools John F. Kennedy
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Bought with Ashley Henry • Century 21 AllPoints Realty
