NOT LISTED FOR SALE

23 & 27 W Porter St Waterbury, CT 06708

South End District Neighborhood
12 Beds
6 Baths
10,584 Sq Ft
0.43 Acres

Last Sold March 04, 2022

Last sale price $500,000 $47 Per Sq Ft

6 Days on Market

Highlights

  • 0.43 Acre Lot
  • Attic
  • Porch
  • Property is near public transit
  • No HOA
  • Public Transportation

About This Home

As of March 2022

Don't miss this 12 unit VALUE ADD opportunity! This offering consists of (2) adjacent six-unit properties with a shared driveway and ample rear parking. #23 is fully occupied building with all 2 bed/1 bath units. It features a newer roof (less than 5 yrs), vinyl siding and some replacement windows. The utilities are separate and tenant paid - electric heat and gas HW + cooking. The hot water heaters are newer and electrical is updated to circuit breakers. There are washer/dryer hookups in the units and various interior updates - some flooring, fixtures, kitchens and baths. All tenants are M to M w/below market rents = big upside. #27 is a 6 unit property that is fully gutted and needs interior renovation including: electrical, plumbing, HVAC, sheetrock, flooring, and finishes. All units are also 2 bed/1 bath. It does have vinyl siding and a newer roof (less than 5 yrs) + some replacement windows. HUGE HUGE potential here with high ARV. The properties are across from Duggan School and in close proximity to Town Plot, highway access and local dining/shopping. Proforma value $900k + with 10% CAP & $90k NOI.

Last Agent to Sell the Property

Amanda Sheehan

Oxford Realty License #REB.0795097 Listed on: 01/15/2022

Oxford Realty

Last Buyer's Agent

Amanda Sheehan

Oxford Realty License #REB.0795097 Listed on: 01/15/2022

Oxford Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,210

Year Built

  • Built in 1930

Lot Details

  • 0.43 Acre Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Masonry

Interior Spaces

  • 10,584 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Parking

  • Private Driveway
  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Community Details

Overview

  • No Home Owners Association
  • 12 Units

Additional Features

  • Public Transportation
  • Gross Income $42,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,210

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Neighborhood: Brooklyn Center
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 10584
  • Public Record Living Room Sq Ft: 5376
  • Total Sq Ft: 10584
  • Year Built: 1930
  • Nearby Amenities: Commuter Bus, Medical Facilities, Park, Playground/Tot Lot, Public Rec Facilities, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Tax Year Updated Dt: 01/15/2022
  • Directions: Bank St to West Porter
  • Special Features: None

Interior Features

  • Total Bedrooms: 12
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Basement Description: Full, Unfinished
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes

Exterior Features

  • Exterior Features: Gutters, Lighting, Porch, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Masonry, Stone
  • Roof Information: Asphalt Shingle, Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Unpaved, Driveway, Off Street Parking
  • Driveway Type: Private

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.4300
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RH

Multi Family

  • Gross Annual Income: 42000
  • Unit Count: 6
  • Total Multi Family: 30
  • Total Num Of Units: 12

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 3210
  • Mil Rate Base: 60.210
  • Assessor Parcel Number: 1390118

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2022 03/04/22 Sold $500,000 0.0% $47 / Sq Ft
01/21/2022 01/21/22 Pending -- -- --
01/15/2022 01/15/22 For Sale $500,000 -- $47 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Amanda Sheehan

    Seller's Agent in 2022

    Amanda Sheehan

    Oxford Realty

    (203) 314-4219

    23 in this area

    167 Total Sales

    Amanda Sheehan
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Map

Source: SmartMLS

MLS Number: 170461586

SmartMLS

APN: WBRY M:0390 B:1028 L:0174

Connecticut New Haven County Waterbury 06708 South End District

23 & 27 W Porter St, Waterbury, CT

Not Listed for Sale

MultiFamily

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