$510,000
$550,000
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385/389 Congress Avenue Waterbury, CT 06708
12 Beds
6 Baths
6,861 SqFt
Key Details
Sold Price $510,000
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Sold
Purchase Type For Sale
Square Footage 6,861 sqft
Price per Sqft $74
MLS Listing ID 170437876
Sold Date 12/06/21
Style Other
Bedrooms 12
Full Baths 6
Year Built 1913
Annual Tax Amount $8,699
Lot Size 0.300 Acres
Property Sub-Type 5 Family+
Property Description
7 UNITS situated in Waterbury's Historic West Side along the Town Plot south eastern edge. Prime Real Estate Investment. True Wealth Builder. The keys to this property offer not only a great place to call home but also the key to financial independence and prosperity. Incredible opportunity to purchase this estate that has been owned by the same family for generations. Stately stucco sided 6 family building along with a lovely 2/3 bedroom single family home with large expansive basement. Huge detached & heated 3 car garage with walkout on lower level coupled with a gorgeous privately situated yard to the rear of the property. All vinyl replacement windows on both buildings. The 6 family has fully enclosed rear porches along with complete enclosed front stairwells. Each of the 6 spacious apartments has 2 bedrooms, high ceilings, and a roomy walk-in closet. Many great attributes abound this classic equity machine. Great for those relocating and want their own residence while benefiting from the large rent roll of the 6 plex and 3 car garage. Investors this is the type of A-1 investment not often seen in residential Realty in this price point. Location, Income, and Flexibility. The (projected) market rent roll is app. $7500+/month + ; $90k+/annual . Current income is much lower with current owner. Minutes to RT 8 & I84. Subject to probate court approval. Inspections will be for buyers informational purposes only. Sold As Is... Cash or commercial mortgage only....
Location
State CT
County New Haven
Zoning CN
Rooms
Basement Full, Unfinished
Interior
Heating Baseboard
Cooling Window Unit
Exterior
Exterior Feature Gutters, Sidewalk
Parking Features Detached Garage
Garage Spaces 3.0
Waterfront Description Not Applicable
Roof Type Other
Building
Lot Description City Views
Foundation Brick, Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
Middle Schools Per Board Of Ed
High Schools Per Board Of Ed
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Bought with Verzem Poveromo • Century 21 Scala Group
